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| | The Bangalore Business Network Network is not currently active and cannot accept new posts | | Be careful of this Ryzer! | Views: 1147 | | Sep 18, 2008 2:06 pm | | Be careful of this Ryzer! | # | 
Ramji | | One Ryzer of BBN, named Meena Suryanarayana, contacted me in connection with the purchase of a property. She says that she is a real estate broker. Through another broker of her contact, we saw one property and paid a nominal advance. Later on, on verification of the papers legally, it was found to be defective and the papers were returned back to that broker in Meena's presence and Meena promised that the advance amount would be returned. This happened nearly 3-4 months back.
I have been regularly following up with Meena and now she is absolving herself of any responsibility in this regard and is now avoiding my telephone calls or contact. I am at my wits end as to how to recover my money.
I thought very hard and for a long time, before penning this message. She is now blaming the other broker and is absolutely not willing to take on any responsibility to enable me to recover the money. I am holding her responsible for the reason that the other broker was introduced by her and it is her duty to ensure that I get my money back.
I would advice people in this forum to be careful while dealing with such persons.
I have half a mind now to write off the amount, since all the steps taken by me seem to be unable to help me realise the amount.
Just a word of caution.
She was quite inactive in this forum for the last three/four months and I now see that she has started getting active by posting messages. Hence this warning.Private Reply to Ramji | | Sep 18, 2008 4:31 pm | | re: Be careful of this Ryzer! | # | 
Bikash Kumar Das | | Ramji Sir,
Some months ago I too warned about some specific people.For these even I mostly avoiding writing here now.One bad makes lot of difference Sir.Sure I am here not to hu7rt anyone, but to help people and give good informations.
BikashPrivate Reply to Bikash Kumar Das | | Sep 18, 2008 4:53 pm | | re: re: Be careful of this Ryzer! | # | 
sanjay jain | |
THE GREED TO EARN COMMISION
well we have seen the greed to earn quick commision,without having to set up business as free lancers,without taking responsibility is very much in, but all freelancers do not run away from the responsibilty , so even one wants to be free lancer he or she must understand whom she is introducing and should take full responsibilty otherwise he or she are a party to the act
well honest deals do prevail on ryze
kit
sanjayPrivate Reply to sanjay jain | | Sep 18, 2008 5:26 pm | | re: re: re: Be careful of this Ryzer! | # |
Rajan - | | A friend of mine lost a lakh demanded by the broker just to let us see the documents and lost 10% as commission in another deal which went through...we found it's an absolute con job by some unethical brokers.
When the market is down or the property is not attracting buyers the brokers make a deal with the owner and fix a price. They also pay an advance and sign an agreement and then they try to sell the property for higher price. If the sale goes through they pocket the difference in price and in the meanwhile when buyers show some interest they demand an advance even before the documents are produced and agreement is signed.Private Reply to Rajan - | | Sep 24, 2008 6:57 am | | re: re: re: re: Be careful of this Ryzer! | # |
Meena | |
Dear Ryzers,
I hope all must have read Mr. Ramji's msg. I would like to clarify the matter to all ryzers as Ram has neither paid the money to me nor with my consult how much to pay.
Everybody must be thinking that i'm a big fraud that i have eaten his money. But the fact is, as one more broker was dealing this issue, he paid the money through that broker that too Rs. 3500/-. Everyone must have thought he must have paid thousands or lakhs. Very sorry to say this but i'm forced to inform this to all as i have not taken the money and also, i might have called that broker 100 times to get back that money.
but never got a response from the broker. i gave a direct contact of that broker too to Mr. Ram.
I would have still tried to get his money back. As i din't get any response from the broker, i couldn't explain the situation to Mr. Ram. And also, for that amt of money both the Husband and wife started calling me day and night. also he threatened me that he will lodge a police complaint.
Just imagine, for Rs. 3500/- he wanted to give a police complaint on a helpless woman instead of understanding the situation.
Anyway, i was a housewife and wanted to do something, instead of sitting idle. But after this incident and meeting these kind of people, i have become stronger and ready to the situation better.
