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The Truth, The Whole Truth and Nothing But . . .? What to STOP in '15

By
Industry Observer with RETIRED / State License is Inactive Inactive License Oregon

The Truth, The Whole Truth and Nothing But . . .? What to STOP in '15

This is my post entry to Grant Schneider's March Contest "What Have You Stopped Doing in 2015?"

Grant has given us several options to base our post on and I'm opting to go with the decision of elimination:

 

You have decided to eliminate something now.

Share with us the process you used to make your decision.

 

This is my post entry and I will preface to say that I am as honest as the day is long.  I don't lie.  I won't start.

But, I won't be telling the truth, the whole truth anymore.  People just do not want to hear it.  And by people I mean: consumers and customers.

In the past, when I'm meeting with potential clients I've been asked all kinds of questions.  Most of them involve solid choices of inquiry which are genuine and sincere.  

But what I'm experiencing now is a "compare and contrast" type of interrogation, and I'm just not going to be playing that game.

 

Q:  Are you part of a group that hears about listings before they come on the market?

Yeah, sure.  {rolling eyes}

That question was asked by a 30-something who seemed to have been impressed when another agent she was "interviewing" blew that smoke line and sinker up her rump.  

Apparently, telling would be buyer clients that you're privy to homes for sale before they are actually FOR SALE is the trending "Hey, look at me, I'm the best agent in the world" hustle here in the Portland Metro real estate market.

A:  Yeah, sure . . . I'm SO CONNECTED to all the inner workings of the Portland Metro real estate underworld . . . why I'm the Illuminati of listings.  I actually know when properties are going to come on the market 3 months in ADVANCE I'm so freaking connected!

Happy now!

Pick me, pick me, pick me.

I can't even begin to get into why the question bothered me so much.  Maybe because any listing agent that plays that crap and only markets listings "in house" or to their selected group or SOI is not -- ABSOLUTELY NOT -- doing their clients any favors.  

This is the screen cap of the Office Exclusive which Sellers need to sign prior to the listing.  

Sure -- keep your listing out of the MLS and have your listing agent NOT expose it . . . and then have some savvy customer ask me the question above.  Do they REALLY want the truth, whole truth?  

No.  No they do not.

They just want to know that they have some kind of Buyers Agent who is doing something super-dooper that the other buyers won't know about.

Do I DARE explain the following when the above questions is asked?:

 

 

Or, how about this:

Q:  Will prices continue to rise?

 

Should I even attempt to tell the truth?

Will prices rise . . . hmmmmmmmm . . . as a licensed real estate agent I didn't know I was a real estate forecaster, real estate economist, or RES (a new real estate designation by NAR:  Real Estate Seer).

Better get out my crystal ball and GAZE.  The crystal ball was provided to all attendees at the end of, and the completion of, the RES course!

But, as a truth teller, I know that home prices may / may not rise.  I know that it's ALL INDIVIDUAL.  It's all specific to area, location, the sellers' goals, the market, the neighborhood . . . on and on.  Will the price rise, compared to what?  Last year's statistical mean of average prices based on original list to actual sold, rounded out to the days on market, combined by the influx of the Dow Jones Average?

The question "Will prices continue to rise?" may seem like a no-brainer . . . but because I actually DO possess one . . . I can think of many variables that might affect that answer.

So, what do I do?  

Do I apply the age-old adage of:  "ask a simple question, get a simple answer" and say "YES," or do I try to explain that . . . oh never mind!

I won't bother getting into the nuances of how and why the market may . . . or may not . . . continue to rise anymore.  I'm just going to give this off the cuff reply:

A:  I'm just the gas station owner.  Will gas prices rise?  Will gas prices fall?  I don't control that and have no idea.  I just sell the gas.

Since I've dedicated 2015 as the Year 20-Serene, I HAVE decided to eliminate something now.  That is telling the truth, the whole truth  . . .  consumers and customers just do not want to hear the truth, the whole truth . . .   They just want their silly questions answered on the level they can comprehend.  I'll gladly comply!

Posted by

 

 

Carla Muss-Jacobs has RETIRED effective May 1, 2018

Representing Buyers in the Portland Metro Real Estate Market | Clackamas Multnomah and Washington Counties | Since 1999

Carla Muss-Jacobs, REALTOR®, ABR, CEBA, ePro
Principal Broker/Owner ~~ INACTIVE

Carla Muss-Jacobs' retirement became effective May 1, 2018

Direct: 503-810-7192 

 

All Rights Reserved © 

Jeff Jensen
The Federal Savings Bank/Lending in 50 states - Greenwich, CT

Some people won't accept the truth.  That puts someone honest at a disadvantage.

Apr 01, 2015 07:39 AM
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Jeff Jensen  -- you are correct sir!

Apr 01, 2015 07:40 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Carla,  You will gladly comply. Let's get real .. haha pun intended.

Many consumers really don't understand the complexities even when we do tell the truth, the whole truth ... it's complicated stuff. That's why we are paid the extreme big bucks to transact real estate. 

