Legal Question in Real Estate Law in California
Listing Price via the Internet
Hello,
I recently found a home on the Internet with a listing price of $100,000. I found it again on the real estate agencies website as well, at the same price as the first site ( Both websites are not affilitated) Yet when I called the agent selling the home, I was told a far higher price then the two I found previously. As a consumer what are my legal rights as far as changing listing prices on property? Especially when I have the full amount to purchase the home at the first price listed on two seperate websites.
3 Answers from Attorneys
Re: Listing Price via the Internet
Even if there is a raise in the price you don't have to make an offer applicable to that. Anyone can raise the price they wish on a residence as long as they are not in contract applicable to that residence. Merely because they put down one figure does not buying them to maintain that figure throughout the sale. Reasonable consumers must understand if that the clever right to change their mind as long as it is illegal and the same time they are not reaching any agreement because of that. If you wish to consult with me and I'm not sure why at this .925 -- 945 -- 6000
Re: Listing Price via the Internet
Sounds like you probably have a false advertising case under Biz and Prof. Code Section 17200.
Re: Listing Price via the Internet
If this is deliberate and not an error, it is unethical and probably unlawful under both the Business & Professions Code and broker regulations of the Department of Real Estate. However, you cannot oblige the owner to sell to you at the advertised price. Houses sell for more than the listing price all the time, due to multiple offers and other reasons.
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