If I could give this group a minus 20, I would. They were very hard to deal with, low-balled us terribly on the value of our home, and then pulled a sneaky, dirty little deed when it came down for them to purchase our home on the agreed amount. There were 3 simple things that they did that will stick with us forever and keep us from ever trusting a realtor again.
1. The appraiser they sent out for our 3 year old home was well below market value. They appraised our home at 460,000.00. After they tried to cheat us again and we backed out of the contract, we decided to refinance and had another appraisal done just a few months after the first one. Their appraisal amount was 490,000.00. Amazing, huh? They were trying to cheat us right off the bat by 30,000.00 and then they insisted that the price of our home be reduced by 10,000.00 more each month it was on the market.
2. They sold us on their company based on the fact that they were very aggressive sellers and never kept a home more than 2 months. This realtor was recommended by Princeton Classic homes, a company that gave them discounts if they could get a buyers home sold for a new home. They said that they were the number 1 seller in San Antonio and Austin and that there would be no problem in selling our home. They also told us that out of 600 plus homes they sold last year, they only ones they had to buy was about 16 and they were less desirable homes in San Antonio with lots of work to be done. Well, they do not sell homes, they market. Just to let you know, you can market your own home for about 700.00, the same as what they charge about 38,000.00.
3. After we thought the contract was done, and the Schrader group told us it was a done deal, they send an inspector out. The inspection came back (on a 3 year old brand new home in a very high end subdivision) with 16 pages of lies. The inspector talked about floors cracked and ceilings cracked and things that were not true or things that were normal for homes and not an issue. They also said things such as the septic tank had roots growing into it and needed to be pumped. Our septic tank is checked quarterly and does not have to be pumped out but every 5 years. We got the septic tank people to come out because it is covered in their service and they said they did not know who this inspector was but he didn't know what he was talking about. The septic was fine. This was how The Schrader group got out of the contract. They insisted that all of these items be corrected before they would buy anything. They hinted at not wanting to honor the contract in a meeting they had but we were trying to hold them to it.
This is a terrible real estate group to go with. During the 4 plus months we had them, several real estate friends told us to be careful, that most of these type of services do not actually prove to be true. You would think that by law, they would have to honor their contracts, but they don't. We ended up losing a house that we were building and $4500.00 cash. I hope people see this and realize before they make any deals with this group. They do nothing to sell and everything to cheat people. read more