Industry NewsMortgage

Sloppy real estate deals surge in hot market

New agents, lenders, appraisers all blamed
Published on Jun 29, 2004

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by CareyBot

Real estate professionals are seeing more sloppy deals in this hot housing market than in the past, according to the overwhelming majority of respondents in an informal Inman News poll.

The latest tally of survey results found 86 percent of respondents said they'd seen sloppy business practices increase. But their ideas about whom to blame for such dealings varied widely, and they pointed fingers at everyone from newbie agents to lenders to appraisers.