While showing a property last night to an investor client I'd helped buy a home almost a year ago, the conversation turned to recent transaction in which another Realtor had listed and sold a house for a local businesswoman.  The seller occasionally performs work for the Realtor who listed her property, and she's mentioned on the Realtor's website as a "local partner."  My client and her friend were not feeling at all friendly about that relationship.  Their feeling was that the two of them must be collaberating somehow to exert an unfair advantage over the people who eventually bought the busnisswoman's property.  They were asking me if that didn't constitute some sort of conflict of interest, and I don't really think I convinced them that it didn't.  "How is that any different," I asked them, "than a landscaper who regularly mows a grocer's yard and also happens to shop at his boss's grocery store?"  I think the suspicion resulted because the businesswoman is an interior designer, and was therefore perceived as being in the real estate business somehow, but I was still astounded at their concern.  Why is it that Realtors, who are held to a higher standard of ethics than the average bear, are eyed with such suspicion by a large segment of society?  OK, ok, I know there are bad Realtors out there, just like there are bad examples of every other profession you can name.  But sometimes we don't even have to make a mistake to be looked at as shady characters.  How can we combat negative public opinion that is so undeserved?
 

5 Comments on Public Suspicion

OCT
23
2007
123,283 Points Outside Blog
Turning that perception around isn't going to happen anytime soon.  With the United States Justice Department nipping at our heels, the press slamming what we do (and what it's worth) and the public out looking for "free" real estate, this probably isn't the most wonderful time in history to wear the Realtor pin.
2:52pm • #1
383,618 Points 1 Featured Post Outside Blog

I believe it will be very difficult to overcome the publics perception of most sales jobs. Sales people as a hole are loked down upon as not very trustworthy. This is in real estate,mortgages, cars, etc.

Sean Allen

2:54pm • #2
158,123 Points 3 Featured Posts Outside Blog
Wish I could answer that question.  So often we are equated with ambulance chasing lawyers and used car salesmen.
3:30pm • #3

Hi Joan,

You are right, but I have to wonder if used car salesman are lamenting their comparison to Realtors......

4:03pm • #4
NOV
01
2007
351,645 Points Outside Blog
It is interesting how people perceive what they do.
11:14pm • #5

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Nola Comingore

West Chester, OH

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Comey & Shepherd Realtors

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