We need to know that clients understand the contract and the consequences of not abiding by it and that they generally understand what they are getting into.

Apr 01, 2015 07:48 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

FEATURED IN CRAP-TACULAR


What the TRUTH?

Apr 01, 2015 07:49 AM
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Kathleen Daniels  - thanks for the crappy feature!!    And yes, the truth is out there!  LOL

Apr 01, 2015 07:50 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

If history teaches anything, the truth is the first to go and then everything else follows...One day, that will be reversed. If I know someone can handle the truth, well that is a start. As to how much truth they can handle, each one is different

Apr 01, 2015 08:11 AM
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Carla: The first question is rather intriguing from another standpoint, that some agent has given the impression that by knowing what might come on the market, the buyer will get a "deal" by swooping in there first. It doesn't usually work like that with homes because sellers are very savvy these days. However, I've found that it often does work that way with commercial real estate. About telling the truth? I'm guilty of that. Lost an out-of-area client about 3 years ago who didn't want to hear that there was no market for what he was selling but I would be happy to keep the listing and look after the property. All at no charge because there is always the possibility, right? Now? It's on the second agent after me, and the property looks pretty destroyed. Would I do anything differently? Nope.

Apr 01, 2015 09:13 AM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Carla,

I think instead of ditching the truth, may I suggest simply stop conversing with people who choose to ignore our shared external reality. People who choose to focus completely on their own convoluted thinking instead of the actuality of their current circumstances, often find themselves living in la-la-land far away from reality. Many people "search for answers" by finding and accepting whatever fly-by night nonsense that reinforces their previously made assumptions. They were never looking for the truth to begin with so why participate in their fantasies, by feeding their ego's, just walk on by?

a hui hou,

Apr 01, 2015 10:22 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

People are funny, aren't they?  They ask a question, think they want an honest answer, but if you don't reinforce the reality they want, they move on and leave you behind.

Apr 01, 2015 11:11 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Carla Muss-Jacobs, Principal Broker/Owner

Thanks for your entry into MARCH CONTEST: WHAT HAVE YOU STOPPED DOING IN 2015?  I sometimes feel like telling a client "You want the truth, you can't handle the truth."  Good choice.  Don't play the game.

Apr 01, 2015 11:20 AM
Jack Mossman - The Nines Team at Keller Williams in Lodi
The Nines Team at Keller Williams in Lodi - Lodi, CA
The Nines Team in Lodi

Carla -  Thanks for shedding your perspective on questions that make you want to re-consider your retirement time-line.  Not only is the "secret power" alive and well in Portland, here too you find it often enough to wonder if the code of ethics has been repealed and no one told you!  

Apr 01, 2015 12:23 PM
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Carla Muss-Jacobs, Principal Broker/Owner ,  I have run into a few and know of some that blow lots of smoke.  Then there's the 2 partners that seem to get multiple offer on their listingss, but the other partner always seems to win the bid.

Apr 01, 2015 12:56 PM
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Richie Alan Naggar author PEARLS FOR THE SOUL .com books  -- what's history called when we're currently living in it?  Common sense follows!

Hella M. Rothwell, Broker/Realtor®  - right you are!!  Pity the seller didn't take you up on your offer.

Kimo Stowell REALTOR Associate® -- I'll work with delusional!  LOL

 

Apr 02, 2015 02:32 AM
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Chris Ann Cleland -- unless they are family or friends.  Then we love them just the same.  HA HA HA

Grant Schneider - thanks for the outlet!

Jack Mossman - The Nines Team in Lodi -- you said it right!! YES, and I'm LOL'ing.  My retirement plan was 65 which was a 10 year plan (made when I was 55).  Two years into it . . . all of a sudden I hear myself say "3 to 5 years."  HA HA HA

Apr 02, 2015 02:36 AM
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Larry Johnston -- there's a pattern forming with the brother duo!  Pity, because they may be getting the buyer the "deal" knowing the lowest price the seller will take . . . OR . . . they screw the buyers knowing the highest price they are willing to pay.  There is no fiduciary duties found in your described brothers that blow team.

Apr 02, 2015 02:38 AM
Maria Gilda Racelis
Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington - Manchester, CT
Home Ownership is w/in Reach. We Make it Happen!

You crack me up Carla: I am chuckling because although the scenarios mentioned happen in real life, you tell them with humor. What a woman!!!

 

Apr 02, 2015 09:38 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for sharing . I enjoyed reading the post. I would love to have a crystal ball. 

Apr 04, 2015 06:00 AM
Victoria Ray Henderson
HomeBuyer Brokerage - Washington, DC
Washington DC Real Estate

Just read your post out loud to my husband we had plenty of good laughs!

You are right on target -pocket listings the catchphrase out here in the Washington DC area isn't all that new. Buyers are hoping they could be that super special client who gets a pocket listing it's so ridiculous not to mention wrong and unethical. 

Thanks for the great blog!

Apr 05, 2015 10:01 PM