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Real Estate Professionals - Stand up and Look into the Mirror
 
I certainly do not mean to offend my fellow Real Estate Professionals, but sometimes I can't help but wonder.   Recently at a continuing education class, I met a colleague who is new to the business and is now trying to acquire some investment property with her husband.  After a brief conversation we had with other licensees in the class, she pulled me aside to ask some questions.  She told me about some concerns she had regarding her current transaction.
It turns out that she had being trying to purchase property with the help of her broker.   She sent out several viable offers that would surely be considered acceptable by a short sale lender.  However, not one of her offers was accepted by the listing agent.  Someone in her circle suggested that she use the listing agent to represent her to submit an offer.  This would force her to pass on the commission she would earn by allowing the listing agent to double theirs.
She agreed and decided to submit a low offer through the representation of the listing agent to see what would happen.   Sure enough her first offer was accepted and submitted to the lender for approval.  The first ... more

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