This Week in Comments

Drywall rehab draws construction firms’ interest:
Chinese drywall is to normal drywall as the South Florida real estate market is to the national real estate market.

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How often do brokers misrepresent square footage?
1. What we need is regulation that defines once and for all the different metrics of a building.
2. It should be illegal not to give accurate square footage of property. The brokers should be fined a hefty sum if they are off base by more than 2 percent.
3. This is nothing compared to commercial property or buildings.
4. Buyers should bring a measuring tape or pay an architect to do a survey. It’s called due diligence baby.
5. The buildings mentioned above are a very small percent of the market. With all the new construction of the last decade it’s pretty straightforward. It’s not only brokers who inflate square footage — trades people do as well.