Anti-Realtors.....They Blame Us, But What About The Pool Guy?

By
Real Estate Agent with Karen Parsons-Fiddler, Broker 949-510-2395 BRE# 01494165

Anti-Realtors! We've all seen them! They lurk in the shadows of Zillow and local newspaper real estate blogs waiting for a new post or article by a Realtor so they can pounce on the comments section. The intent is normally to scare potential buyers and sellers from using a Realtor. They do this through intimidation...they position the potential client as an "idiot" if they don't handle their own real estate transaction and are "duped" into using a Realtor.

It's too bad...since those of us who are professionals in the Real Estate Industry know how much work and expertise goes into navigating a transaction to a successful close. Perhaps it's the very reason we are considered and "extra" and not a necessity....we take care of so much behind the scenes without concerning the client that they never know all that we do! Hmmm....hadn't thought of that!

Last night one of the Anti-Realtors surfaced on a post of mine here on Active Rain. Realtors Were NOT Part of the Real Estate Problem . In this case the author felt that during the "boom" listing agents were ok but that buyer's agents were at fault? What? Apparently buyer's agents should have known that the prices were unsustainable and so by allowing the buyers to buy.....they were the problem!

Ok...so taking that same logic, here are some more people to blame for the bad economy. During the "boom":

1) Contractors and Sub-Contractors should have turned down all remodeling jobs since these jobs would be cheaper in the coming years when they have no other work.

2) Car Companies and Dealers should have closed their lots for a few years since the economy was going to drive prices down. In addition, the car companies are going to offer to pay the car payment if they run into trouble..better wait for that plan.

3) Gas Stations should have stopped supplying the pumps since the gas prices were going to fall to around $2/gallon and that will be a much better time to fill up your tanks.

4) Electronic Stores should have put all TVs in the back room for a couple of years since the Plasma TVs are going to be very inexpensive in a couple of years.

5) Internet Retailers should have shut down their sites for a few years so that the walk-in retailers can get their fair share now...and then when the economy stalled and sale tax rose...they can take their profits later.

6) Pool Guys, Cleaning Services, Gardeners...what can I say? How could you charge so much for your services when they are going to be almost half that price in a couple of years? Why didn't you charge us the least you possibly could in the first place?

The list goes on.....I'm sure you have some to add! The point is.....WHAT? Things happen and if the Real Estate Industry is the one who holds the Crystal Ball....then I want mine!

 

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Re-Blogged 4 times:

Re-Blogged By Re-Blogged At
  1. Buzz Stanko 04/27/2009 02:54 AM
  2. Karen Patton 04/27/2009 11:34 PM
  3. MyAgent My Agent 04/28/2009 07:27 AM
  4. Karen Patton 04/28/2009 10:35 AM
Topic:
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Mentors: Agents Helping Agents
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realtors not the problem
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Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

I disagree that it's my job to delve into my client's finances. I think there are serious ethic problems in giving advice. Let's say that instead of the market going down, it went up...and I advised lots of buyers to wait. Wouldn't I still be liable for something I couldn't know? Certainly I give opinions....but unless I am licensed to handle mortgage loans, I refer that to those in the business. If I'm asked for an opinion....I'm full of them (you can probably tell). But if not...my job is to get the best outcome for my clients on the deal we are working on...and sometimes to recommend that they walk away if we can't. But ultimately, it's their decision.

Apr 28, 2009 08:40 AM #115
Rainmaker
600,792
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Karen - Funny post!  As I started reading through your list, I started laughing.  As a mortgage gal, I've gotten my share of blame for the entire country's current financial woes.

Nevermind that in the nearly eight years since I've been in the biz, I never sold a neg am loan program.  Nevermind that in nearly eight years, I have never had a client I sold a loan to foreclose or walk away from their mortgage.  Nevermind that my entire mortgage career has been dedicated to assisting low-medium income first time buyers realize the dream of homeownership (with fully documented, fully amoritized, 30yr mortgages).

Just this morning, I was talking to a Realtor about some of local city/county/state down payment assistance programs and she commented about how much I knew about all the various programs and she asked me how I knew about all of these programs?  Because these are the types of programs that I have promoted for pretty much my entire mortgage career.  Because of that, every anti-mortgage wacko feels it's their duty to trash me every chance they get and to blame me and my kind (really love it when they throw in that lovely phrase - like I'm some kind of alien) for the mess that the US economy is in.

Most of the time, I can just ignore these bozos but the ones that seem to bother me the most, and I mean no disrespect here, are the rants that come from Realtors.  Go figure!

Apr 28, 2009 11:46 AM #116
Rainer
6,018
Eugénie Eckler
Right At Home Realty Inc. - Oakville, ON
Oakville, Ontario

You know that you have written a good post when it solicits so many responses that are heart felt!

