Loft/Studios listed as "1-Bedroom"

Sam
Home Buyer
Portland, OR

Many studio/loft condos listed as 1-bedroom, when legally and technically they are not. They should be listed as 0-bedroom. It is very, very annoying. And it is nothing more than a lie. It is another way in which realtors try to separate people from their hard-earned money.

Answers (5)
Arbor Pass
Builder/Developer
97006

Sam,

I am so glad that I was able to help you out with your new home (wow, a 6 day close). I hope that you and your family enjoy your new Arbor Home. Please let me know if there is anything at all that I can do for you. Tell your family I say hi!

Christopher Korenthal
Arbor Real Estate Group

Sun Aug 16 2009, 11:28
Sam
Home Buyer
Portland, OR

Uhm....my point is: The listings did NOT say "loft/studio". They said, "1-bd".

Sat Aug 8 2009, 16:24
Arbor Pass
Builder/Developer
97006

I can understand your annoyance. I think that Realtors just assume you know that if it states a "loft/studio" you know what it entails. What area are you looking at? We have two new communities built by Arbor Custom homes just minutes from Hwy 26. We offer 2 bedrooms. Please feel free to call me: 503-888-0133.

Sat Aug 8 2009, 15:49
Sam
Home Buyer
Portland, OR

In response to Carla:

I did not say "all realtors".
Obviously, I did not buy any of the lofts...
But I did drive from Seattle to Portland to look at the properties which was a waste of time. Why would I ever think to need to ask "is it a TRUE one bedroom"?
The fact of the matter is: listing a 0-bd as 1-bd is is a "bait and switch" tactic. It is false advertising. If nobody calls the realtors on this behavior, then where does it stop?
A better response would have been: "Sam, that behavior is not acceptable. Here is the email and phone number where you can report this illegal behavior..."

Sat Aug 8 2009, 11:19
Carla Muss-Jaco...
Broker
Portland, OR
FIRST ANSWER

Not ALL Realtors, Sam.

My office doesn't take listings, so your argument about "all" is not correct. And why would you only want a studio/loft? Most buyers do not. If they can purchase a condo a 1 bedroom is highly desireable -- over a studio/loft.

I also don't understand how you accuse Realtors of separating people from their money. Are you that naive that you would allow someone to take advantage of you?? Hmmm . . . most people are not gullible and/or naive in purchases, and come prepared. At least, this is what I've found to be true in the many years I've been practicing real estate.

Also, Realtors aren't loaning the money. So if you have issue with a property that you can't afford, and you're working with an unscrupulous lender, you might have a valid point -- against the LENDER!

Here's what I tell my clients: If it costs TOO MUCH, and/or does NOT fit in with YOUR monthly budget -- wait for it . . . . . . wait for it . . . . . . . DON'T BUY IT!

As a Realtor who has been honest with all my transactions, I take offense at being disrespected in this way/

Realtors have a Code of Ethics. It's online -- if you find that an agent has violated the Code of Ethics, file a complaint/grievance with PMAR. STOP ranting on Trulia . . . and do something. By the way, if you think agents are falsely advertising, it's Article 12 of the COE. Hey, no need to thank me.

Carla Muss-Jacobs, Broker/Owner
EBA Portland, LLC
Exclusive Buyers' Agent
Assisting Buyers in Metro Portland since 1999

Sat Aug 8 2009, 09:54

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