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  • Report:  #4584

Complaint Review: Coldwell Banker/realtor - Phoenix Arizona

Reported By:
-
Submitted:
Updated:

Coldwell Banker/realtor
Listing agent Sharon Dupont/Elaine Rob Phoenix, Arizona, U.S.A.
Phone:
602-954-6888
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
Could it be a $8,000,000 Home, or a $8,000,000 sucker deal In Phoenix, AZ Information on the property located at 5050 E. Red Rock Dr... Better Known as the Camelback Castle in Phoenix, AZ The property is listed at $7,995,000.00.... According to the Maricopa County Tax Records, this property was purchased on 05/24/1989 for a much lower amount of $985,000.00. Could a home go up 800% in this amount of time ? I think NOT. Finding the tax information was a bit time consuming, for an error was made in the parcel ID number Reported on the listing realtor's Documentation. The information in the MLS is to represent correct factual data on properties, if you were to purchase this property with the wrong assessors number you would not be buying the property known as "The Castle"- a Phoenix Landmark. Was this a" typo"? It certainly will dissuade realtors from looking up the tax records which also show, according to the tax assessors square footage (6,172 sq. ft), is significantly less than the appraiser square footage (7807 sq. ft.) which is shown in the MLS listing. Could be a multi million Dollar mistake, or a deal for a SUCKER. If you care to check with a title company details on the property the correct assessor number is 172-48-024-A, not 172-48-624. When a listing is entered with an error, especially one with an 800% appreciation in value from 5/24/1989 to approximately 1/18/2001 it is most important to obtain all of the correct information prior to making an offer. Maybe the owner is hurting for money. The following questions must be answered when there is an error with the assessor number. Why was it different from the tax records? Is someone hidding inside info ? Where is the property that this different number belongs to? Is there such a property and is this 5050 E. Red rock Dr. really for sale?? what is the actual Square Footage of the home? The room dimensions are not given so if you want to know the size of the rooms you will have to measure them. The MLS listing reads "includes guest / caretakers qrtrs, secret passageways", etc. could it be "secret passageways" is to be counted as actual living square footage? What did the listing agent mean? Prior to considering an offer please have a real estate attorney research the information. Your real estate attorney may also suggest an appraiser. To aid your attorney in the fact-finding process, he or she may need to contact the listing agent, Sharon Dupont at Coldwell Banker Success Realty, phone # 602-954-6888, or via the email address at "www.DupontTeam.com" Just keep an OPEN EYE on them. The listing agent SHOULD be eager to provide CORRECT information. THE BIG QUESTION IS Would the listing realtor be posting or releasing the wrong Parcel ID number of # 172 48 624 instead of Parcel # of 172-48-024-A to hide something from a buyer of a $8,000,000 home that was bought in the past for less then $1,000,000 on 5/24/89 To all readers Get a attorney before you buy a home of any price.



11 Updates & Rebuttals

RALPH

HOOPESTON,
Illinois,
U.S.A.
COLDWELL BANKER - DEVONSHIRE REALTY THEFT AND FRAUD AS REPORTED BY ED

#2Consumer Comment

Mon, January 19, 2004

Dear Ed, in respone to your report above, you are correctin stateing that the name of the company Alone does not signify integrity or good business practices. The Coldwell Bankers realty group run by Devonshire Realty in the state of Illinois is a prime example. If your readers look under Bank One and read my report on Bank One foreclosures, Coldwell Bankers was the realty company that stole over 1 million dollars of assets from my home as my wife and I were setting up a new business 120 miles away. What I said in my report is truth and can be seen in the Mason County court records where we filed suite. The broker from Coldwell sold our home to one of the individuals operating the local Federal Prison in the area for $140,000.00 against an appraisal of over $300,000.00 without any notice to owners of record, after a phone call and certified letters from us. Thanks for letting me sound off. This has taken a heavy toll on my health and on my wifes. This is something you remember for a long time to come.


RALPH

HOOPESTON,
Illinois,
U.S.A.
COLDWELL BANKER - DEVONSHIRE REALTY THEFT AND FRAUD AS REPORTED BY ED

#3Consumer Comment

Mon, January 19, 2004

Dear Ed, in respone to your report above, you are correctin stateing that the name of the company Alone does not signify integrity or good business practices. The Coldwell Bankers realty group run by Devonshire Realty in the state of Illinois is a prime example. If your readers look under Bank One and read my report on Bank One foreclosures, Coldwell Bankers was the realty company that stole over 1 million dollars of assets from my home as my wife and I were setting up a new business 120 miles away. What I said in my report is truth and can be seen in the Mason County court records where we filed suite. The broker from Coldwell sold our home to one of the individuals operating the local Federal Prison in the area for $140,000.00 against an appraisal of over $300,000.00 without any notice to owners of record, after a phone call and certified letters from us. Thanks for letting me sound off. This has taken a heavy toll on my health and on my wifes. This is something you remember for a long time to come.


