Have you ever noticed that all you have to do to get less than ethical folks to show their ugly side is to talk about ethics or professional standards?

Over the last few months when one of us writes about ethics and professional standards we get a few off the wall people who will argue against them.  It is so insane.  A real estate agent or a loan officer being offended by the mere suggestion that we need higher standards or that a professional is someone who strives to conduct themselves at a much higher level than the basic minimum.

Reading comments from a real estate person (I was going to say professional) who was upset or offended that I would have the arrogance to suggest the being a professional means minimum requirements are not enough.  I wonder what their clients would think if they read the comments.

There have been several blog posts addressing the issue of dual services and why it was bad for the general public (acting as a real estate agent and loan officer or other service provider for the same client). Those seem to hit home with a few folks.  Boy did I get some hate messages from that topic. Yet Another Blog About the Agent With Too Many Hats?

Recently many of you read my post Real Estate Ethics in Nutshell and how I received a few negative comments and a series of e-mails from a real estate broker.  He felt all was fair in business and it was OK to take advantage of any loophole available to him.  In the end he deleted his worst messages that included negative remarks about religion.

There have been several blog posts about holding loan officers to the same standards as real estate agents.  King For a Day Series - Mortgage Industry  That topic caused me to really get hit with the hate messages.  Now look where the lending industry is today.  Do you think better regulation, a Code of Ethics, industry self-policing and better licensing laws may have helped?  I can tell you first hand that I and most top real estate agents I know avoid mortgage brokers and out of state lenders like the plague.  That might possibly have been a different story if their industry was better regulated and operated.

So what is the answer?  Do we only write nice fluffy posts about the flowers in our gardens or do we discuss what is important to consumers and to improving ourselves and out industry?  I for one prefer to work on the improvement of our industry and to share knowledge with each other and the public.

So if you are not a professional and offended by those discussions, you may not want to read some of my posts.  If on the other hand you enjoy sharing knowledge and having discussions on professional behavior, I hope that our blog system will continue to be a great forum for us to exchange information and knowledge.

Good Luck and Good Blogging!

 

Some related posts:

 
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10 Comments on To Start an Argument – Just Talk About Higher Standards

Randy,

I know you are right.  But I like the flowers too.  I prefer predominant discussion of real estate topics, but I do like to stop and smell the roses.

Ain't it peculiar how some folks fear ethics?

07/15/2008 02:54 PM by Mike Jaquish Keller Williams Realty, Cary, NC (Keller Williams Realty)


Here's how I see it....about 99% of my deals that have fallen apart, is because the loan officer has done something wrong, gave a sloppy preapproval, before they really checked to see if the person could really afford a home...so I agree with you....they should be held to a higher standard...than they are, there really are no standards as far as I can tell...

07/15/2008 04:12 PM by Konnie MAC Northern Virginia Real Estate (Konnie McKee )


Randy, you are right on the mark again on this one. 

07/15/2008 04:14 PM by David Matney, CRS - Omaha, NE Real Estate (Alliance Real Estate)


Randy,

Aloha brah!  You are soooooo right.  We need to raise the bar.

Mahalo!

Dominick

07/15/2008 07:39 PM by Dominick Dina (Christian Realty San Antonio)


Randy you know how I feel about this, I have commented on your blogs on this subject many times before, and you know that I am in full agreement with you.  What troubles me a little is when one part of this great industry of our who try to claim that their area of the industry did not contribute to the conditions that we find ourselves in today.  We need to police our own better, because there are people in every segment of this industry that are less than ethical.

07/15/2008 07:44 PM by George Souto (McCue Mortgage Co.)


I agree Randy... I feel it should be harder to get the liscence to begin with.  Right now for about 1250 - 1500 dollars you are now a Real Estate Agent.

07/15/2008 08:01 PM by William Feela Owner/Broker North Branch,MN (Whispering Pines Realty)


Wow Randy. I have never gotten hate mail type e-mails from my blogs...unless you count the ones I get when I delete off topic posts from the group.

That is simply nutty! I can't believe people get their panties all knotted up like that!

07/15/2008 08:31 PM by Monika McGillicuddy~REALTOR®~ N.H. Real Estate Broker & Trainer (Prudential Verani Realty/Hampstead)


Mike - I am sure we can all guess why.

Konnie - I have made the statement many times that the lending world is like the Wild West.

Dominick - It would only help the public and improve the reputation of the industry.

07/15/2008 11:09 PM by Randy L. Prothero - Hawaii REALTOR® (Century 21 Liberty Homes)


David - Thank you

George - Absolutely!

William - Even worse in Hawaii, for about $65 you are a loan officer.  For the price of business cards you are a home inspector.

07/15/2008 11:12 PM by Randy L. Prothero - Hawaii REALTOR® (Century 21 Liberty Homes)


Monika - Maybe they thought I was targeting them by talking about unethical behavior.  LOL

07/15/2008 11:13 PM by Randy L. Prothero - Hawaii REALTOR® (Century 21 Liberty Homes)


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Real Estate Agent: Randy L. Prothero  - Hawaii REALTOR® (Century 21 Liberty Homes)
Randy L. Prothero - Hawaii REALTOR®
Mililani, HI
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