Thanks
MeenaPrivate Reply to Meena | | Sep 24, 2008 8:56 am | | re: re: re: re: re: Be careful of this Ryzer! | # | 
Prashanth JC | | Meena,
No matter its paid in thousands or lakhs or whatever; don't you think every single 'rupee' counts?
If you would have taken some initiative to explain the actual situation in transparency to Ramji, the scenario would have been something else (may be, better!) today.
I personally feel its wise to think a lot before posting such issues on public forums, as most of the times I find it to be a mere 'communication gap'. Anyways, if you can sit and try to sort out things; even now there definitely might be some way out of here.
Prashanth C.
www.e-service.co.inPrivate Reply to Prashanth JC | | Sep 24, 2008 9:01 am | | re: re: re: re: re: Be careful of this Ryzer! | # |
Shobha(usha) gowri | |
"Just imagine, for Rs. 3500/- he wanted to give a police complaint on a helpless woman instead of understanding the situation.
Anyway, i was a housewife and wanted to do something, instead of sitting idle. But after this incident and meeting these kind of people, i have become stronger and ready to the situation better."
Meena,I hate to do what I am doing now-and while you have every right to put on paper your side of the story( you should have done that earlier),you cant get away with the above lines quoted from your mail.
For me it doesn't match:
1)Helpless woman should not come into business
2)You cant learn business at anothers expense and money(You have a right to burn yours)
3)Its true-3500 is a small some of money in todays world.I learnt something very early in life:it never is the money.It is when you become unreachable,when people feel they have been taken for a ride that they go after you
Since you have become stronger ,a good thing to do is to sit and negotiate and find the other guy and well....you know what to do to him
I write this because already woman have to fight a bigger battle in business and have to be more honest than men.And once there in the arena you cant even think you are helpless!!
Private Reply to Shobha(usha) gowri | | Sep 24, 2008 9:18 am | | re: re: re: re: re: re: Be careful of this Ryzer! | # | 
Rana Singh | | Well put Shobha,
i agree 100% on shobhas views.
In any business deal, the actions have be be above the board.
Trust, faith ,reputation & confidence are the most important outcome of every business deal, whichever way it goes (deal or noDeal).
Cheers
Rana SinghPrivate Reply to Rana Singh | | Sep 24, 2008 9:38 am | | re: re: re: re: re: re: re: Be careful of this Ryzer! | # | 
Manoj Sethu | | That's well put....
Helplessness, `iam a poor soul', i didn't know, oops sorry i made a mistake, iam a woman or a housewife, blah, blah, blah... wont help sustain in business for long.
It's a mad mad world out there, each one trying to save his penny as much as possible, most often blind to long terms effects when trying to save that penny, the story is the same for all of us.
So whether the `small' 3500 or 3 million, it's not the quantum. 3500 is no small amount even if u are earning in millions, because that amount can fetch you drinks & dine for a whole night! :) It can fetch you return rail tickets to many places in the country. So how in the almighty world is it a small amount?
Also, as Rana put it rightly - trust, confidence, transparency, also being 24/7 available to be contacted by customer especially when there's a problem.... are some things that's on the same side of the coin as business. not even on the reverse side.
Better to discuss and solve it than dust the dirt in public.
MSPrivate Reply to Manoj Sethu | | Sep 24, 2008 9:56 am | | re: re: re: re: re: re: re: re: Be careful of this Ryzer! | # | 
R Ramkumar | | Meena,
Shoba, Rana and Manoj all make valid points.
Put yourself in Ramji's shoes for a moment - if you were to lose Rs. 3500 in a similar deal, would you not want it back?
Besides, irrespective of the fact that the money was paid to a second broker, you are still party to the transaction - as I understand it, you introduced Ramji to the second broker. If the deal went through, you would have collected a commission (even if it was on a sharing agreement with the other broker) right? In business, one has to be party to the profits and losses and there is no place for excuses claiming helplessness.
