In the ongoing effort to reduce advertisement revenue, to offend REALTORS® everywhere, and to support increased difficulty in home purchasing, the Raleigh News and Observer also took a few swipes at all of us in an editorial that commingled REALTORS®, commissions, legislative corruption, and generally got me worked up a little.

Check it out for yourself.

Quite a few nasty and tangential digs in there, aren't there?  Associates at KELLER WILLIAMS® Realty Market Center #377 in Cary, NC were asked to chime in to the N&O with our dissent.

Well, you can usually count me in on the old, "Chime In With Dissent."

Here's my offering, just submitted:

"The N & O editorial, "At the Closing" was disappointing.  I am a REALTOR® and proud of the service I offer.  (REALTOR® is a copyrighted trademark, and is misused when spelled in lower case as you do.  Proper usage is seen in your Real Estate Classifieds.)

I often work with first-time Buyers, people who are reaching for the first rung of the ladder to wealth:  Home Ownership.  Only a heartless person could work with first-time Buyers and not become an advocate for them, considering the effort required to buy that first home.

The News and Observer's cavalier attitude regarding gratuitously raising the threshold to participation is disheartening.  What agenda applauds the use of government to help price people out of the housing market? 

A better approach would be creative property taxes providing amortization of long term bonds.  That would spread the cost of growth among those of us who have benefited from growth in the last 15 or 20 years, and spread those costs to those who are coming to the area.  It would not increase the cost of a home, or the REALTOR® commissions you denigrate.

The eagerness of legislators to sell their votes is indeed shameful.  We shouldn't confuse that sad tendency with a punishing and poorly conceived tax designed to artificially increase home costs for those who can least afford it."

You saw it first on AR.  We need to get Leigh Brown into the State House for a little straight talk...

 
This post has been included in North Carolina Information

9 Comments on Raleigh,NC Real Estate: Affordable housing takes a lick in The News and Observer's attack on REALTORS®

I'm bookmarking this Mike because it is relevant to my family and to our profession.  I will check it out in depth at a later date...

07/12/2007 11:16 PM by Jason Sardi, Pennsylvania Mortgage Broker (First Choice Equity Group Inc.)


Mike,

I haven't seen the Angie ad they refer to....whats that all about? Your response to the N & O was great.

 

Dick Beals

07/13/2007 05:35 AM by Wilmington Real Estate 4U


Dick,

I have not seen the Angie ads either.  I have heard some radio ads, and they are typical of  the staged and stilted dialogues between neighbors that we suffer through during elections.  I assumed the Angie ads are similar.

Thanks for reading and for the compliment.

07/13/2007 05:40 AM by Mike Jaquish Keller Williams Realty, Cary, NC (Keller Williams Realty)


Hi Mike,
I applaud your response.  I just can't get why people do not understand the importance of helping people buy their first home.  Thank goodness our legislature walked on this one, but my bet is it'll be back.  

07/13/2007 08:02 AM by Cynthia Tilghman, Realtor® Onslow County NC Home Specialist (Kingsbridge Realty, Inc)


It will be back, Cynthia.

Constant vigilance...

Thanks for responding and your compliment!

07/13/2007 08:28 AM by Mike Jaquish Keller Williams Realty, Cary, NC (Keller Williams Realty)


Go you!  I'm so far behind on here it's ridiculous.  You fight the good fight in Wake County and I'll work on Cabarrus and Mecklenburg.  We will have our hands full since those idiots passed the land transfer tax option.

07/30/2007 08:17 PM by Leigh Brown Charlotte NC Broker/Owner (RE/MAX Signature Properties)


Hi, Leigh!

The whole mess is being sold to folks as a way to shift the burden to someone else.

Or to artificially increase their home value on the backs of newcomers.

What a disingenuous mess!

Good to hear from you!

07/30/2007 09:22 PM by Mike Jaquish Keller Williams Realty, Cary, NC (Keller Williams Realty)


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Real Estate Agent: Mike Jaquish Keller Williams Realty, Cary, NC (Keller Williams Realty)
Mike Jaquish Keller Williams Realty, Cary, NC
Cary, NC
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Musings and meanderings around the North Carolina Triangle area, with pithy stuff about the Raleigh and Wake County area, particularly Cary, and thoughts about the Real Estate industry.

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