Myths About Realtors

Real Estate Agent with RE/MAX of Nanaimo

This is worthy of a re-blog and, as a REALTOR®, I would be remiss not to do so. It amazes me that so many people out there do not know the value of working with a trained professional when it comes to the largest single financial investment they may make in their lives.

Original content by Susan Zwarych

There are a lot of myths about Realtors out there and we receive a lot of bad press and unfair attacks from a lot of people. I'm here to de-bunk some of the common myths about real estate agents.

1. Realtors do very little work in order to make a lot of money - The average Realtor does NOT make that much money and can't be considered anything other than middle class. If a Realtor were to work out their hourly wage, it comes out to very little.

2. Realtors never tell the truth - Almost every Realtor I know is an honest, hard working person who will be upfront and honest in every situation. There is no industry that doesn't have a few bad eggs in it, but Realtors are just as honest, if not more honest, than every other professional industry.

3. Realtors charge commissions to do the same thing I could have just done myself - Again, this is simply not true. Realtors are professionally trained to sell your home, have far more knowledge about local laws, the market, the process and are there to help and protect you. Why do people feel that they are just as knowledgable as a Realtor about selling a home, yet go to a lawyer for help with law, go to a doctor for medicine and go to an accountant for accounting? Check out my articles about working with a Realtor to buy your home and working with a Realtor to sell your home.

4. Realtors don't care about their clients - Realtors do care very much about their clients, I place my clients' needs ahead of me receiving a paycheck.

5. Anybody can become a Realtor - While it may not be the most difficult process in the world to become a Realtor, there is an examination and training process that is required. Beyond that, you won't last long in real estate if you are not educated, honest and hard working. So while any one could probably get a real estate license if they want to, to survive in the business you must act as any professional business person would.

Be sure to check out, my personal website if you are looking for a Saskatoon Realtor that fits none of these myths above! Feel free to add any to the list that you think the general public is thoroughly convinced of and need to be de-bunked.



Comments (5)

Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

I am with you 100%, I hate the used car dealer stereo type we get (not that all used car dealers are dishonest).



Mar 28, 2013 10:11 AM
RhondaHeaslip NanaimoRealEstate
RE/MAX of Nanaimo - Nanaimo, BC

Right there with you, Noah...It gets very tiresome when you give your work your all.

Mar 28, 2013 10:15 AM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

IMHO we are our own worse enemy, we put each other down and most agents do nothing in the way of educating the folks

Mar 28, 2013 12:27 PM
RhondaHeaslip NanaimoRealEstate
RE/MAX of Nanaimo - Nanaimo, BC

You make a good point, Charles...We need to work hard on educating the client better.

Mar 28, 2013 12:37 PM
Ted Tyrrell
RE/MAXCamosun (Chatterton) - Victoria, BC
Selling Homes in Beautiful Victoria

This was posted two years ago. Still valid information. 

Jun 27, 2015 08:56 AM