Newport Beach Real Estate - Full Disclosure | Newport Beach Real Estate

Newport Beach Real Estate – Full Disclosure

by Michael Salas on March 4, 2009


Some people, when selling, have a difficult time telling the truth about their home. They are afraid if they disclose negative items, they will scare the buyer away or somehow, hurt the deal.  When I represent a seller, I urge full disclosure about everything using the required California Transfer Disclosure Statement (TDS). It’s better to put up a caution flag to a buyer than face a judge in court. Cheaper too.

Homeowners trying to sell without professional assistance, sometimes take it to another level. Downward I would suggest. Maybe too much information is not a good thing. For Sale by Owner’s (FSBO) take note – If you want to sell your home, consider your signage – if you need advice, contact me.

Honesty is a good thing, but, do you really think using ad copy as shown below will get buyers salivating over your home?

Photo of a For Sale by Owner sign with unusual language

Let me know what you think of this photo. I’m sure many of us have felt this way about a neighbor…but do we really want the world to know? What happens if you don’t sell and you’re stuck?

What are your thoughts?

Please comment…Start the conversation.

{ 6 comments… read them below or add one }

Linsey March 5, 2009 at 12:48 PM

Mark,

I have to say, I find that hilarious. I’ll give it to the owner – they are getting the disclosure out of the way right out of the gates. I suspect, they may be looking for the added benefit of irritating the neighbor as much as attempting to sell. Thanks for a chuckle this morning!! :)

Michael Salas March 5, 2009 at 1:59 PM

Hi Linsey…Thanks for commenting. Yep, when a friend sent this photo to me I roared. Who hasn’t felt this at one time or another. But to put it out there as a selling tool. Yikes! What are they thinking?

By the way…my name is Michael…but you can call me Mark. Didn’t Paul Simon write a song something like that?

Have fun out there!

Richard Stabile Bergen County Real Estate July 3, 2009 at 8:49 PM

I think that is out of control. It is a personal issue, it is not good for anyone. Unless it is a joke, the seller could have a little bit of problems displaying that sign. I think the neighbors may be able to site an assault or something. Never the less this is wild!

Trey August 21, 2009 at 7:23 PM

Ahhh Snap, that’s to funny. I don’t know much about real estate law, but that sellers is putting it all out on the table. :)

Kim Jameson August 21, 2009 at 7:42 PM

Oh my, how funny. Trey just sent me this post, he thought I’d get a good laugh and I did :)

Michael, do you think we can use the pic, pretty please. :)

Jay Valento - Long Beach Real Estate August 27, 2009 at 8:23 PM

That is pretty funny…lol. :-)

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