SMARTMONEY MAGAZINE article by SmartMoney Magazine Staff Published July 7, 2009
The tone of this article is wrought with shameless self promotion for the magazine and the named sources that are quoted in it. The writer(s) also make reference to quotes from un-named sources in a very unprofessional job of reporting. They are creating a story and their story in untrue.
'THINK YOU'VE HAD NO OFFERS? ACTUALLY THERE'VE BEEN SERVERAL' - This statement is attributed to Sean McNeill who is identified as an independent real estate broker based in New York City. The writer(s) then attribute the following statements to McNeill:
1) "the broker thinks it's too low for his own purposes,"
2) "He want to hold out for a bigger commission."
Then the writer(s) fabricate their own claim in the following statement: "Another possibility is that there's an outside broker (or 'co-broker') circling your house, and the primary broker is waiting for one of his own clients to make an offer so he can keep the full 6 percent to himself." This qualifies as nothing more than unsubstantiated gossip that is harmful to hard working professional brokers in all markets.
Poor fact checking and unsubstantiated allegation in an overt attempt to defame Real Estate Brokers.
Write to your State and National Association of Realtors.
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