Buyer sues agent becasue they felt they over paid for their home. Readers of this blog know I am 100% pro consumer but this just doesn't seem right. Let's say they held the home for 10 to 15 years then what? Does the Realtor come back and ask for additional monies? Anyone ever buy a stock and have it go down just to see it blossom a few years down the road? Whatever happen to due diligence - your not buying a pair of shoes. Business
Feeling Misled on Home Price, Buyers Sue Agent
By DAVID STREITFELD
Published: January 22, 2008
Many resentful buyers may seek redress from the agents who found them a home and arranged its purchase.
(Click on the link and read the whole story in the NY times)
http://www.nytimes.com/2008/01/22/business/22agent.html?ex=1358744400&en=7ec5d1d52523ef9d&ei=5124&partner=permalink&exprod=permalink
