After reading this article http://www.msnbc.msn.com/id/32939476/ns/business-personal_finance// I felt the need to write to Mr. Schoen.
Dear Mr. Schoen,
I read with interest your analysis on real estate agents and their motives. I have been a real estate agent now for over 23 years and certainly can see the logic in your argument. Real estate agents are indeed commission based, the higher the price and the sooner they buy the argument goes the better it is for this breed of unscrupulous and greedy folk. Clearly the real estate mess we are in today must largely be the responsibility of this group.
Unfortunately, as with so many articles written by journalist experts, it appears that the easy populist slant reflects a lack of understanding. It would be my expectation that someone in your professional capacity, as an educator of the public, would have dug a little deeper. In my business as an independent contractor and a business man, I rely on my clients for their referrals and repeat business, I have in other words a vested interest in taking my responsibilities to them seriously. Their satisfaction with me feeds my children!
There are individuals who take the easy road to make a buck today (or sell an article now) and the Wall Street money managers have a few examples. Perhaps, instead of venting spleen on an industry whose participants for the most part were caught up in a storm not of their making you may want to look to the money managers who knew what they were doing and did not care.
I have a high regard for the "Fourth Estate" as a protector of our society. Clearly you failed us with Iraq! It would be interesting to read an article investigating why the banks appear to be so reluctant to work out mortgages for those who are loosing their homes. Is there profit in foreclosure? Check it out (hint talk to some realtors) and maybe you can save people from loosing their homes. I know in my market there are over 47,000 people who would thank you!
Sincerely,
David Thomas ABR, ePRO
West USA Realty
602-763-6363 cell
david@OnlineArizonaHomes.com
By all means join the chorus!
Comments(0)