real estate ethics: HOME VALUES PLUMMET, WHO'S TO BLAME? - 07/18/08 12:23 AM
Written by:
David B. Manley, President, Gold Coast Inspections, Coral Springs, Florida
Home Values Plummet, Who’s To Blame?
If you turn on the news, there is a blitz of blistering comments condemning the lending industry for the current housing crisis. There’s … (1 comments)
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real estate ethics: To Start an Argument – Just Talk About Higher Standards - 07/15/08 02:00 PM
Have you ever noticed that all you have to do to get less than ethical folks to show their ugly side is to talk about ethics or professional standards?
Over the last few months when one of us writes about ethics and professional standards we get a few off the wall … (10 comments)
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real estate ethics: Do You Speak Your Mind or Bite Your Lip? - 07/03/08 06:30 PM
What do you say when an agent asks what do you think of their listing and you have something not so nice to say?
What if they are severely overpriced? Do you tell them that? A licensed agent should know the market value of the home. Isn't that one of the … (49 comments)
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real estate ethics: Are You Offended by The Golden Rule? - 07/01/08 10:54 PM
I wrote a blog post this week: Real Estate Ethics in Nutshell
I spoke about not only following the COE, but operating to a higher standard; the Golden Rule.
To my surprise it drew the anger of a real estate agent from another state, who felt I was practicing religion. Huh?
… (38 comments)
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real estate ethics: How Does Ethics Play a Role in Your Professional Life? - 06/20/08 02:56 PM
The role of ethics can significantly impact our attitudes. It collectively guides us into the realm of professionalism measuring our accountability into the business world.
Ethics is measured expediently and universally. Precipitation accounts to the immeasurable attribution for our ethical errors. Our conscience let's us know. We are not perfect but we … (1 comments)
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real estate ethics: The MLS May Need More Categories - 06/17/08 04:53 PM
While showing properties this weekend it hit me. The reason so many properties seem to be improperly identified is there are not enough categories in the MLS system.
For example let's look at the condition of homes. We definitely need some more categories here.
Instead of just excellent, we need a … (22 comments)
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real estate ethics: My Father's Lesson in Ethics - 06/13/08 08:55 PM
As a young girl my father taught me mini-lessons in business: how to properly shake hands, the importance of looking someone in the eye when speaking, you don't get paid your allowance if you don't do your chores and the really BIG topic "Your word is your bond and demonstrates your … (8 comments)
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real estate ethics: You Could Make a Reality Show from Some Real Estate Transactions - 06/05/08 11:29 AM
Actually a reality show may not be the best choice maybe, something like a Jerry Springer ShowTM would be a better fit for a few.
JERRY - JERRY - JERRY - JERRY - JERRY - JERRY - JERRY - JERRY - JERRY - JERRY - JERRY - JERRY
Let … (73 comments)
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real estate ethics: Not Your Usual Kiss-Ass AR Post - 05/24/08 10:15 PM
We tried to get "crap" into the title, but it just wouldn't work. But kiss-ass was impossible not to use.
This is about being polite. About how we treat each other. And how AR has helped us with it... kinda sometimes, less on others, and a lot across the board.
We've … (11 comments)
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real estate ethics: Real Estate is About Providing Solutions. Are You Doing Your Job? - 05/04/08 02:25 PM
A successful real estate carreer is more about life and serving the needs of others than it is about deals. All too often in real estate the needs of the Realtors are placed before their clients. Instead of referring to our homeowners or first time homebuyers, it is very common in real estate … (22 comments)
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real estate ethics: Pre-inspection Ethics Question - 04/14/08 01:35 PM
I know how all real estate agents love to debate these sorts of things, so here is one for you to chew on. It never occurred to me that this was an issue, but apparently it is, and with some interesting views on both sides. If you are doing a pre-inspection … (10 comments)
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real estate ethics: Agent solicited to take my listing, What would you do? - 04/13/08 10:03 AM
Agent solicited to take my listing, what would you do?