The way I look at it is, being a Realtor is a profession just like many others...   whether the nay sayers want to admit to this or not.  If you really do not feel that a Realtor is worth their fees then go it alone and stop all the negativity.  Some of us are trying to make an honest living.  I have literally worked for weeks or months on end with someone - not for any pay BUT FOR THE HOPE of a commission cheque at the end.  AND GUESS WHAT?   It will be WELL deserved when it comes!!!

Thanks Karen :))

Apr 28, 2009 12:04 PM #117
Ambassador
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Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

Donne....

Good for you! The mortgage brokers are not to blame either....they used the tools and loan products available to them to help the most people they could buy a home. What's really wrong with that? It's interesting to me.....I lived through the boom and bust of the 80s and there were few, if any short sales, none that I remember. Not the overwhelming number of foreclosures we see now. More personal responsibility. Now...all we see is bailout....what can my country do for ME.

Thanks for your comments...and I hope the Realtors lay off..that's not fair.

Karen

Apr 28, 2009 12:10 PM #118
Anonymous
Anonymous

Karen,

Leave Jeff's post just as it is. Yes, if this were my blog, I would have thought about deleting the last paragraph too.

However, while some of the points raised were good ones, Jeff unfortunately "tipped the scales of credibility" at the end.

His comments I now consider to be just foolish.

Brian Madigan

 

 

Apr 28, 2009 12:22 PM #119
Anonymous
roland

I found this list on ActiveRain some time ago.......It seems relevant for this blog.

 

Next time someone says a Realtor does very little ...print this and give it to them.

 

101 things your realtor does!

by www.bettyannhomes.com

Here is a list of 101 things off the top of my head that I do as a realtor...

and the list goes on! 101 Things YOUR realtor does..

Buyer consults

Buyer searches (MLS)

Shows Homes and other properties (drive, drive, drive!)

Contacts with lenders/ pre-approval

Phone calls to buyers regarding properties

Writing offers

Presenting offers

Writing addendums

Arranging for inspections

Attending inspections

Reviewing inspections with buyer

Writing addendums for inspections

Walks through prior to purchasing

Reviewing HUD statements prior to closing

Ordering Title

Reviewing preliminary title reports

Counseling buyers through the process,

fielding questions and concerns.

Ongoing contact with other realtor (listing agent)

Checking in with closing agent

Checking on loan documents and time sensitive loan information

Handling negotiations

Keeping written records of the transaction

Cold calling

Marketing yourself

Photography of properties

Creating Virtual Tours

Market Analysis of properties

Pre-listing interviews

Listing consultations/presentations

Reviewing records (county, taxes, comparables)

Previewing properties

Market research

Listing paperwork and input to systems

Ordering Signs

Marketing property

E-mailing, faxing

Market preparation advice

Installing lockboxes

Staging consults

Counseling sellers through the process and paperwork

Continual market evaluations of listings

Regular contact with buyers and sellers

Updating Mailing lists

Thank you gifts

Flyer designs and oversight Delivering/restocking flyers

Online marketing

Continuing education classes, conferences.

Legal counsel as needed

Office meetings

Agent council

Motivational meetings

Office organization

Price adjustments

Brokers Opens

Open Houses

Print marketing materials

Developing business plans

Budgeting/Paying expenses

Vendor interactions

Farming (mailing's to designated areas)

Community Involvement and volunteering

Attending closings

Creative brainstorming for new marketing ideas

Writing adds

Placing adds

weekly Technical training and expenditures

Web site updating

Uploading listings to internet sites

Lunch's and Dinners with clients

Review CCR'S

Public relations

Continual e-mail and voice mail returns

Calling agents for feedback on your listings

Safety preparation and plans

Handling rescissions

Client Appreciation events

Car maintenance

Ordering materials

Meeting with builders

Viewing developments

Handling referrals

Checking on vacant properties

Updating data base

Attending non clock hour classes

TV adds

Market Forums

Learning new forms

Read real estate related materials

Statistics

Calling on For Sale By Owners

Keeping in touch with former clients

Meeting with broker

Being mentored/accountability

Daily review of MLS/Hotlist

Updating clients

Oversight of remodel projects(Flips)

Blogging

Community Events C

overing for out of town associates

Listening!

www.BethAnnHomes.com

Apr 28, 2009 12:38 PM #120
Ambassador
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Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

Hi...there was another post that I deleted...I think that Jeff loses something when he gets crass at the end, but the points were otherwise fair to post.

Roland..wow! This is a great list! And when you add that sometimes we end up doing it for free!

K

Apr 28, 2009 12:53 PM #121
Rainmaker
1,113,795
Jim Frimmer
HomeSmart Realty West - San Diego, CA
Realtor & CDPE, Mission Valley specialist

That was a great post, and the comments were great, too. I really liked the list of 101 things that a Realtor does.

