One of the most unethical tricks in real estate is advertising a home at a price well below its real price.

Thousands of buyers get their hopes up, only to discover that the home they love was never in their price range. Advertisements which say “price range” or “offers above” or “bidding to start from” are usually misleading. The agents will use the excuse of the “market” to cover their lies.

Be very careful – financially and emotionally – when you see “quotes” about likely selling prices. Most times, it’s just a bait to lure you.

Take the bait and you’ll almost certainly get hurt in one way or another.

Back to 13 Worst Mistakes