Warning: Do Not Blindly Trust Elham!
Be extremely cautious about using Elham as your agent. Do your due diligence!
Victims of Elham have reported situations where:
1- Home values may be overstated during the listing pitch, and price drops may be pushed after a long contract is signed.
2- Clients may be steered toward deals where the same agent represents both sides, allowing the agent to collect both commissions while clients lose leverage.
3- Defects may be minimized or left out to speed up a sale, leaving buyers with costly problems that should have been disclosed.
4- Competing offers may be exaggerated or invented so clients feel pressured into quick decisions and higher bids.
5- Preferred inspectors, lawyers, or mortgage brokers may be promoted because they make the agent’s job easier, not because they protect the client’s interests.
6- A finance condition may be discouraged with a guaranteed mortgage approval promised upfront, then a switch to private lenders may be pushed at the last moment so higher commissions can be collected.