Apr 28, 2009 01:46 PM #122
Rainer
70,555
real estate real estate
Providence, RI

Karen, I think the problem with out society is over-generalization. It is not a good idea to over-generalize things but almost everybody tries to do that, including myself. Not every bankers are cons; not every realtors are cons; not every car salesperson are cons;....

Apr 28, 2009 02:28 PM #123
Rainmaker
408,964
Karen Monsour
Coldwell Banker Fort Lauderdale Beach - Fort Lauderdale, FL
REALTOR, SSRS - Sells FL Waterfront, Short Sale Expert!

Roland,

Loved that post here on Karen's blog.  That is such a correct list,

While I sat here and read all of the comments.  Now I know why I stay away from negative people, while I think this post was great....I'm exhausted with the negativity of some of the comments.

Karen M.

Apr 28, 2009 03:05 PM #124
Rainer
34,612
Lee Ali
Las Americas Real Estate - Fairfield, CT

The real estate "sales" industry is up for a huge shake-up like the newspaper industry (the Internet happened), the car dealership industry (custom design happened), the telephone booth industry (cell phone happened), and many other industries.

Case in point, newspapers can count and quote all kinds of things they do for their readers and communites, democracy, nation, etc., but a majority of them are going to be eliminated. The economy just does not need them anymore.

National Association of Realtors is the largest trade organization in the world which enrolls practitioners like the mortgage industry signed up sub-prime loans. Snooze through 60 hours of class time, take a couple of tests and you are in. Work as a salesperson for a couple of years, take 120 hours of class time, take a few tests and you are a broker. Connecticut does not even require that you see a transaction through all stages of completion before you can become a broker and "represent" people with the largest purchase(s) of their lives. Scary indeed.

You can count all the wonderful things which real estate salespeople do for their clients, communites, nation, world peace, etc., but that is not going to keep a large number of real estate salespeople employed for a long time. The industry has changed big time and few of the savvy salespeople will command majority of the business.

Real estate "salespeople" are in denial and there is nothing wrong with being in denial as long as your spouse is kind enough to carry you. Yes, the "job" is fun and flexible but there is a reason why an average real estate "salesperson" makes $13,000/year which is barely above the poverty line http://aspe.hhs.gov/POVERTY/09poverty.shtml

NAR could have tightened up the requirements for becoming a "Realtor" and ensured resonable income levels for practitioners, but I guess it is too late. Realtors or not, the Internet is forcing many real estate salespeople to be out of business.

The new real estate sales paradigm just does not need as many people running around showing houses. A new CAR study indicated that only 20% of clients care for buyer agents' help with selecting houses. The rest only want the agents to help them get a better price. But that is a bummer. Until Realtors' seller bias is arrested, buyers ain't getting the best prices. :)

I guess that buyers can use a National Association of Buyer Agents. Any takers?

Apr 28, 2009 03:32 PM #125
Rainer
34,638
Kenneth Young
Uni International LLC - Virginia Beach, VA

98% of Real Estate Agenst are professionals, 1% are learning to be, and the last 1%.... well, they don't count... LOL

Good post.  Anti-Real Estate Agent, or Anti - anything people are always good to hear from, just gives me practice on learning new objections and answers to those objections.

 

Apr 29, 2009 08:27 AM #126
Anonymous
Jasmyn Jefferson Jefferson Associates & John L. Scott Real Esta

What a fantastic topic...  It seems to be the buzz in every state and local Realtor Association. 

About 1/3 of the way down all of these blog responses I started to realize that the line between Realtor and Real Estate Licensee is being blurred in this conversation...  Even in the Anti-Realtor's comments it leads me to believe this person does not distinguish between the two.

I won't point blame or comment on the opinion of the person that feels poorly about my chosen profession and the trade organization that represents me, BUT; I strongly encourage EVERYONE to contact your state and local Realtor Association and ask them what their Realtor dollars have done for the consumers as well as the Realtor? My Association (Tacoma-Pierce County & Washington State) has done a tremendous amount of work on my behalf.  While I'm in the trenches keeping food on the table, MY Association is protecting my clients and they are preserving my trade.

I am a proud Realtor, paying my dues and all  HOLLA!!!!!!!

p.s. Our MLS is NOT Realtor owned....

Apr 29, 2009 10:56 AM #127
Rainmaker
1,288,270
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Area Real Estate

Karen,

Got this link for you from this bozo on another post/feed.  You'll get a lot of good link love on this post that's for sure.

Apr 29, 2009 12:36 PM #128
Ambassador
1,545,570
Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

Hi Lyn,

Thanks for the heads up....I went and read the blog and made my own comment....fun stuff!

