Last year I had a terrible experience with both New Western and Stockpile Property Ventures, which operate under common ownership.
What was communicated about the transaction structure, costs, and process changed significantly as the deal progressed. Costs and time increased substantially, transparency was poor, and what was communicated did not match what ultimately appeared in the transaction documents or in the agents actions.
There was consistent use of urgency and pressure around signing agreements containing terms that were far less favorable than what had been communicated.
These were just some of the many issues experienced. Taken together, the experience left me with zero trust in how this group conducts business.
This kind of conduct is exactly why wholesalers have such a bad reputation. Fortunately, in this tighter real estate market, slimy wholesaling companies like this one are being pushed out, that is a good thing.
A complaint is being submitted regarding clear, well documented violations of the National Association of Realtors Code of Ethics and Professional Standards by a group of us who discovered they had experienced similar conduct. A complaint to the BBB to follow. read more