A/C is very much a Buyer Beware Market.
I have owned property on A/C for a while now (but am not livening here full time). I am periodically approached (back home) by people who have purchases on A/C, and want to compare experiences.
The vast majority do not have happy tales to tell.
They feel that they have been swindled (at worst), Misled (at best).
It's easy to see (by the turn-over rate) that the majority of buyers are not overjoyed with their real estate purchase.
There is little (or NO) incentive for Realtors to adopt a more forthcoming approach, since they make money on the initial Purchase, and when the buyer is dissatisfied, they make money from the Re-Sale of the property.
(If there was "real" land or property to begin with - rather than just a blue print and a promise)
Although this may be good for Realtor profits, It's terrible for the remaining businesses.
The bad taste does not fade quickly.
The reputable Realtors know this.
Regulation is a good first step.
but is only as good as the enforcement.
I also think this board helps people.
I have noticed more open & honest discussions.
When I first started lurking (years ago) - people seemed more censored.
- I thought everyone on A/C Farted Rainbows!
Honest business dealings and realistic expectations makes for Happy and RETURNING visitors to A/C.
.... and they tell two friends.... and so on .... and so on....