Are your buyers considering purchasing a 'pig in a poke'?

When a market is hot, sometimes buyers might be too eager to make a mistake
  • A "pig in a poke" means that something is sold or bought without the buyer knowing its true nature or value.
  • If buyers are in a multiple-offer situation and insist on waiving the inspection, urge them to conduct an inspection prior to closing.
  • Check for permits and other issues using
  • If you spot what may be a potential problem, remember to never diagnose the problem; instead, point out potential red flags.

Strong real estate markets coupled with an inventory shortage have always generated strong flipping activity. But while your buyers may be “oohing and aahing” over that recently refurbished property, it’s your job as their agent to make sure their dream home doesn’t turn into a nightmare.