Once upon a time in Real Estate you were able to contact your fellow Realtor and start negotiating on a home that maybe of interest to your buyer. Normally, the other Realtor would gladly assist you, after all you had two things in common.
1- To help your buyer or seller.
2- To collect a commission once the transaction closed.
Today, it`s almost impossible to locate your fellow Realtor, when you do, they sometimes forget what home you`re asking about, forget about negotiating, and the general attitude towards one another seems distant.
Once upon a time in Real Estate a Realtor would call for showing instructions get all the information required on the MLS and then make an appointment to bring their client to the listing.
Today, the Realtor feels that knocking on a door is sufficient and asking "How Much is this Home" with clients in tow is acceptable.
Once upon a time in Real Estate a new agent understood that Sweat Equity was part of the learning curve, you were actually required to work, and in return your mentor taught you the business.
Today, a new agent comes into this business thinking they`ve struck gold, they most certainly know more than you do, and although they haven`t completed their first transaction, they already want to be compensated with a higher commission.
Once upon a time in Real Estate a Seller was actually happy walking away with a slight profit, if they made $25,000 on their beautiful home in a two or three year period they were more than content and the Selling Agent received a "Thank You". Today, a Seller believes it`s their Birth Right or something like that to make a substantial profit over $120,000 in a two year period and become visibly upset that your not doing your job if they don`t. Forget receiving a "Thank You", you cheated them out of more money!
Once upon a time in Real Estate the mortgage lender actually had an idea of what their job was supposed to be. They knew that a closing date had to be meet, that a GFE wasn`t the initials of their girlfriend or boyfriends. That Buyer or at least in this State selects Title Company and that the mortgage broker didn`t interfere with the closing. Today, 75% of mortgage brokers seem confused, closing dates are thrown out the window, a GFE is forgotten, so the poor buyer is left to the mercy of the mortgage broker to whack them with so many different charges that it appears on the edge of criminal.Worse, they the mortgage lenders blame the Realtors for their ridiculous charges, why not, it`s easier to blame everyone except themselves!
Once upon a time, you would do a CMA for your seller, the Seller would agree with your assessment of their home and you`d place it on the MLS and hopefully have it sold in a reasonable time frame. Today, no matter what you tell your seller they truly believe "MY HOME " is worth $50K more than your CMA! The home remains on the market longer, and after 90 days the Seller wants to switch Realtors because after all "You`re not doing your job properly in selling MY HOME".
I guess the more things change the more they remain the same!