@Joe White
No worries
Depends on how you think/look at things or your values.
1) While many of us as an investors, or I should say as a landlord, most of landlord want is a stable agreed rental income monthly that generated from the properties. I got that through out the years; however, most of my friends or people(who invested in philly back in decade or earlier ago) I know got burnt, either tenants not own rent for 3-4 months, or had 3-5 tenants over the decade. and eventually they all sold out their properties at a lost becuz the market in Philly didn't appreciate as quick as others states. I consider myself as so call lucky in a way. Therefore, I am not complaining a lot as long as I got what I wanted.
2) The other way to look at this PM is that they find ways to make more money which is smart where they leverage their risks of being sued or compliant etc. Of course, this is not what I suggest or do if I were them. It won't last long for their business. There are always loophole in the real estate market... I am not gonna go deep into the dark side of it since many of them are exposed in 2008 crisis or many of us had already experience so many cases. Since the PM claimed that there is a potential buyer, I will just take the chance/risk for few more days because I recalled one of people I know that the PM got him a buyer without applying mortgage, so closing is completed quickly.
3) I think properties are being listed in MLS mostly in Philly... so doesn't really matter which agent to use in a way since brokers can always make a deal among themselves whoever got a client buying the house and closed the deal. Of cuz getting a honest, legit or a broker who take care of you is always good, but not easy and 90% of the time is more of less they are all the same. I have seen so many real estate related companies are extremely lousy regardless of sales, the people who works in the companies, and bosses are all the same. you can only see $ on their eyes.
4) I think this is also a reason we (as a "client" or "customer" of these PM or real estate company ) are always on the "loser" side or always being taken advantage. These companies always have an edge that we wont go complain as much or go for legal actions cuz it will just a lose for us as always. We will lose time, money, happiness and brain juice, etc if we go sue them or just to see how much money we can burn on both sides.
I will see what I can do after I got my keys.. hopefully I can get this done and find a better place to invest