Agent Intentionally Mismeasures.

[Ken George]

I've noticed a trend whereby the owner's licensed agent intentionally measures on the downside to I believe, increase the seller pool and quicken the sale.  In the cases I've identified, all of this agent's listings are over $1M.

In one case, this agent was 350 sq. feet short which, based upon the sale price, represented a $100,000 gift to a buyer.

In another sale, this agent was 700 sq. feet short which represented a $210,000 gift to a buyer.

Has anyone heard of this practice?  If so, is it illegal?

[Russell Brazil]

Real estate agents dont measure properties.

Further, there is no standard way to measure square feet. Have 10 people measure a property, youll get 10 different square footages.