Ramkumar Private Reply to R Ramkumar | | Sep 24, 2008 12:12 pm | | re: re: re: re: re: re: re: re: re: Be careful of this Ryzer! | # | 
Shivaji Jammalmadugu | | Hi Meena,
Looks good to read comments of Shobha. If Rs. 3500 is small for police complaint, as a business person, you might have paid back immediately. This response would have certainly made Ramji to put forward good word of mouth or recommendation / referral for you even if he would have not got the deal. Remember business is based on Trust and if that is lost then even thousand explanations does not help. He trusted you for being a RYZEr and his bitter experience might have left a larger scar on his soul than the money lost. Normally someone don't put forward such experiences on open forums due to our inherent nature of pardoning or sometimes CHALTA HAI attitude. He is hurt and he deserves the attention as a customer.
Cheers,
Shivaji. Private Reply to Shivaji Jammalmadugu | | Sep 24, 2008 1:24 pm | | re: Be careful of this Ryzer! | # | 
Ashis Dutta | | This practice of receiving / paying advance before getting copies of property documents for verification, is something I never understood - why?
Property is much like second-hand car, you need to find out if it is a legal vehicle and also moves, before spending any penny on it.
I faced a situation like this and refused to pay advance for a property document.
Later, I bought property from a reputed builder who had offered copies of all the related documents before I spend a paisa.
I think, if the buyer community refuses to play ball to such outrageous practices, it will recede.
One question: are there any banks which offer escrow account to park such advances?
Ashis
Private Reply to Ashis Dutta | | Sep 24, 2008 1:37 pm | | re: re: Be careful of this Ryzer! | # | 
Manoj Vijayan | | Very well said Shobha. Private Reply to Manoj Vijayan | | Sep 24, 2008 2:06 pm | | re: re: re: re: re: re: re: re: re: re: Be careful of this Ryzer! | # |
Kiran Bhat | | Hi Everybody,
Thanks a lot and a ton to bring such a topic out here. I would like to add a few lines to the whole episode and story.
1. Ramji meets Meena
2. They see many properties
3. Finally one is okayed
4. An advance of Rs.3500 is paid to the landlord as advance
5. A copy of the papers are taken
6. After a week Ramji learns that the property is not worth it
7. Ramji returns the papers and asks for his money back
8. Meena contacts the other broker to understand the methodologies to get back the money from the landlord
9. Meena continously receives calls from Ramji and immediately follows up with the other broker to understand the status. The calls were made sometimes even very early morning or late nights from unknown numbers too.
10. This calls between Meena & Ramji, Meena & Broker goes on for a little more than 10 - 15 days
11. One fine day Ramji threatens to give police complaint
12. After that call which was very indecently put by Mr.Ramji about police her husband suggests her to stop receiving calls from Ramji and teach him a lesson that he should not threaten people
13. Ramji makes many attempts to call Meena from various different numbers and fails to talk to Meena
14. Comes on to the forum and without proper evidences of truth just puts up a half baked story
Now
Client : Mr.Ramji - A professional CA
Brokers: Housewife Meena who was ex-Asst.Mgr - HR & Admin in an IT firm. Stopped working after marriage and starts doing small time freelance real estate alongwith her friends who are also housewives. The second and third brokers who knew the seller of the property
Who Am I? Husband of Meena who witnessed the whole episode and person who introduced meena to Ryze and told her its benefits.
Now, to the part of comments and appreciation.
Yes, I agree Rs.3,500 is a big amount and there have been times in my life when I have lived the whole day with just Rs.10 eating bananas as food. I have come up the hard way and today head a branch for a reputed consulting firm. Now, the point to ponder is
Firstly, Mr.Ramji gave the money to the landlord and yes off course Meena, second broker and third broker witnessed the payment. After Mr.Ramji understood the status of the papers of the property it was his duty to talk to the landlord about the issues and re-collect the money. But he didnt but wanted Meena's assistance. This is where the first mistake Meena did by agreeing to get the money back. The landlord has made her run for the money. She has travelled from HSR layout to Chandra Layout in Vijaynagar by auto many times to get a hold of the other brokers and the landlords to get the money. She had even set a deadline to give back the money to Mr.Ramji from her own savings but before that Mr.Ramji's threat of police made her a little serious to think why she should do anything for a human who is not considerate enough.
