As more homes are equipped with “smart” technologies for everything from surveillance to home automation, the real estate purchase process is changing.
Home sellers are increasingly using video and/or audio surveillance to eavesdrop on potential buyers, using the information gleaned as leverage. This places the buyer at an obvious disadvantage during negotiations.
With many of today’s sellers using technology to their advantage, it pays to exercise caution. If you are viewing a home, a good rule of thumb is to assume you are being recorded and act accordingly.
Although it can be a challenge, especially since a home purchase can be such a personal and emotional process, try to keep any comments to yourself. The home showing is not the time to gush…