K

Apr 29, 2009 02:06 PM #129
Rainer
12,829
Carlos Silva
Las Vegas, NV

Excellent job!  If they want to spread the wealth when business is good then they should spread the blame when it's bad.  Dont' have a crystal ball but I do have a snow ball.  Interested?

Apr 30, 2009 05:48 PM #130
Rainer
13,574
Carol Simonson
ReMax - Westlake Village, CA

Wow, the NAR needing to do a better job?  Oh my goodness...now there's an original can of worms to open!

  

The NAR's business seems to primarily be that of collecting member fees and lining their own pockets...they aren't (As they would have us believe) on our side necessarily, like a lot of associations and unions that have been forced down the throats of folks, (They are in bed with most local associations, so you can't work if you don't join the NAR!) they may have originally been set up to serve us, it's members, yet eventually they serve their own agenda, and create unnecessary jobs within their corporate office much more than continuing to focus on and serve all members.  I'm not saying that they do absolutely nothing, that's not true at all, but I am saying that they clearly don't do enough which is obvious by all of us...are they not actively listening to us members?  Or is it that they listen, but do not hear us?  The commercial advertisements I see from NAR are very nearly laughable and wouldn't convince me to use a realtor...or any other service or product.

 

I believe that membership in NAR should be an option, and not a requirement to work, perhaps NAR members would receive some benefits that they asked for, benefits that non-members would not receive.   Yet to NOT be allowed to join a local board without first joining the NAR is, in my book...rather akin to being financially hijacked for ransom, only by joining NAR can you go about your business.  I feel that if we join state and local associations...that that should be plenty...local and state boards can offer member benefits to its members, why the heck should I be forced into joining the national association? 

 

It makes no sense to be required to join THREE associations, national, state AND local!    Again, if NAR membership was optional, I would have zero beef with them, heck...I might even join if given the choice...but they have created a scenario by bedding with local associations and you can't (In most places) join only state and local associations until AFTER you have joined the NAR. 

 

When I get my state drivers license, I am not required to pay for a local association fee, then a state fee, and yet another national fee...just to hold a license and drive a vehicle!  AND let me clarify that I don't actually have any angst towards the NAR itself, the part that makes me uncomfortable is that they have made membership a requirement rather than an option because they managed to wine and dine the local associations into making NAR membership a requirement, offering them (God knows what?) in exchange of requiring it's local members to also join the NAR.  THAT is the part that is NOT okay.  Of course, if given an option, I can imagine that a lot of folks might opt out if they were not happy with what the membership in the NAR provided...Something like that  might motivate the NAR do a better job! 

 

Wow...what a novel concept, you do a good job and then I use your services...or...you don't do a good job and then I take my business elsewhere.      

 

I have a great idea, we'll pay them a hundred bucks a year if the NAR served us better and we are pleased with their service...but we pay them only a one buck if we aren't happy with their service...maybe they'd begin to serve us better under that particular scenario!  I'd sign up with that program right now!  I can't help but wonder under which scenario the NAR might perform better, the one dollar model or the hundred dollar model?

 

But you are right on target, the NAR should be doing a better job, serving its members, and getting the word out as to all the tasks we take on behind the scenes...people don't understand that. 

 

I don't hate the NAR...I simply don't support being forced to do what should be an option...that's my opinion, you might disagree...and also...I could be totally wrong!  I'll accept being wrong, (I have no problem with that!) and I'll be pleased to learn from my wrongness...I just wonder if the NAR would do the same.

 

Carol

PS:  my crystal ball is in the shop being repaired...they've had it for a LONG time now!

May 01, 2009 09:07 AM #131
Ambassador
1,545,570
Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

Crystal ball sales would be a good business to be in.

May 01, 2009 10:29 AM #132
Rainer
3,134
Margie Callahan
CoolColoradoRealEstate.com - Steamboat Springs, CO

Great analogies, Karen!  I wonder how many anti-Realtor bloggers work in the industries you list.  And I have always wondered about do-it-yourselfers.  They always know how to do it better than a trained professional.  They think we pay nothing to be a trained, experienced professional.  To them I say, "Save a penny, spend a dollar, have at it, learn the hard way, it isn't easy for us, either!"

May 03, 2009 07:25 AM #133
Rainmaker
306,929
Ryan Hukill - Edmond
ShowMeOKC Real Estate Pros of KW Elite - Edmond, OK
Realtor, Team Lead

'we take care of so much behind the scenes without concerning the client that they never know all that we do'

Truer words have never been spoken. I'm dealing with a client now who has NO IDEA how hard I've worked to keep their deal together, despite their idiotic behavior. In the end, they'll benefit from tons of instant equity and badmouth Realtors to their friends and family.

May 04, 2009 05:55 AM #134
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