Friday, January 21, 2011

If it Sounds Too Good to be True, it is Probably a (NEW) Agent Talking

She's showing the listing of mine in Arlington. I'm there to make sure the dog does not bite. She's this cute little kitten of an agent holding out her shiny new business card, and showing me her license (still warm from the presses).

Her customer asks, "Where is the property line", and the sprightly, energetic young lass replies, "Over there...see the fence?" and she prances across the yard all the while talking about the shrubbery and other flotsam of greenery this "yard" will fairly produce under the pressure of a will green thumb.

I, of course, am not thinking green: I am turning red. As her customers plot and plan their futures in a tad of privacy under the canopy of a catalpa tree, I whisk the young agent over to an opposite corner, and as delicately as possible ask her, "Are you friggin' crazy or just stupid?" (OK I did not say "friggin'")

"What?" she asks.

"You," I say, "just told your customer where the property line is? How do you know? How do you know that the fence is not misplaced, or recessed or EVEN meant to be on the property line of THIS property or the neighbor's."

"Well," she says, rather non-plussed, "CAVEAT EMPTOR! -- Buyer beware!" and she jingle jangles off to show them the inside of the home with the new windows and new what nots (note to readers -- is something "NEW" if it is one month old? 1 year old? who is to say what is new?)

Ya see folks, here in my little corner of the world, there is NO SUCH THING AS CAVEAT EMPTOR -- BUYER BEWARE!!!!!!! No such thing, no such thing! We have, instead, 93A -- the Consumer Protection Act (MGL Chapter 93A).

93A protects consumers from, well... being misled and harmed by statements from those who are professionals in their fields. In other words it gives the inexperienced consumer protection from being rough-shod by some hi-falutin' wheeler dealer, right?

Right, but it DOES more: it "imposes responsibility for false statements made in good faith. The broker can obtain no refuge from liability because of the statement being made in good faith on her part" (from Grynowicki v. Silvia, 1994 Mass App 173).

Despite the new agent's best intentions and good faith, she runs afoul of consumer protection laws and risks heavy damages assessed --- and she DOES NOT EVEN KNOW IT!

So what to do? I took her buyers aside, and told them that the fence may or may not be the line. I told them we do not have a survey, and the owners of the home do not have a survey. The only way to be sure is with a survey. In other words I saved her (nicely sculpted at SuperFitness) BUTT!

So remember, buyers do not have to "beware" -- they do not even have to be AWARE! They just have to mention 93A!.

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