Its kind of a dog eat dog world out there in a slow market. So here is what happened. I had this agent that wanted to come work on my team with my leads. She came on my team. I gave her leads. … (88 comments)
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real estate ethics: 7 Deadly Sins of Commerce and Business - 03/29/08 08:47 PM
When we think of our business and how real estate agents are viewed, there is obviously some reason for the reputation our industry has earned. Sub-prime, over priced homes, falling home values, upside down sellers, bad advice makes you really stop and think about ethics, morals and real empathy in our … (20 comments)
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real estate ethics: Home Warranty Secrets! What the Home Warranty Industry Doesn't Want You To Know ! - 03/26/08 10:59 PM
Greensboro, Winston-Salem, High-Point homeowners have an alternative to bad service and denied claims. Find Out How to Avoid Being Ripped Off !
A TARNISHED REPUTATION
A lot of Realtors offer home warranties to their clients, But many may not know that the credibilty of the home warranty industry is tarnished in the eye of the public. And for GOOD REASON. The … (0 comments)
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real estate ethics: Lying About Your Listing - 02/26/08 08:14 AM
i just showed a 2 bedroom home which the listing agent said was a 3 bedroom home. The "3rd bedroom" actually a loft, with no walls, closet or potential for 3rd bedroom use. This was a waste of my time and my buyer's time. This agent has a reputation for "doing … (13 comments)
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real estate ethics: Ethics: Mold Disclosure - 02/13/08 11:06 PM
I have been investing in real estate for a couple of years and recently got my real estate license. I ran into the following situation a couple of months ago and am anxious to get your opinions.
Background
While a REO property was for sale, the sump pump failed. Before it was fixed, … (2 comments)
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real estate ethics: Ethics and Blog Comments: When Comments Get Out Of Hand - 01/17/08 01:29 AM
Setting a tone to our blogs can sometimes be misconstrued.
I was going through some blogs today about a specific topic. I didn't leave any comments as that can be time consuming and knowing me I will leave a comment to almost every post that I read and before I know … (6 comments)
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real estate ethics: Moldy Ethics - 01/15/08 03:44 PM
By: Chris Brubaker
Photo Courtesy of shay coh
Aspergillus, Basidiospores, Chaetomiu, Curvularia, Stachybotrys and Torula. Six words you do not want to hear a home inspector rattle off as he’s going down a list of issues found with your newly purchased home.
This happened to two families in Greenville, South Carolina. … (6 comments)
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real estate ethics: 10 Tips for Inexperienced Real Estate Agents and Loan Officers - 01/15/08 12:54 PM
One of the things I run into way too often is real estate agents and loans officers that are not only new to the industry, but have no sales or social skills.
There are 10 of the basics:
When a potential client tells you they are working with an agent. Leave them alone!A … (16 comments)
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real estate ethics: If it's not in writing... - 11/28/07 06:08 PM
2007 has brought everything out into a new light. Developers are selling unsold developments to other developers at cost or just above. Of course, they still aren't selling the units in some cases. Sellers selling condos to more than one person at a time without recording deeds of sale. Parents that … (2 comments)
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real estate ethics: Can't We All Just Get Along? - 10/03/07 11:29 PM
Another day in the glorious world of real estate. Now I am sure that I am not the only person that is feeling the RE crunch, but can't we all just get along.
Today was not an average day. Five inspections covering over 125 miles in a good market is a chore, but when … (4 comments)
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real estate ethics: How do some people succeed? - 09/07/07 05:58 PM
I am representing a buyer and I must say the REALTOR representing the seller has got to be the slimiest person I have ever encountered! She is horrible! In the directions to the home she wrote 4% co-broke but is actually only offering 3%. Then she had the nerve to tell … (14 comments)
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real estate ethics: Where are all the professionals? - 09/03/07 02:58 PM
I actually wrote this as a comment today, so forgive me. But, I thought I should state this on a larger venue. It is so important to remember that; we are truly professionals and should treat our clients as we would want to be treated. How soon some of us forget? … (25 comments)
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real estate ethics: Why Are Some Agents Plain Rude? - 09/01/07 10:03 PM
Let me start by saying I am speaking about a minority in the professional, but they do seem to come in clusters.
