Sunday, March 30, 2008

WTF? Has anyone else noticed this?

Has anyone else noticed that the new tactic being taken by realtors out there in new condo conversions to not list square footage of the units in the MLS?  An example of this can be found here: http://www.redfin.com/stingray/do/printable-listing?listing-id=1548216

I suspect that they are doing this because there is such a glut of inventory on the market in condos
that Realtors(c) are trying to make it harder to compare comps by cost per square foot. I thought
that Reators(c) had a Code of Ethics they were supposed to follow. Obfuscating the price per
square foot only serves the purpose of trying to convince someone that they are paying a comp
for an equivalent unit in the neighborhood, when in fact they could be paying far more for a smaller
unit.

I have NOT seen this on SFR yet at all. Could it be because that information is much harder to hide
for an existing structure that hasn't been converted.

Buy wisely peeps.

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