John Foltz - President
Tel # 831-1010
Realty Executives, a real Rip-off
*100's OF COMPLAINTS WITH VARIOUS AGENCIES
When I went with my Realtor to meet at my new home for a
final inspection, I was told nothing would be leaving the
home, that the owners were out of state and had taken
everything they were going to take. I then gave my broker
the balance of my down payment and was handed the keys
to my new home. The next day I had a locksmith change all
the locks on ALL the doors. Two days later the home was
broken into. Fixtures that were permanently affixed to the
structure were literally ripped off the wall! I reported this to
the police. . At the same time I called my realtor and told
her what had happened. My broker and I thought it looked
like the former owners had come in and took the items they
wanted because my TV, stereo and cameras were not even
touched. There was damage to the walls and a large area of
the white carpeting was totally ruined! The door jam and
door were totally destroyed along with several walls causing
over $6,000 in damages. I was told all the items were
staying and came with the home. The police said this was a
I had asked my broker to call Realty (Rip-off)
Executives and see if they had anything to do with this.
My broker even taped her when calling her. She, the agent
admitted breaking in to the home with the owners parents to
get things they wanted. They did not want to pay for any of
the damages. The Realty Executive Broker bragged that
people have tried to sue us before or file complaints with
the Department of Real-estate or the Real-estate
Department, and that the home owner always looses.
After spending $3,242.00 on court costs and legal
services and filed claims with all the State agencies that over
see Realtors, nothing happened in my favor.
The Realty Executive broker was right, we won't win.
I later found out that the president Mr. Foltz serves on some
of these boards and is the largest home seller in Arizona.
SO, .. buyer be ware! If they do you wrong in any way, do
not expect any type of justice in the Arizona courts.
We called the Better Business Bureau, they do have
an unsatisfactory rating with numerous complaints.