I was always of the opinion that we in the real estate sales industry should strive always to work in the very best interest of our customers or clients.
If a seller has a property for sale wouldn't you think that the seller would want the widest possible exposure and effort possible? Including the overall brokerage sales community?
Many time brokers and agents, have well qualified and motivated buyers ready, willing and able. to buy. Excluding the brokerage community seems to be counter productive.
Why make it difficult. Not wanting to co broker, or "to share the commission," seems like an
unnecessary obstacle. Or has greed taken over?
But then again, it's a free country. I find this odd especially when the entire industry is now in such a mess.
I think the industry took a wrong turn when it allowed the great "mortgage meltdown" to occur. And the real estate industry is not alone.
Just where were the state and federal Comsumer Protection Agency or agencies?
Where we all those Attorney General's?
We were all aware that home prices could not rise and rise forever.
And now, looking back, it appears that the entire society was silent and mute on the subject.
Profit and cash flow trumped common sense.
"Flippers" suddenly became the new real estate titans. Anyone could, and even should, make money "flipping" deals!
While I'm on this subject, what is the ethics of "flipping," by-the-way? Does the "flipper " inform the buyer, that the "flipper" is making a great profit from doing little to nothing?
Or is it "buyer beware?
OK. Let the great American tradition continue and " Let's just blame the victims!"
But that won't work. The industry has to find the guts and leadership to correct the wrong.
Bill McInerney
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