Court Gives Slash Go Signal To Sue Brokers

February 2, 2009
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The former Guns N’ Roses guitarist Rocker Slash has been given the go signal to sue Sotherby’s International Realty and agent Gregoy Holcomb for allegedly deceiving him and his wife Perla of the actual size of  their former 5,539-square-foot house in  Los Angeles Hollywood Hills. The couple also claimed that the brokers failed to make it clear to them that the house is on a public street where parking is restricted.

The realtor sold Slash the Spanish-style mansion on the 1.76-acre, L-shaped property at 1924 Wattles Drive in the Hollywood Hills in December 2005 for $6,250,000.  Slash and Perla lost a substantial amount of money when they sold the property to…

Are real estate agents still useful?

December 18, 2008
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The growing popularity of the Internet has made information more accessible to people from all walks of life.  Thus, looking for real estate for sale whether for residential or commercial purpose is fairly easy even without the help of a real estate agent or broker.

Research shows that 32% of real estate buyers this year used the Internet to seek information on the property which they ultimately purchased. So did the Internet made real estate agents and brokers a thing of the past?

Real estate brokers and agents disagree.  While the Internet offers an efficient method by which buyers can find homes and other properties, you still need real estate brokers and…