Plus there are probably many fine, honest, moral REALTORS(R) out there, who simply got sucked into being real estate clerks, whose reputations are being tarnished by the lying and corruption of their peers. 
After all, they're just doing their job, good soldiers goose stepping to the orders of the evil and corrupt NAR, right?
Your call...
35 comments:
Maybe stop being hard on them in 2009?
Keep up the pressure, just quit calling them clerks. You are giving the real clerks (Clerical Administrative Employees)out there a bad name..
Pay no attentionn to the small man behind the curtain.
SIEG HEIL!!!!! SIEG HEIL!!!!!
SIEG HEIL!!!!!
1% are enlightened (Osman) 99% deserve our scorn. Stay on their ass
Keif up the pressure! (sorry for the pun). We don't need realty clerks. We only need a title company and an attorney to look over docs. If buyers have access to all listings including For Sale By Owner listings we can find a property, hire an inspector, hire repair guys and save alot on a commission that is being paid for very little work. I believe an attorney can look over docs at much lower than 6%.
No more realty clerks please!!!
bens been hacked again
I don't know Keith.
It sure is fun kicking real estate agents when they're down.
And some aren't even down yet.
So kick away.
No you should not ... its not like anyone listens to you anyway :-)))))) ...
OK OK I am not a real-hore, and I am a hardcore bubble head, but I couldn't resist cos I am a sarcastic a$$hole.
Cool.
Cow_tipping.
Too hard on them? Too hard? Are you nuts? You've got troops out there in the field fighting and you're sitting back wondering if you're being to hard on the enemy? General Patton once slapped a man for being a coward soldier. Now get back out there and fight, because the country is counting on you!
Realtors are so good @ serviceing their clients.I hear that a great bj is part of a good realtors escrow checklist.Happy ending for all clients who don't B@tch that much.If your real special throw in a party with sexy brokers who have blow up dolls as part of their package.
Give em hell... they led people into a scam.. if they did not know what they were doing.. they should have stuck to flipping burgers
Easy money attracts the worse kind of crowd. The last 5 years its been very easy to make alot of easy money off of skyrocketing home sales. They stood there silently letting people waive contingencies, overpaying, taking out toxic loans and in the back room they colluded with each other breaching their supposed fiduciary duty to their clients just to make a buck.
Now the shoe is on the other foot. Buyers & sellers are sobering up to the fact that most agents know nothing and bring nothing of value to the transaction. They were nothing more that gate keepers and trolls hanging out under bridges jumping out to collect a tax for thing more than letting a transaction that was going to happen anyway, happen but at a higher cost.
Most of the newbies are done for as they screw desparate sellers out of deals in the false hope of not losing money, but instead causing them to lose even more money.
Buyers will realize that they do not need agents to see and make offers on homes. In fact they will get a discount for not bringing costly baggage to the settlement table.
Adding insult to injury, agents now do not want to represent sellers, just buyers. Its too hard to be a selling agent, the payoff does not come quick enough. You have to lay out alot more money and work sellers 10 times as hard to get then to drop the price quickly and significantly to get the commission (which because its a percentage does not go down much even if the seller has to take a bath, but who gives a damn about them). The lies don't work on the buyers like they did before because bueyrs do not have to be in a hurry anymore. They have time to think and ponder and find the weakness in the sales pitch and determine that is just a big fat lie that will bankrupt them. If my the off chance the places sells, no biggie there are 10 more just like it!! Plus new homes are aplenty and cheaper that used homes with tons of perks so individual sellers can be as hard headed as they want, you're better off.
Why be hard on realtwhores? The question should be give me a reason not to be hard on them? They've been ruining people's lives for years and sleeping very well at night. Its high time some of them fall into financial dire straits and deal with the same stress that they've allowed to befall upon their clients.
NO.
They are down because they put themselves there, not because of us.
They are low lifes, mostly, maybe not every single one, but mostly.
Leave the good ones alone. Don't indict an entire profession because of few bad apples.
Why should you trust a real estate agent?
How to protect yourself from bad real estate agents.
when I showed your posting on realtors to my friend at work, he couldn't stop lauging because "we all pad our wallets and look the other way."
people have to look out for themselves.... the question of who enables who is a murky one-- the cash back on sale tatic is aimed at the inbred greed on BOTH sides: the seller AND the buyer... that's what makes it addictive, and thus deadly, to everyone.
at the end of the day, it's all just "numbers on a piece of paper," as my grandmother says.
ideally, you should attack with smart bombs so innocents aren't hurt... I liked the last realtor I worked with. He sized me up and didn't BS me. I'm sure he's sized others down and picked their pockets on the way out the door!
should I lighten up on the little guys? Be nicer, and stop kicking them when they're down?
No.
Don't cry for me Argentina!!!!
Mr. FSBO, since you are not using a Realtor to sell your $300,000 home, I think you should sell it to me for $282,000. But since I was only going to offer you $280,000, that would then be $262,000. That's not a problem for you is it?
Yeah right. Let's see the public sort thru 13,435 listings on Craigs List to find a home.
There are some decent folks in the REALTOR(R) profession, but as a class, and as a profession, I'll stay on 'em.
I think the bubble blogs are helping change the collective consciousness when it comes to the value and need (or lack thereof) of the realtor profession.
Mortgage brokers are even yuckier though, so I'll be working them over too.
Anonymous said...
Mr. FSBO, since you are not using a Realtor to sell your $300,000 home, I think you should sell it to me for $282,000. But since I was only going to offer you $280,000, that would then be $262,000. That's not a problem for you is it?
