[ Print Article ]Articles

Harris Partners

THE CHOCOLATE SULTANA SWITCH

THE CHOCOLATE SULTANA SWITCH
It's not just unethical, it's downright illegal.

by Neil Jenman

What's the matter with us, today?

As consumers, are we so intimidated and so fearful of confrontation that we will tolerate almost any form of deception? It appears so.

In real estate, it happens every day. Here's just one of thousands of examples.

An agent quotes prospective homesellers a price of $350,000 to $370,000. Based on this quote, the sellers sign-up with the agent.

The agent then advertises the home for $300,000 (with a small + sign after the price).

A couple of months later, the home is not sold and the agent says to the owners, "You need to lower your price." The owners refuse and, instead, decide not to sell. They tell the agent to remove the sign. They think that's the end of the matter.

But then, a few days later, the agent sends the owners a bill for $3,000 for "marketing expenses".

But wait a minute. The agent lied to persuade the owners to sign-up for sale; the agent then lied to attract buyers and, finally, when the agent's lies are exposed (because the property does not sell for the promised price) the owners have to fork out thousands of dollars.

If they complain, the agent threatens them with legal action. And so the owners - like meek little mice - pay up. This is madness.

What's the matter with us today? Can't we see that being lied to and deceived is something we should never tolerate? Never.

Unfortunately, over time, most of us have become so conditioned to expect poor service that we have come to accept what was once regarded as totally unacceptable behaviour.

Well, there are some things we should never accept. One of them is being lied to about a service or product and then being expected to pay for it.

Here's another example - and one which probably none of us would tolerate.

A couple of Saturdays ago, I was at a mega-shopping plaza with my little daughter. Outside the cinema complex was one of those wonderful sweet smorgasboards. I couldn't resist the chocolate-coated sultanas. I grabbed a bag and shoveled in some generous spoonfuls. Total cost $7.75.

As we headed down the escalators, I popped a handful into my mouth. Yuk, they were chocolate peanuts.

Now, as much as I love chocolate sultanas, I loathe chocolate peanuts.

Back up the escalators I go. I approach the counter and explain what's happened.

"Sorry," says the young girl, "but you've already paid."

Perhaps her father is a real estate agent. That's not her fault. I press on; I just want my sultanas - or a refund.

"Sorry, we can't give refunds on the lollies," she repeats. "And, besides, you've been eating them."

"Hang on," I say, "If I bought a ticket to see Oliver Twist and it turned out that The Da Vinci Code was showing , do I lose my money?"

She patiently explained things to me. Movie tickets are different. Lollies are sold by weight not name.

"But it said Chocolate Sultanas on the container," I protested.

"Sorry, but that's the policy," she said.

"Can I please speak to the supervisor or the manager?" I asked.

"Which one?"

"Both please."

As I waited, it occurred to me that labeling chocolate peanuts as chocolate sultanas had to be illegal - and as for refusing to give a refund, well, surely, that was just reprehensible.

It's just like what happens in real estate. Sellers or buyers see a "label" - whether it's an advertisement or a promise from a salesperson, it's the same thing - and, based on this "label" they sign documents which require them to part with their money.

And then, when they discover that the label was false, they can't get their money back.

Now, in my case, as soon as the managers arrived (and sampled the sultanas-cum-peanuts), they understood my point. Still, they hesitated about a refund. I just wanted lollies (not trouble), so we compromised and I settled for half a bag of licorice allsorts.

The cost of switching sultanas for peanuts is only a few dollars. But it's still illegal. And the same applies in real estate where false labeling or breaking promises costs consumers thousands of dollars every day.

And what do most of them do? They meekly accept it.

Well, if you wouldn't accept being cheated over sultanas, don't accept being cheated in real estate.

Switching sultanas for peanuts is illegal.

***************************


This article is taken from the Jenman website.


<< Back to Articles

Harris Partners Real Estate
 

Articles

CONDITIONING
The tricks used to drive your price down.

THE TWO RESERVE PRICES
At an auction, the property cannot be sold until the bidding reaches the sellers reserve price. Many sellers that sign up for an auction are comforted by the fact that the reserve price will protect them against underselling.

HOOKED ON BAIT PRICING
The search for a new family home can be a lengthy, gruelling process. Even more so when it comes to interpreting the rubbery prices agents quote to buyers in the lead up to the auction.
More

NEW LISTINGS - Find out first!

What others say...

Tony Mason | Annandale
Thankyou Charles and all the team at Harris Partners Real Estate for the successful marketing and sale of our home in Johnston Street, Annandale.

Within a few weeks on the market with Harris Partners they found a buyer and were able to negotiate a price that we were happy with. The process was handled without stress and in very quick time.

William & Donna
My husband and I couldn't be happier with the way in which Sasha from Harris Partners conducted the sale of our investment unit. Initially, we were quite pessimistic about the outcome given the current climate in real estate, but from our first meeting with Sasha we felt reassured and confident that he would achieve a good outcome for us. He kept us well informed every step of the way and he was prepared to go out of his way to help us - even to the extent of picking up and installing a replacement range hood filter to save us the trip into town! We sold our property for the best price possible. We are very happy and would like to thank Sasha for his professionalism and friendly, helpful attitude.


 

Analitix IT | Web | Data - Graphic Design by Creative Cloud