Fair and Balanced? No way!
I have to follow up on this because it's just so incredibly infuriating.
Note - Newscaster Brian Sullivan actually called me to discuss this. He would like to hear our side. He also said he is not anti-REALTOR®...
This was my post earlier today: Do REALTORS® Owe Anything to Those Hit By Housing?
Thank you to those who responded, but I guess Fox Business is full of one-sided newscasters who think real estate agents are overpaid, greedy, selfish, uncaring morons who run around pushing unsuspecting victims into homes they cannot afford.
It appears there is no convincing these smug talking heads otherwise.
The one newscaster says repeatedly, "I used a Coldwell Banker REALTOR," which reminds me of when racists say, "I have friends who are black!"
The interview leaves viewers with the impression that agents make 6% - they don't. The average is 1.6% of the selling price, and I know plenty of agents who have worked for a year on a difficult transaction, only to NEVER be paid...so how many times do we work for NOTHING???
It says that we work for the seller, no matter who we are representing - not true in every state, especially Ohio, PEOPLE LISTEN, real estate is local! The laws are not the same in every area, much less in every state!
It is also mentioned that since the seller is paying our commission, we are contractually working for the seller even if representing the buyer! Not true - since the buyer is paying for the house, they are paying the commission by paying the asking price and taking out a mortgage. Does that mean everyone, even the seller's agent, is working for the buyer?
Bye Fox Business, no wonder you can barely get infomercials as advertisers.
These people aren't asking the hard questions. They are pandering and pushing buttons. Obviously they pushed mine. So now I will be pushing mine - on my remote.
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