Yeah right. Let's see the public sort thru 13,435 listings on Craigs List to find a home.
---------------
Yes, I certainly will. Because the converse is to be manipulate by a realtwhore who will defraud & manipulate me into the home that they want to sell because they will make more money and not the one that I would ultimately buy if I had full information unbiased information. Buying agents are known to plan & take buyers on tours that shape the buyer's thinking so that the last home they are shown is the one that gets the realtwhore the biggest payout. All the other places are dogs or FSBOs/low commissions that the buyer agent will show first and point out every single flaw & problem. But the last home that gives the buying realtwhore the biggest commissions will be pumped up as flawless & grand!!
So I'd rather wade through all the craigslist listings, multiple FSBO sites and get a real estate for dummies book (the same book my agent just read the week prior to taking the realtor exam) so I get the best home for me and not for my agent and am confident that I was not played or manipulated.
As for selling agents, thats tougher because of the anti-competive trade practices realtwhores use to keep their monopoly going. But do not worry b/t the DOJ lawsuit and the pressing need for financial survival on the part of al the bubblicious FBs that now need to sell and realize how they got screwed by their agents they will be sufficiently motivated to overcome the monopoly power of reatlwhores and make FSBO work. Together we can put these SOBs where they belong, in the back of every fast food stand flipping burgers for 5 bucks an hour. Ironically in a job that is more highly regulated than being a reatlwhore because we value physical health more important to protect than financial health.
keith,
would agree there are some bad real estate people, but come on, not everyone is- its like any other office in america, you got scuzzballs sitting in the office or cubicle next to you whether youre in real estate, IT, warehouse, finance, factory you name it- so i think you have to keep it in mind
what amazes me is that everyone is looking to blame OTHERS for their mistake, no one is holding a gun to your head when you pick a real estate agent, or mortgage person, the choice is YOURS, the buyer and seller
and to say that its my realtors fault i bought this house is just being a WHINER, you dont credit the real estate agent when it goes up, only when it goes down- in other words you were most probably being GREEDY and looking to score if you bought in such a volatile area like FL or AZ - or you are to blame, not simply the realtor if you dont do your OWN research
and your simply an idiot and TOTALLY responsible if YOU sign the papers for such an important financial decision such as a mortgage and dont know what you are buying (again I think many option arm buyers were simply SPECULATING in hot markets, and now that they lost they want to blame the mortgage guy- if the market had gone up further , then they would say it was their own smart speculation, cant have it both ways
people need to grow up and take personal responsibility and look in the mirroer when they =make bad decisions, not simply blame others, this is true in real estate or other areas in life too...
"Yeah right. Let's see the public sort thru 13,435 listings on Craigs List to find a home"
actually with any halfway decent software it would be quite easy for a buyer to search through a ton of listings based on his or her criteria (price, location, size etc.) and in the process select those properties they wish to check out, probably could be done in a matter of minutes
nice scare tactic on your part though
here's a word you might want to learn, and that word is: DISINTERMEDIATION
deal with it
Don't think your being too hard on them. At the very least, they need to raise the bar of entry to weed out some of the bad seeds. Residential realtors need to go the way of travel agents. There is still a place for them in commercial properties, property management and possibly rentals. Most people can sell their houses on their own and there would likely be a niche for unique/upscale properties or people that just don't want to bother with the leg work/getting the comps etc.
I'm sure the 85,000 licensed REALTORS(r) in Phx are hanging on your decision to be nice... or not..
As a whole, we need a kick, or two or 10...
But not all of us are created equally. Nothing is black and white and we need the honest and good ones along with consumers and others to to help lead the way to change the industry around.
FSBO may look a lot more appealing now that the internet is so easy to use...
Seriously, what you describe is exactly how most people find rentals and cars--so why *should* houses be any different? Especially with real estate firms taking kickbacks on title insurance, etc.
Blaming the real agents is not the key, many of them are just opportunist tring to make a living, the problem is the system that created the easy money and lax lending standards. If you must blame, kick, or defame someone i would start with Greenspan, Bush, and 10% that control this country.
Or better yet the consolidated media that does not tell the true story of the problems facing American middle class of America.
KEIF,
I think you have truly gone off the deep end dude.
think the bubble blogs are helping change the collective consciousness
Yeah right. If even 1% of the American population reads blogs I'd be surprised. Of that 1%, 90% read blogs that preach to the choir. Blogs aren't changing shit.
http://www.ilrg.com/forms/index.html
It is easy to use these free forms. You do NOT need an agent to represent you! Save some MONEY.
Yeah, sure, lighten up on them...and next time you're flying to Europe, stop over at Bitburg and lay a wreath on those those soldiers who were just "following orders"
Staying alive, stayin alive .....da da da da stayin alive.... whose needs moral responsibilty these days
You know who really pisses me off. The Quakers. Pretending to be all modest and humble just so they maintain their monopoly on oats. Despite what they say, they are not really your Friends.
Keith,
You should lighten up. There are honest real estate clerks in the world and I know both of them so give 'em a break.
As a mortgage professional I can tell you very few people actually get screwed by Realtors and Loan Officers. Borrowers are constantly shopping my rate- and I welcome that. I offer a great rate at reasonable costs. I advise my clients against "toxic" loans. But just as people insist on buying and smoking cigarettes that are toxic to them, many people insist on using a questionable loan product.
As for Realtors, it is my experience that a huge percentage of the population wants someone to hold their hand every step of the way. I don't think the Realtor profession will ever go away. Most Realtors are worthless, but a select few really work their butts off and truely are concerned about the welfare of their clients.
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