Now, apart from the fact they are probably violating RESPA by offering a referral fee of $200 to agents who cough up private and sensitive information about their clients, these ADT home security companies are alienating agents left and right. Except for the greedy and unethical agents, and let's face it, there are a few of those rotten apples in every profession.
I just changed my email to a new account as I am merging my business, and the existing email account stays with that business. I wanted a new personal email for friends. Well, somehow a rep from an ADT company found my private email address and has begun what generally amounts to a badgering campaign.
First the ADT rep emails to offer the buyer's agent a referral fee and asks for the client's information. They know the transaction recorded because they pull that data, according to Fidelity Title, from the County Recorder's Office. How they get the buyer's agent's name is beyond me, but they do. Then they track down the agent and begin harrassing.
Agents who don't respond to the first email get more after that, still begging for the client's email and phone number. Then, if the ADT rep is lucky, the agent will just fork over that private data. Which lets the rep then call the client and set them up for the ADT scam, which is they promise a free home security system in exchange for a long-term contract for security services. I've never seen anybody pay for a security system. They are always free, but it is not transparent marketing.
It is deceptive. It is the deception I object to.
And the harrassment from the ADT reps. This has got to stop. Which is why I'm writing this blog. The most recent culprit, well, I am reporting him to the Attorney General's office and to HUD as well as the Department of Real Estate. Everybody else should do the same thing. He had the stupidity to ask me to post a review on YELP and he gave me the link, of all idiotic notions.
And while you're at it, here is a new blog today about the disasters that happen when buyers hire inexperienced agents. You can read it in my personal blog today at this link: What Happens if You Do Not Hire a Sacramento Realtor With Experience?