Willner Properties

Zero stars? How about negative stars? That’s what Wilner Properties and its «Evil twin» company — RE/​MAX Equity Group of Hillsboro deserve.
(1) They kept their nasty, ugly signpost advertising on my newly-​acquired property for almost two weeks after closing despite my request to have it removed the day after closing. Sure, I just cleaned out my life savings for all their «hard work». Why not give them free advertising, too?
(2) They are running a business DEVOID of integrity. The house was originally FSBO for $ 170K. After Wilner got its slimy snake body wrapped around the sellers, they jacked the price up almost $ 10,000 before posting it on the MLS as a «new listing» two months later. They did not disclose the original asking price or the time the house had been «for sale». This is MATERIAL INFORMATION I didn’t discover until later; Wilner violated ethical duty by failing to disclose the true day the house was put up for sale. (Don’t worry, I got a screenshot). This is why the MLS is scam.
(3) Wilner Properties DEFRAUDED THE SELLER by misleading them about the actual market value of the house. This is the «Equity» part of RE/​MAX Equity Group (which Wilner Properties belongs to). what they really mean is that if you hire them they will definitely STEAL ALL THE EQUITY.
This house I bought is very old and decrepit… it’s about ready to burn down from faulty wiring. The house has rot in the structure, and the roof is at end of life. (Always ALWAYS get an inspection on older houses)
The house was not worth $ 170K, let alone what they were asking for it after the Realtors came in and jammed their signpost into the ground. Yet because they are «REALTORS» they think they can just start inventing property values based on manufactured hype and wishful thinking. They absolutely REFUSED to use logic in their negotiations and coming down from the delusional prices they were asking.
Side note — apparently this is why the new motto of RE/​MAX is «Dream with your eyes open». They want you to adopt their way of psychotic insanity.
Wilner put in a total of maybe 1 hour of work to «find» me the buyer (posting on the Internet). Then one hour in click/​form-​filled electronic paperwork (Docusign). A half hour texting. TOTAL HOURS SPENT = 2.5. About $ 10,170 was extorted from the seller for those 2.5 hours of work, which they collected at closing. This is $ 10,170 MORE that I was FORCED INTO PAYING so these scumbags could get paid for doing nothing. That’s $ 20,340 of economic value stolen from buyer and seller.
(4) RE/​MAX Equity Group agent put in 0 (ZERO) hours to «find» me (I am the buyer I found the house on the Internet). Then she put in one hour in click/​form-​filled electronic paperwork (Docusign). One hour sitting there doing nothing «babysitting» passively an inspection I PAID FOR OUT OF MY OWN POCKET. A half hour of texting, pretending to negotiate on my behalf. An hour to sit there passively during closing at title co. $ 4,960 or so was the share given to RE/​MAX Equity Group for all that «hard work». $ 4,960 MORE that I had to take out and add on my loan /​add on to my down payment. That’s an entire $ 4,960 LESS than the sellers were able to recover from their investment. That’s $ 9,920 of economic value stolen from buyer and seller.
Grand TOTAL = $ 30,260 of economic value stolen from me and the home owners, people who’d been paying on their mortgage for 10 years. Stolen in 5 hours. It’s no wonder this industry has the most unethical people of any.
And the Realtors are so delusional they actually think they deserve it! How do they sleep at night? No good person could sleep at night doing this for a living — this is why there are no good people working in real estate.
Sellers ended up worse off then they would have if they’d kept it FSBO. But me (the buyer) is the one who got especially screwed over. Higher LTV (loan-​to-​value) for absolutely no reason. I am NOT HAPPY about this at all, especially considering that the agents did next to nothing in actual work. I’ll be filing complaints with the commissions and also with the DOJ. Time to revive the DOJ vs the NAR:
The REALTORS are the problem here, not the banks. This is the giant loophole in the system that the NAR keeps lobbying so its members can keep extorting people to protect itself. Total baloney.
I strongly encourage all my friends in the technology sector to boycott RE/​MAX and all its affiliates (any Realtors), but especially those at Wilner Properties.