Many argue that it's our responsibility to try and keep the public calm during this market, and not to further assist in rocking the proverbial boat when it comes to telling folks what kind of numbers are truly happening in any given area. Focusing in on sales price to list price ratios rather than doing the homework and pulling property histories to see what homes originally listed at and ended up selling for as one example. Some conjecture to say that it's our moral obligation not to further create panic thus driving property values down even futher. Indeed that argument is coupled with shades of accusation that go on toward price fixing, making it seem even more to the detriment of all, espcially those who are ethically responsible. Over zealous sales representatives who manipulate numbers in their favor are not Realtors. But if Tony were able to fully disclose his sins to Carmella and their marriage become stronger than ever, then are there really any absolutes?
But ofcoarse. I think the kind of arguements made for NOT "telling it like it is," as listed above are weak, and I think favor that of Realtors who are not ethically responsible. How are consumers on the selling side for example going to make an informed decision when determining a value for their home if we don't lay out all of the facts? For that matter, how are buyers going to make informed decisions on what to make as an offer based upon stats and comps? I think it is important to "tell it like it is," in Real Estate, in fact I think it is our ethical responsibility. It doesn't have to be presented with doom and gloom, it's just fact. "These are the numbers, now... what do you want to do?"
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