Even though real estate professionals have been miss understood by the general public and the news media. It seems that 68% of consumers view real estate professionals favorably according to a recent study by The Consumer federation of America*. The survey found that most people did not know much about the real estate process unless they had worked with a Realtor® within the past five years.
"Home sellers and buyer who think they understand a complicated industry, yet in fact do not, are at a disadvantage in obtaining effective representation, reasonable commissions, adequate redress and, for buyers, complete information about listings," says Stephen Brobeck, executive director of Consumer Federation Of America.
Misunderstanding what real estate professionals do for consumers is nothing new. A recent episode of 60 minutes did not even give Realtors® a chance to explain our services. Many unfair accusations flew and a lot of misinformation was dolled out by CBS*. No wonder it is difficult for the general public and many consumers to get an accurate picture of what Realtors® do.
It is just nice to see a survey that actually proves what we Realtors® already know. We offer invaluable services that can save consumers money, a lot of grief, and even time in court when completing a real estate transaction. Most people that have worked with a Realtor® understand how important we are. In my experience I have seen buyers and sellers extremely happy and confident when have a Realtor® on their side.
*Click here to read the Consumer Federation of America's Findings
*Click here to read the N.A.R. response to 60 minutes
Visit Damon Savoia and get free MLS searches for Boise, Sun Valley, Idaho and San Francisco Bay Area at www.insideoutrealestate.com
Comments(4)