Quote:
Originally Posted by queenie40something
There is a list but the question was asked several times and an answer was never supplied.
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Hi Alison.
Quite worrying really, that people are not more concerned about this issue.
I wonder what the opinions of various agents are based on the latest round of incidence, would be interesting to know, as many have stated to me (when I was looking for opinions on where to purchase) that they were as honest as the snow is white (the "trust me governer I'm alright your money is safe with me" attitude). Quite scary to see how interlinked the Egyptian realestate market is (from lawyers, agents to developers), and how so many people have a common and at times twisted vested financial interest in selling products regardless of what the real facts are (this is not specific to the Regency Brand - which I'm sure is a wonderful product). The question is who to trust..the answer is "TRUST NO ONE". Do your own reasearch and ask as many questions as possible and don't be afraid to offend anyone. If you have any doubts then pull out, as there are always other opportunities in the market.
I have found that the Egyptian market is more dangerous place to invest than many other markets (and don't let any agent tell you otherwise). The mentality of many agents is to tell the customer what they want to hear in order to gain the commission and in my opinion the integrity of an agent will always be compromised due to the financial gains they stand to make. I have no problems with that, because they like the rest of us have a living to make, but trust an agent...never!!
In my opinion never get emotionally attached to an investment and always base your investment decision on facts and nothing else.