I definitely agree with everyone that this is not right to come on to such forum and talk such issues. But why I took a step further was to make people understand that there is a person who is making small efforts to keep herself engaged. Losses / profits. I know Meena personally she has lost a lot in this small effort of hers than make money or rather she hasnt yet made any money out of her pretty small venture effort as yet.
As a person who is a professional he should have had the limit wherein he shouldnt have crossed. And also, Meena had told that if she is not successfully in getting the money within certain timeframe she would pay the money out of her savings. After this someone tries to threaten a person the mindset of the person changes from helping hand to this shoddy way.
My only request, please understand that every human being is sensitive and should respect others sensitive issues. Every animal gets into offensive mode when there is a sense of attack.
I STILL SUPPORT MY WIFE IN HER VENTURE AND WAITING FOR A DAY WHEN SHE WILL COME OVER AND TELL ME THAT SHE HAS EARNED A SMALL PORTION OF MONEY WHICH SHE WOULD CONTRIBUTE TO THE FAMILY. HOW MUCH EVER COULD BE THE EXPENSE BUT THE SENSE OF SUCCESS WILL KEEP MANY HOPES ALIVE.
Thank you everyone for your time. Advices to me are welcome as a private message to me and would appreciate. Lets cut this thread off at this.
SMILE !!! :o)
Kiran Bhat
Private Reply to Kiran Bhat | | Sep 24, 2008 3:12 pm | | re: re: re: re: re: re: re: re: re: re: re: Be careful of this Ryzer! | # |
Manoj Sethu | | hmm.... things having become clearer, it definitely up to the 2 parties to settle the issue amicably and still be able to exchange cordial messages on Ryze after this episode.
Could we have that please?
Cheers!
MSPrivate Reply to Manoj Sethu | | Sep 24, 2008 3:55 pm | | re: Be careful of this Ryzer! | # |
Prashanth JC | | Kiran,
A 'pat on your back', for being such a wonderful person to Meena; rightly so - keep it up. And Meena, don't know if you ever had realized this, you have found an outstanding mate to make your journey through life a successful one. Cheerz!
Seldom we even try to make an attempt to think of being 'someone else'; more often its just 'oneself alone'. In my point of view, both Ramji and Meena seems to be right and at the same time wrong; for whatever they have done. If they ever happened to take just a moment to think in the counterpart's perspective, hopefully this deal would have been dealt better off.
For that matter, even my experience with some of our friends around was not all that 'expected good'; part and parcel of business and relations. Reasons and actions of both parties, whatsoever, seems valid when evaluated from different dimensions. Self-help is every humans' top priority, no matter we call it a basic instinct or weakness; we simply got to accept the reality. It would be wise to think twice in all possible ways well ahead of stepping any forward, every time.
Prashanth C.
www.e-service.co.inPrivate Reply to Prashanth JC | | Sep 24, 2008 4:18 pm | | Alls well that ends well | # | 
Roy Andersen | | may I quote a great person ...
All is well that ends well ...
so let bygone be gone and let us start afresh and keep hope in our heart for a better future ...
So Meena learnt her lesson ... Ramji learnt his lesson and we all learnt a lesson ...
and People are Human being with sense and sensitivity lets remember that when we do business ...
I am honestly curious about the person who made a profit of Rs 3500 .....
What is his side of the story and what happened to him
:)
Private Reply to Roy Andersen | | Sep 24, 2008 5:15 pm | | re: Alls well that ends well | # | 
Ari Bloch | |
He is happy with his 3,500 and has moved on to the next sucker....
Private Reply to Ari Bloch | | Sep 25, 2008 6:35 am | | re: re: Alls well that ends well | # | 
Indu and Niranjan rao | | Hmm i guess this thread shud've been closed for replies a while back. Since it's not yet, just wanna say this:
Meena dont be bogged down by these initial hiccups. We appreciate your efforts. Here's wishing you all the best.
NiranjanPrivate Reply to Indu and Niranjan rao | | |
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