RALPH

HOOPESTON,
Illinois,
U.S.A.
COLDWELL BANKER - DEVONSHIRE REALTY THEFT AND FRAUD AS REPORTED BY ED

#4Consumer Comment

Mon, January 19, 2004

Dear Ed, in respone to your report above, you are correctin stateing that the name of the company Alone does not signify integrity or good business practices. The Coldwell Bankers realty group run by Devonshire Realty in the state of Illinois is a prime example. If your readers look under Bank One and read my report on Bank One foreclosures, Coldwell Bankers was the realty company that stole over 1 million dollars of assets from my home as my wife and I were setting up a new business 120 miles away. What I said in my report is truth and can be seen in the Mason County court records where we filed suite. The broker from Coldwell sold our home to one of the individuals operating the local Federal Prison in the area for $140,000.00 against an appraisal of over $300,000.00 without any notice to owners of record, after a phone call and certified letters from us. Thanks for letting me sound off. This has taken a heavy toll on my health and on my wifes. This is something you remember for a long time to come.


RALPH

HOOPESTON,
Illinois,
U.S.A.
COLDWELL BANKER - DEVONSHIRE REALTY THEFT AND FRAUD AS REPORTED BY ED

#5Consumer Comment

Mon, January 19, 2004

Dear Ed, in respone to your report above, you are correctin stateing that the name of the company Alone does not signify integrity or good business practices. The Coldwell Bankers realty group run by Devonshire Realty in the state of Illinois is a prime example. If your readers look under Bank One and read my report on Bank One foreclosures, Coldwell Bankers was the realty company that stole over 1 million dollars of assets from my home as my wife and I were setting up a new business 120 miles away. What I said in my report is truth and can be seen in the Mason County court records where we filed suite. The broker from Coldwell sold our home to one of the individuals operating the local Federal Prison in the area for $140,000.00 against an appraisal of over $300,000.00 without any notice to owners of record, after a phone call and certified letters from us. Thanks for letting me sound off. This has taken a heavy toll on my health and on my wifes. This is something you remember for a long time to come.


EDitor's Comment, Brett, you are so dead wrong!

#60

Wed, December 18, 2002

Brett, This REBUTTAL was brought to my attention and I feel I just have to respond. I feel, just because they have a great reputation for so many years, does not mean that business will not or do not do unscrupulous things to consumers. After all, look at the Enron case and even the Priests-pederast situation! Who would ever think!? Long, well-established reputations yesterday means nothing today! Please understand, I have no first-hand knowledge of these individual reports, but I am only commenting on your general remarks about standard situations that they have excellent reputations, and can do no wrong. You are so dead wrong. How do you think most politicians and BIG successful business people get where they are today? Most bend ethical conventions. Now, that does not mean all successful business people and politicians, but probably most, ..you can never say all about most anything. However, that is why we are needed. Someone needs to be the watchdog for the consumers for these unethical businesses so we can identify their unscrupulous business practices. ED Magedson [email protected]


Brett

Carefree,
Arizona,
OBVIOUS ATTEMPT TO DEFAME

#7UPDATE Employee

Tue, August 27, 2002

The so called "rip off" report is nothing more
than a pathetic attempt by some malcontent to
defame Coldwell Banker Success Realty and two of it's most successful and respected agents.
Both the organization and the agents referred to in the diatribe have excellent reputations as evidenced bu the number of real estate transactions each has been involved in with countless satisfied and often times, high profile clients.

I, as well as Coldwell Banker and the listing agents would urge anyone who enters into a real estate transaction to have their agents do the appropriate due diligence and contact the listings agents directly for questions or concerns if their interest in any property is legitimate.

As for the information which appears on any MLS printout, please be aware that the information is entered by humans and occasionally incorrect information can be posted. This is why, at the bottom of the printout it reads "Buyer to verify all information. Information deemed reliable, but not guaranteed". Per the AAR contract there is also an inspection period in which to conduct further research if necessary. If incorrect information is brought to the attention of a listing agent, more often than not, it will be corrected.

Unfortunately, any organization which, or person
who is successful is often times subject to
such baseless and unsubstantiated claims as appears in this report.

Any consumer can feel confident working with a Coldwell Banker Success agent and is welcome to contact one for the finest in professional real estate representation available beacuse in fact, THAT is what the record shows.


