FLASH: The NAR admits the truth - there are too many damn realtors, they're doing a "sloppy" and "second rate job" and they're dropping like flies

Next they'll admit that the organization is run by monkeys, that David Lereah and Lawrence Yun were paid liars who conned America, and that their profession is a discredited joke.

OK, maybe not. But this one's a start...

Botton line - the NAR IS run by monkeys, "realtor" IS the least trusted profession in America, and you'd have to be a fool to use a realtor or pay them 6%.

Thanks david for the tip

Way Too Many REALTORS®? - By NAR Chief Economist Lawrence Yun

NAR membership figures have finally begun to fall.

Whew!!!

The number of REALTORS® grew from 750,000 at the turn of this decade to close to 1,370,000 as recently as August 2007. That is an addition of 83 percent in short seven years. From 1980 to 2000, membership figures bounced around in the narrow band of 620,000 to 820,000.

Such a rapid increase in membership is not necessarily healthy. How many of the new members have ever seen a down market aside from the last two years? How many understand the importance of repeat and referral business and not just a single transaction?

Given that about ½ million REALTORS® have less than 5 years of experience, sloppiness in some transactions no doubt exists. A complaint I hear quite frequently from REALTORS® is about the second-rate conduct of some of their fellow new members.

The stench over at Greg Swann's Bloodhoundblog grows, his fellow realtors turn on him, and his writers are leaving in droves

Every dog has his day

I never understood why any six-percenter would want to be associated with Swann. It can't be good for what's left of their business or reputations.

It's tough to keep up with the downfall of Swanndive and all the associated realtor-on-realtor violence, but I guess this is what happens when homes don't sell. Here's the latest below, and also check out the drama-filled comments here. Thanks HP'ers for the links.

Prominent Bloggers Leave Bloodhound Blog

Jay Thompson, Kris Berg, Jim Duncan. If you read real estate blogs, you know these highly respected and talented writers. All were contributors to Greg Swann’s Bloodhound Blog. No longer.

Jay Thompson (Phoenix Real Estate Guy), was the first to announce his withdrawal in a comment to this post. Later, it was learned Kris Berg (San Diego Home Blog) and Jim Duncan (Real Central VA) also left.

Greg Swann had no comment on why the bloggers decided not to write for his blog any longer.

One can only speculate the reason(s) for the mass exodus. I use the word “mass” not based on numbers or posts but on the impact to Mr. Swann’s blog with the departure of such prestigious and popular bloggers.

Looks like his fellow realtors have finally figured out that Greg Swann is an ass

And HP'ers ask:

What took them so long?

Read the posts and the hilarious comments. I'm not sure what's caused this realtor on realtor violence, but it's fun to watch... Thanks HP'ers for the links... and remember, don't go to his blog, he only wants traffic.

Why Greg Swann Should Ban Himself from Bloodhound Blog

BHB: Unsubscribed

HP dedicates this song to the 1.3 million ramen eating realtors of America.

Don't worry six-percenters. It'll get better soon. 2012 is looking good.

Your personal recovery starts the day you stop paying your dues to the NAR. And it continues when you go to monster.com and start searching for a real job.

Life's to short to screw people for a living. Life's too short to be a realtor. And life's definitely too short to eat ramen every night.

Bon Appetite!

Pick the new HP name for the National Association of REALTORS (NAR)

1) National Association of Used House Salesmen (NAUHS)

2) National Association of Homedebtor Entrapment Officers (NAHEO)

3) National Association of Liars, Conmen and Thieves (NALCT)

4) National Association of Failures and Life's Losers (NAFLL)

5) National Association of Six Percenters (NASP)

6) National Association of Ramen Eaters (NARE)

7) ?????

HousingPANIC Stupid Question of the Day

Anyone stopping by new home developments and open houses just for fun?

You know, do the P/E math with the listing agent, chit-chat about the housing crash, ask about the massive incentives and fire-sale pricing, and talk about maybe making an offer for 50% off?