- Report: #1042317
Report - Rebuttal - Arbitrate
Complaint Review: Sean Roland Real Estate Team
Sean Roland Real Estate Team2911 Kennedy Road Toronto, Ontario United States of America
Sean Roland Real Estate Team Sean Roland Real Estate & Mortgage Team Real Estate SCAMMERS - STAY AWAY! Toronto, Ontario
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I was looking at a real estate magazine one day and saw pictures for a house at a very very low price (I was looking for my first house and did not have any experience in real estate). I decided to call the number in the magazine to ask a couple of questions about the house (i.e. location, number of rooms, etc.). The number was for the Sean Roland TEAM.
A lady told me that she would have someone call me back. When I got a call back, the man did not answer any of my questions and just said that I should come down to his office. I asked again about the house in the magazine, and he said that he will show me it.
When I went into his office, I found out that he was the mortgage agent and the real estate agent was some other guy (who was also at the office). He once again avoided answering any questions about the house in the magazine (I BEGAN TO SUSPECT THAT THE HOUSE IN THE MAGAZINE IS A FALSE AD TO LURE PEOPLE IN).
I was in a small office with these 2 guys (the mortgage agent and the real estate agent). To make a long story short, they took advantage of my inexperience in this area and pressure me to sign a "Buyer Representative Agreement".
At one point the mortgage agent gave me the papers and when I tryed to read it he said "oh, you do not want to sign it??". They real estate agent then went on to explain this 6 month agreement while leaving out the most important part.... I CANNOT BUY REAL ESTATE WITHOUT THEM ACTING AS MY AGENTS, FOR IF I DO.... I MUST PAY THEM 3% OF ANY PROPERTY I BUY... EVEN IF THEY DID ABSOLUTELY NOTHING TO HELP ME.
CONCLUSION: They falsely promote houses on their website and in magazines to lure people in. They put houses on their that they have no intention of showing you, simply so you think that if you sign with them ... you will have access to these properties. They pressure you to sign without reading the agreement ... they read you the agreement while leaving out important details.
NOW: Now, I cannot buy a property while under this agreement. ITs locked me in with them.... but I do not want to buy with them since they are liars and did not show me any homes that I was interested in.
MORAL: DO NOT SIGN ANY AGREEMENTS WITH THESE SCAMMERS.
This report was posted on Ripoff Report on 04/10/2013 07:10 PM and is a permanent record located here: http://www.ripoffreport.com/r/Sean-Roland-Real-Estate-Team/Toronto-Ontario-/Sean-Roland-Real-Estate-Team-Sean-Roland-Real-Estate-Mortgage-Team-Real-Estate-SCAMMERS-1042317. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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