I am a broker and working from many years. I was using another service and was satisfied. I wanted to try this company as I had heard a lot about it. So, when I met a buyer who was looking for a multifamily property, I called Apartment Reality Group.
The buyer wanted a 12 units place and his budget was somewhere in between $4-$5 million. When I contacted ARG, they seemed very less interested and said that they did not offer services to buyers who have representation with other agents apart from their own. However, they told me this after asking few details about my client. This was suspicious. But, I did not bother much as they are among few big names.
So, I asked if I could do it some other way. They denied completely. So, if you think that they will offer at least a over priced deal, forget it. They will not offer anything in the greed of making all the profits themselves.
They completely buzzed me off. After a week, when I contacted the buyer with other options, I came to know that they got the call from ARG directly. They mentioned that I was the one who gave them the lead which was completely untrue. They had even provided him few options that he liked. When I checked the price, I was shocked to see the numbers. They had over estimated the properties that they were selling.
I told them the entire thing and they were also disappointed by ARG’s unprofessional behaviour. Later, I asked my old connections and finalized the deal. If I had been few days late, they would have already converted the deal for their profit only. They were even ready to scam the client as well.
I called the company and asked them about their unethical means of approaching my client and they said that they got the clue from somewhere else. They are great at making excuses, but I had proof.
ARG is a fraud company and if you are a broker, you should keep your safe distance from them. Or, they will rip you off for some dollars. I never expected someone of this stature, making such move.
I am here, writing this review because I want them to pay for their injustice. Although, I was saved, and my hard work did not go waste, but I would like to warn all those who are dealing with this company or wants to deal. If you are a buyer, make sure you compare the prices with other providers before making any purchases. This company is a scam and cannot be trusted in any way possible.
71page views and 2540$ of monetary losses. The most of the users reported the severity of the scam is high.