Rude Agent #1:
I get a call from an agent who says her client came to my open house two weeks ago and liked the home. The client has been … (51 comments)
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real estate ethics: Bad Contracts, Sloppy Agents - 08/20/07 08:37 PM
When we look at what is happening the last few weeks in our industry, what is the number one concern? If you were going to make an offer on a home to purchase it, what would be the one thing you would focus on?
The financingIn the last three weeks I have … (41 comments)
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real estate ethics: What was the real estate agent thinking when they wrote this contract? - 07/19/07 07:19 AM
Ever read a contract that was so bad that every hair on you head stood on edge? With loads of new unsupervised agents in all our marketplaces it really pays to try to read contracts a second or third time to make sure you are presenting a real contract to your … (131 comments)
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real estate ethics: Look up the word Fiduciary and you will NOT find Dual Agency! - 07/14/07 01:56 PM
It happened again, and still, I simply can't do it! I was showing some really wonderful buyers property several weeks ago and we happened to run in to a builder. He invited us to look at his newest home currently under construction across the street. My buyers fell in love. Awesome. It … (21 comments)
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real estate ethics: Twinkies are Really a White Meat!" Some Believe What they Want to Believe! - 06/28/07 09:49 PM
"Twinkies are really a white meat!" Some people believe what hey want to believe. Because I am buying a home I am entitled to this...this is what I want! The seller should have known I wanted a warranty and I am not closing until I get one. There are always buyers, … (22 comments)
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real estate ethics: DON'T CALL MY CLIENTS! - 05/20/07 05:12 PM
I was holding an open house today for one of my clients. The clients returned a little earlier and began to have some friendly discussion. The wife was telling me about how many letters and post cards she had received from REALTORS soliciting her business (normal).
She then proceeded to tell me … (49 comments)
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real estate ethics: Why are You Making Trouble? - 05/01/07 04:10 AM
First of all there ought to be a law against this! Have you ever had a deal where the other agent never does anything? They do not return the calls, never get you the signed copies of the contracts, the attorney is constantly calling you to get some needed information from … (59 comments)
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real estate ethics: My Agent is Busy Can You Show Me Some Homes? - 04/22/07 11:35 AM
The phrase "My Agent is Busy Can You Show Me Some Homes?" is becoming more and more common since we started using IDX. Instant access to view a sampling of homes for sale on-line has brought out the home buyers, and the tire kickers in droves. Many of the callers even … (146 comments)
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real estate ethics: When You are Unavailable, Do You have Someone Cover for You? - 02/24/07 03:11 AM
In the last year or so we have been receiving a lot of calls from our website from web viewers that tell us their agents are inaccessible, working or on vacation and want us to show a listing that we have already identified as not being one of our listings. We … (29 comments)
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real estate ethics: Part-timers killing the real estate profession! No Accountability! - 02/05/07 08:14 PM
Do you remember when you first interviewed any broker? The broker was the ultimate professional, upstanding, ethical, the epitome of integrity. They informed you they were there to see you succeed in your new career. Every resource they had was at your disposal, and they were only a phone call away. Their … (130 comments)
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real estate ethics: I Reserve the Right to Share Random Thoughts - 09/22/06 06:19 AM
The other day I was called in for Jury selection. Jury duty is a responsibility we seem to owe each other as Americans. I had mixed feelings between duties and obligations. Of course the "office" and associates would help out, but what would it cost in the long run?
Right off … (0 comments)
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real estate ethics: Anti Doping rules and Real Estate - 07/30/06 07:05 PM
Like the rest of the country, I sat on the edge of my seat thrilled by Floyd Landis' miraculous comeback in Stage 17 of the Tour de France. I was sadly disappointed when this week it was revealed that Floyd had failed his blood test after the stage, but it got … (6 comments)
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