I must admit that I am the type of person that won’t trust others easily. Very often, I question what strangers say, especially what salespeople tell me.
I am not born skeptical or cynical. It is learned over the years. After two decades investing in properties and other assets, I have my fair share of trusting the wrong source or person. There were many times I regretted being so naive.
This is especially true in real estate. Although there are honest people around, it is basically a cowboy industry. The wrong people I trust can be industry stakeholders or subject matter experts. They include property agents, conveyancing lawyers, bankers, contractors … you name it.
Sadly, there are a lot of first-time homebuyers, eager upgraders and amateur investors who are very gullible. They think the property market is what they have been told in vested local property articles. Many only read the misleading headlines....