One of the most complex and significant financial events in peoples' lives is the purchase or sale of a home or investment property. Because of this complexity and significance, people typically seek the help of real estate brokers and sales agents when buying or selling real estate. Frank Ouellette Realty located on 245 East Avenue in Norwalk, CT. is not the individual whom you want to have working in your behalf.
Real estate brokers and sales agents are suppose to have a thorough knowledge of the real estate market in their communities. They are suppose to know which neighborhoods will best fit clients' needs and budgets. They are suppose to be familiar with local zoning and tax laws and know where to obtain financing. Agents and brokers are suppose to act as intermediaries in price negotiations between buyers, sellers, but this is where Frank Ouellette excels. He will give a higher price to the buyer, and work out a said deal under the table with the seller of the home.
Real estate agents usually are independent sales workers who provide their services to a licensed real estate broker on a contract basis. In return, the broker is suppose to pay the agent a portion of the commission earned from the agent's sale of the property. Brokers usually are independent business people who sell real estate owned by others; they also may rent or manage properties for a fee, but not in Frank Ouellette's case. Frank has broken every Real Estate Law imaginable.
Recently Frank's son was just busted on March 17, 2006 for drugs in Norwalk, Connecticut. Frank Ouellette called the Norwalk Hour himself, and tried to encourage them to change their story, but they refused. They left their 22 year old son in jail overnight, so these actions alone must tell you the type of parents that they are. Home owners should be well aware of the tactics that Frank Ouellette will use to try and get a consumer to buy a home that they cannot afford.
Homeowners and first time buyers "YOU HAVE BEEN WARNED"