Beward of brokers contacting you online!

More than a year ago my 20 year old son was contacted by a broker through the internet. The broker claimed he worked for a well known firm and actually had a webpage, although it showed no history. My son was searching online for an apartment and apparently this broker found it online. The rest is a nightmare! First, the broker had absolutely no experience. Yes, I looked him up on line. Yes, he... [more]

More than a year ago my 20 year old son was contacted by a broker through the internet. The broker claimed he worked for a well known firm and actually had a webpage, although it showed no history. My son was searching online for an apartment and apparently this broker found it online. The rest is a nightmare! First, the broker had absolutely no experience. Yes, I looked him up on line. Yes, he supposedly worked for that particular firm. What I didn't realize was that he was an independent contractor who had never sold a home and hunts people down through the internet. Thousands of dollars later, rejection of our board packet and more than a year of wasted time, we finally connected with a professional broker who did a fabulous job and got us board approved in an even better place. The morale of this story.... parents buying for children be sure you do your homework better than we did. [less]