Regarding the 60 minutes episode:
It is nice to see the outpouring of passion from members of our Profession (and the public to a degree) stemming out of this. It has encouraged many to assess and evaluate the Professional Real Estate sales profession and most have come away reassured that yes, there is true return value in what dedicated agents do for the public. There is also much room for educating the public to this fact and what we do that makes it fact.
At the end of the day you receive no more than what you are willing to invest in and a Realtor's long term survival directly correlates to the level of service given to the client.
One of the points that puzzled me regarding sunday night's 60 minutes piece if the statement of person speaking is valid - The company represented in the piece claims to handle mortgages as well as real estate transactions and if I heard right you are expected as one of their purchasers to take their mortgage package if you buy a home through them. I am curious if anyone knows the rates and terms of their mortgages? Further to this are there not laws governing the lending industry that prohibit cash kick backs?
It is possible that while the client is fixated on what is going into one pocket the other three are being emptied. If someone can clear that up I can put this to bed and move on.
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