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re: The home selling realtor setup is unfair to sellers and buyers
Posted on 4/17/23 at 8:43 am to Gee Grenouille
Posted on 4/17/23 at 8:43 am to Gee Grenouille
quote:
This realtor charade really is a racket where you’re at the mercy of intermediaries who spend more time protecting their roles than looking out for their customers.
It is a totally unfair game for buyers and sellers. These realtors are all work friends and play "get along, go along" . They are more concerned with not making their fellow realtors upset than fighting for their clients. They deal with these people on a daily basis sometimes. A random client (John) stands no chance in the loyalty test.
They will ALWAYS gravitate to making their friends in the business happy first.
NEVER EVER tell your realtor your limits or true intentions. They are tools to be used and not our trusted fiduciaries.
Posted on 4/17/23 at 10:31 am to ShermanTxTiger
quote:
It is a totally unfair game for buyers and sellers. These realtors are all work friends and play "get along, go along" . They are more concerned with not making their fellow realtors upset than fighting for their clients. They deal with these people on a daily basis sometimes. A random client (John) stands no chance in the loyalty test.
They will ALWAYS gravitate to making their friends in the business happy first.
NEVER EVER tell your realtor your limits or true intentions. They are tools to be used and not our trusted fiduciaries.
If a broker and their agents are representing a builder in tract housing everyone involved has an interest in moving those houses first...the builder, the broker, the lender...all have a vested interest in moving those houses first. If you list a home with that broker you will never have the leverage a builder has to move those crappy houses that are closed in 90 days after the first shovel of dirt is turned over...you are already on the hook for the industry, no one in the industry is going to be as active selling your existing home with a mortgage than they are a new home, with a construction loan waiting to be converted, in a tract where they spend an inordinate amount of money marketing....
Posted on 4/19/23 at 9:24 am to ShermanTxTiger
quote:
These realtors are all work friends and play "get along, go along" . They are more concerned with not making their fellow realtors upset than fighting for their clients. They deal with these people on a daily basis sometimes. A random client (John) stands no chance in the loyalty test.
They will ALWAYS gravitate to making their friends in the business happy first
No one in any industry will try to purposely make anyone mad that the might have to business with in the future. Duh. But to say they go out of their way to make them happy is stupid. You have no idea what you are talking about.
Random John, if treated correctly, could very likely lead to more business for the realtor than a fellow "friend" realtor. Do you really think friend realtors are giving other realtors clients? How the hell does that happen and what benefit does that give to realtor 1? None. Word of mouth by clients and client referrals are the biggest pool for realtors to earn from, unless they are paying to get leads from Zillow and others
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