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Real estate professionals are at large mistrusted by the public. I had a horrible experience with 2 realtors. Not because at the core, they weren't good people, but becasue the industry is so irregular, especially since 2005. They have a responsibility to their industry to drive prices up..its a part of farming(as in cultivating the neighborhood and controlling price). I distrusted mine so much that I took the real estate course and subsequently got my license. Firsty, I was surprised at the minimal qualification, and the course while rigourous is not impossible...nothing like getting a BS or AA. Being on time, professional and working on a mandated ethical standard is something that comes with time and experiecne..and sometimes never. Training is like an apprenticeship kind of deal...it cost you up front . Pay is commision based and their are fees for everything. One must work for a Broker or Developer. The profession is State regulated and realtors can loose their licenses for being irresponsible and fraudulent. There is a lot of fraud and manipulation. I would never advise a buyer to use a bank referred agent. They can work against you. In my case, I am convinced the realtor wanted a Fannie Mae bonus so she let the appraisal on my offer go to crap. The bank refused to re-evaluate--and trust me this appraisal was a no brainer..and i was in pain trying to figure out how the idiot appraiser came in 10,000 under value. Knowing I was emotionally attached to the home. she lied. she was always late..sometimes obscenely. I would not be surprised if she didnt pay any attention to the appraisal process..just to make it fail. It was weird, but the stench of manipulation was thick. The other realtor just tried to steer me into her listings so she could get full commision. At the end of the day..a buyer or seller must know what their bottom line is..and if any real estate professional or financial person tries to make them do what they are not prepared or comfortable with..kick them to the curb. Follow your instincts..if the person seems like a down right slacker..lazy tardy..they will not serve you well.
The market is up and very hot in some areas..so this report is on point. There are many factors that affect the market, but buying at least in my area is in full swing. danger lies..as most are investors, but we will just have to see whta happens. All the players are playing--so lets hope they don't f it up again
I am a REALTOR. I go to school. I go to my classes for training to keep my license current. To compare a REALTOR to a car salesman is NOT fair.
Most of the REALTORS I know like to be able to close their eyes at night and fall asleep. If we push someone to buy a home that wrong will last us forever and your name becomes mud real quick. That type of person will not last long in this business.
We work hard for the commission we earn. I for instance work on the average of 60 hours every week. People want to see homes when they are off work ... that means nights and all weekend. Holiday's are not a time off for us .... people want to see homes when it is convenient for them.
There is added pressure when your livelihood depends on whether a sale will HOLD or FALL. Don't give us a bad rap that we do not deserve.
who's is worst the Realtors or the used cars salesmen?
they both lie and pressure YOU to sell some WORTHLESS
Cars or houses...
Owning hous/s is an outdated idea..
you do the #s stress,tax,repairs etc... etc. PLUS
7% agents fee TWICE when you buy AND when sell the damn place..
3 grps should be sued for this down markets' in class actions suits.
1. Real Agents
3.the National Realtors Association
they hyped prices,over sold,and gave us the public
bags of of lies..SHAME ON THOSE 3 Morons,CROOKS.
Wow. Take it easy on Real Estate agents. You can rep yourself in court to, but only an idiot doesn't get a lawyer. You can do your own taxes too but most use an accountant or CPA. As long as nothing goes wrong you are dead on, no one needs them. Let something go wrong and see what happens. On avg For Sale by Owners get less than 10% for their house vs. using an agent. So, spending 6% to make 10% more doesn't sound so bad. So go use Turbo Tax, Rep yourself in court and sell your house by yourself.