I am my own real estate agent and I recently got a property under contract. The description the selling agent added on the MLS said the property was rentable via Airbnb. When I asked for the bi-laws he dragged his feet. I had to do a bunch of work to get the HOA bilaws on my end, the manager of the HOA has a phone that has been disconnected, turned out the treasurer was running things for the most part and she provided bi laws after the discovery window (though these were requested within the window).
I was paying a premium because the listing was advertised as AirBnB friendly, now the property does not make sense at that price and they are not open to renegotiate. I explained to the selling agent that had they not advertised it as such, or been more helpful during discovery we wouldn't be in this situation.
The selling agent says because the GAR (my MLS board) states in the contract that:
Section B. Paragraph 10. c. "Disclaimer: Buyer and Seller have not relied upon any advice or representations of Brokers other than what is included in this Agreement."
He is totally absolved of the fact that he described the property incorrectly. Is that true? My inclination is to take him to small claims court the $2,000 deposit plus the $535 appraisal fee.
Any advice would be greatly appreciated!