My friend Lydia Player over at North Dallas Homes Blog sent me a link yesterday to a blog post on Real Estate Radio USA saying the National Association of Realtors (NAR) is virtually expecting 2008 not to bring any relief to the real estate woes of California, Florida, Vegas and all of the other hard hit cities across the country. (But not Dallas!) The blog authors are also real estate investors with a take no prisoners attitude that want to get the best deals possible. You get the idea from this excerpt.
This blog post caught the attention of NAR's attorneys but it doesn't look like these guys are backing down. I get it. They want to make sellers hurt when they buy their properties 30% below market value. But what is their issue with Realtors?
If your client does not NEED to sell, take the house off the market. It will NEVER sell because the Seller does not and will not understand that his property value is about to s#&t the bed. If he is just seeing what he can get he is wasting the agent’s time and the prospective buyer’s time. Cancel the listing and tell him to batten down the hatches. He should be safe, we’re looking for roadkill!
Using professional and real estate in the same sentence, as I just did, is an oxymoron. A true professional would be able to provide sincere credible advice on their product and most real estate agents simply can not.They sound like scorned and bitter ex-husbands. Now I won't argue that some of it isn't warranted. There are many real estate agents that do not conduct their business professionally but I don't want to go there right now. (Another blog post maybe?) But there are quite a few Realtors in my market area that should take issue with the statement above. Feel free to leave comments on their website...and on mine.