Is Remax Legit? For buying an apartment?

Answers to your qestions about moving to, and living in, Peru,
User avatar
eugene.in.peru
Gold Member
Gold Member
Posts: 66
Joined: Mon Jun 12, 2017 3:57 pm

Is Remax Legit? For buying an apartment?

Postby eugene.in.peru » Mon Apr 02, 2018 7:31 pm

We went to look at an apartment with my wife recently. She liked the place, but for me its really seemed like it could use a facelift, and I told her to offer less. The agent then told us that owner already has an offer for full price, and unless we give $3000 of a deposit and a written offer she is accepting the full price offer she supposedly has. So fast forward, another remax agent calls for an apartment that we looked at a while ago, to see if we still wanted it, I said no, but there was one that we looked recently and explained whole thing.
To my surprise agent goes: 'oh give me $1500 with written offer and I will talk to the owner'. So is REMAX is big scam? What types of protections are there? If I do give me $$$ and owner accepts higher offer what are my chances of ever seeing that money? :twisted:
Last edited by eugene.in.peru on Wed Apr 11, 2018 10:32 am, edited 2 times in total.


69roadrunner
Gold Member
Gold Member
Posts: 401
Joined: Thu Aug 11, 2016 1:48 pm

Re: Is Remax Legit? For buying an apartment?

Postby 69roadrunner » Tue Apr 03, 2018 9:33 am

2 words, escrow account.
samthesham
Silver Member
Silver Member
Posts: 47
Joined: Sun Apr 01, 2018 12:33 pm

Re: Is Remax Legit? For buying an apartment?

Postby samthesham » Tue Apr 03, 2018 11:33 am

This kind of thing happens in the U.S. all the time.
Someone pretends to have a place for sale/rent or poses as the agent/owner, give them the deposit and you never hear from them again.
I'm calling scam.
User avatar
adrian Thorne
Gold Member
Gold Member
Posts: 1134
Joined: Fri Aug 03, 2007 1:29 am
Location: Sol De La Molina

Re: Is Remax Legit? For buying an apartment?

Postby adrian Thorne » Tue Apr 03, 2018 10:35 pm

Remax is legal. The agents are generally running small franchises, receiving commission on sales. It is quite common for them to reduce their share to secure a sale. I would not be surprised if a little greasing is required with other interested agents. The original seller may in fact be asking less than your offer.
Alpineprince
Gold Member
Gold Member
Posts: 1504
Joined: Mon Nov 03, 2008 8:12 pm
Location: "Miraflores State of Mind"

Re: Is Remax Legit? For buying an apartment?

Postby Alpineprince » Tue Apr 03, 2018 10:54 pm

69roadrunner wrote:2 words, escrow account.

That does not exist in Peru!
69roadrunner
Gold Member
Gold Member
Posts: 401
Joined: Thu Aug 11, 2016 1:48 pm

Re: Is Remax Legit? For buying an apartment?

Postby 69roadrunner » Wed Apr 04, 2018 8:44 am

May not be the exact 2 words or the term used in Peru but you set it up through a lawyer. Simple. safe easy peasy.

Return to “Expat Information”

cron

Login  •  Register