Brett

Carefree,
Arizona,
OBVIOUS ATTEMPT TO DEFAME

#8UPDATE Employee

Tue, August 27, 2002

The so called "rip off" report is nothing more
than a pathetic attempt by some malcontent to
defame Coldwell Banker Success Realty and two of it's most successful and respected agents.
Both the organization and the agents referred to in the diatribe have excellent reputations as evidenced bu the number of real estate transactions each has been involved in with countless satisfied and often times, high profile clients.

I, as well as Coldwell Banker and the listing agents would urge anyone who enters into a real estate transaction to have their agents do the appropriate due diligence and contact the listings agents directly for questions or concerns if their interest in any property is legitimate.

As for the information which appears on any MLS printout, please be aware that the information is entered by humans and occasionally incorrect information can be posted. This is why, at the bottom of the printout it reads "Buyer to verify all information. Information deemed reliable, but not guaranteed". Per the AAR contract there is also an inspection period in which to conduct further research if necessary. If incorrect information is brought to the attention of a listing agent, more often than not, it will be corrected.

Unfortunately, any organization which, or person
who is successful is often times subject to
such baseless and unsubstantiated claims as appears in this report.

Any consumer can feel confident working with a Coldwell Banker Success agent and is welcome to contact one for the finest in professional real estate representation available beacuse in fact, THAT is what the record shows.


Brett

Carefree,
Arizona,
OBVIOUS ATTEMPT TO DEFAME

#9UPDATE Employee

Tue, August 27, 2002

The so called "rip off" report is nothing more
than a pathetic attempt by some malcontent to
defame Coldwell Banker Success Realty and two of it's most successful and respected agents.
Both the organization and the agents referred to in the diatribe have excellent reputations as evidenced bu the number of real estate transactions each has been involved in with countless satisfied and often times, high profile clients.

I, as well as Coldwell Banker and the listing agents would urge anyone who enters into a real estate transaction to have their agents do the appropriate due diligence and contact the listings agents directly for questions or concerns if their interest in any property is legitimate.

As for the information which appears on any MLS printout, please be aware that the information is entered by humans and occasionally incorrect information can be posted. This is why, at the bottom of the printout it reads "Buyer to verify all information. Information deemed reliable, but not guaranteed". Per the AAR contract there is also an inspection period in which to conduct further research if necessary. If incorrect information is brought to the attention of a listing agent, more often than not, it will be corrected.

Unfortunately, any organization which, or person
who is successful is often times subject to
such baseless and unsubstantiated claims as appears in this report.

Any consumer can feel confident working with a Coldwell Banker Success agent and is welcome to contact one for the finest in professional real estate representation available beacuse in fact, THAT is what the record shows.


Brett

Carefree,
Arizona,
OBVIOUS ATTEMPT TO DEFAME

#10UPDATE Employee

Tue, August 27, 2002

The so called "rip off" report is nothing more
than a pathetic attempt by some malcontent to
defame Coldwell Banker Success Realty and two of it's most successful and respected agents.
Both the organization and the agents referred to in the diatribe have excellent reputations as evidenced bu the number of real estate transactions each has been involved in with countless satisfied and often times, high profile clients.

I, as well as Coldwell Banker and the listing agents would urge anyone who enters into a real estate transaction to have their agents do the appropriate due diligence and contact the listings agents directly for questions or concerns if their interest in any property is legitimate.

As for the information which appears on any MLS printout, please be aware that the information is entered by humans and occasionally incorrect information can be posted. This is why, at the bottom of the printout it reads "Buyer to verify all information. Information deemed reliable, but not guaranteed". Per the AAR contract there is also an inspection period in which to conduct further research if necessary. If incorrect information is brought to the attention of a listing agent, more often than not, it will be corrected.

Unfortunately, any organization which, or person
who is successful is often times subject to
such baseless and unsubstantiated claims as appears in this report.

Any consumer can feel confident working with a Coldwell Banker Success agent and is welcome to contact one for the finest in professional real estate representation available beacuse in fact, THAT is what the record shows.


The current value of property has little to do with what was paid for it years ago.

#110

Thu, January 10, 2002

They filed the following rebuttal to the above Rip-Off Report:

Their email: [email protected]
Their name: rick marcus
Their phone number: @Rebuttal_Phone@
Their relationship to the company: Consumer Suggestion

Rebuttal:

1. The current value of property has little to do with what was paid for it years ago. It has to do with supply and demand. For example, if you bought 10,000 gallons of water for $100.00, and then next week it was found to be the only pure water in the state, it would be worth a lot more than your $100.00

2. When the property is appraised, the appraiser will show a property layout showing what is and what is not included in the square footage.

3. A better solution would be to simply email the listing agent and let them know about the wrong number


UPDATE

#120

Fri, March 02, 2001

badbusinessbureau.com has the documents to prove the above Rip-off Report.

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