My clients had their home listed through BuyOwner before listing it with me. I called MLS Realty to find out what the deal was with the lien and they said oh we've just faxed you the Satisfaction of Lien. I asked why there was a lien in the first place and they told me they always place a lien on properties they list, and in this case, they'd just forgotten to remove it.
WHAT? Am I naive on this, or has anyone else ever heard of Realty companies doing this? Why do they place a lien anyway if people pay for their services up front?
Just reason 101 why you should use a Realtor instead of BuyOwner! This makes me sick! And do you suppose people know that they do this when they sign with BuyOwner or is it hidden in the fine print?
Here's more I've found out about this situation. RipOff Report. Seems it is happening a lot. Isn't anyone else at all outraged by this? I am shocked they are still in business!
Liane Jamason, REALTOR
Keller Williams Realty
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