WRONG Sold Data - On Purpose

Misleading SOLD Price

I called the Local MLS office and the Listing Agent on a sale I made months before. Our office had Sold a 120 acres parcel - it was listed as an 80 acre and an 40 acre parcel - they bought both, months later I noticed the MLS had the 80 acre at one price and the 40 acre at another price as SOLD and they did NOT ad up to what our client / buyer had paid.

It was more and one parcel was quite a bit higher per acre. I called the agent, because I was filling out my yearly insurance paperwork to confirm the SOLD price, that is Not what I was really doing, I was really letting the agent know of the mistake, they confirmed the price with me and did not care about the MLS Data being wrong, they refused to change it.

I called the MLS Office and as usual they did not care and acted VERY confused by it all. The point of all of this is the agent enters the wrong Sold Price for a Reason, they do not do this from the Settlement Statement or from the Sold Documents - they enter this SOLD price in order to make their own property or their next listing "worth more".

There should be a quality control measure in palce to make sure this is not happening but still there is none. If the MLS does not care or take steps to make sure that the data is accurate then the Realtor that went to school for one week creates the data with made up prices that nobody checks for accuracy.

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