Saturday, July 10, 2010

LLc Property has posted a land for sale on e bay is it safe to buy fron the net.?

There was something about this on the news today. An online retailer has been told that if they want to advertise property online they will have to comply with all the legal obligations regarding Estate Agencies. This was actually Tesco.com. As a result, Tescos withdrew all property from its website.





That would lead me to think that there are very specific regulations regarding the sale of property, especially in the UK, and that this must be for a very good reason.





I don't think for a second that Ebay are likely to tick all the same boxes as a genuine estate agent or realtor.





On that basis, I'd choose to leave VERY well alone.LLc Property has posted a land for sale on e bay is it safe to buy fron the net.?
Every few months, I receive a call from someone who bought a property off the internet, usually ebay.





The description is usually appropriately vague and the buyer has not properly researched the purchase. Then the buyer is stuck with something out in the middle of nowhere and paid way more than fair market value.





Safe? Maybe. Check the seller's feedback and make sure the seller has been selling property, not trinkets then suddenly making the leap to property. If they have less than 50 feedbacks, no sale.

No comments:

Post a Comment