How Much Dis-Information Can One Take?

By
Real Estate Agent with Mapleridge Realty, CT 203-206-0754 REB.0759001

How Much Dis-Information Can One Take?

There is little doubt in anyone's mind that the amount of true information one can find on the Internet is often overshadowed by the dirt peddlers that just post for the purpose of creating havoc. Such is the case with the author of the article warning of real estate agent tricks used to mislead.  First clue to the trash is the choice by the author to use the term real estate agent, and not Realtor® which would have brought NAR down on the author and the rag that paid her for the article.

How Much Dis-Information Can One Take? 

Clients Don't Get The Services They Pay For

In the introductory paragraph the author espouses that all clients pay for an agent's services, which in 99% of the time is not true. Sellers do pay a commission but that is to get the property properly marketed, photographed and sold, and even then no one gets paid if that agent can't get the house sold.

The fees that a selling agent does get paid can be negotiated and the majority of agents are upfront as to what will be charged, how it will be distributed, and if there is to be a negotiation it ends once the contract has been signed and the property goes into the system.

Agents Deliberately Mislead With Property Descriptions

For some agents, myself included, the phrasing to attract a potential buyer to a house can be challenging. There can be issues with a house that require attention and often times they are not discussed except for the Property Condition disclosures , and all that might be offered is property needs some updating or a little TLC

It would seem that the author has had issues with their real estate dealings, or else just spent too much time eavesdropping on someone at the corner coffee shop trying to come up with a title or story that might get a few dollars so they can pay the rent at the beginning of the month.

 

Agents Over Promise and Under Deliver

Yes there are some agents whose manner of doing business is suspect and there was a time before the market implosion of 2008 when agents were behaving like it was the wild, wild west.

But the banks were forced to clean up their acts. Any attempt to collude with an appraiser on an appraisal went south and now all dealings are done through an intermediary so pushing an appraisal is next to impossible.

Real estate clients are encouraged to interview agents to assist in getting the agent that seems to be the proper fit and while it wasn't mentioned in the article, a client can fire the agent with proper correspondence and no money will be exchanged.

Realtor®s are professionals and work to the desires of their clients.  Hours are long, the work requires attention as an error on their part can cause financial repercussions  that will scar families for years.  With these responsibilities and the fact that serious errors on an agent's part can cause them to lose their license, which is their livelihood and even costly litigation.

Any one of these is enough incentive to bring out a person's best behavior and when you ask a professional a question it will not be a line for a story but a knowledgeable, educated answer.

This post is for the Share the Love  February Challenge and a personal response to an article written to caution people of nefarious real estate agents,  The full article can be found here

How Much Dis-Information Can One Take?

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Ed Silva  Mapleridge Realty, LLC,   203-206-0754

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Joe Jackson 02/05/2021 05:49 AM
Topic:
Real Estate General Information
Location:
Connecticut New Haven County
Groups:
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Bananatude
Realtors®
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Tags:
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Show All Comments
Rainmaker
6,221,967
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, Ed, for sharing this perspective.

It is important to have an agent that you can trust to ascertain the facts.

Feb 06, 2021 05:38 AM #23
Rainmaker
4,608,736
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ed, we do have agents here in CO, as it is not mandatory to be a REALTOR from a DOJ lawsuit years ago.    It is tough to read some listings where the LA is puffing beyond belief.

Feb 06, 2021 06:39 AM #24
Ambassador
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Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Roy Kelley   Thanks for stopping

Joan Cox    All should be held accountable, including the authors of bad news articles

Feb 06, 2021 06:45 AM #25
Ambassador
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Huffing and puffing blows the house (deal) down. I'm wishing there were much tougher standards in our industry for behavior and marketing b.s. 

Feb 06, 2021 07:34 AM #26
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Feb 06, 2021 06:11 PM #27
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Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Debb Janes EcoBroker and Bernie Stea JD   Some of the wording that agents use to attract attention makes one wonder.

Kathy Streib  Thanks for the recognition

Feb 07, 2021 04:46 AM #28
Rainmaker
3,899,188
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Ed. If more politicians were as honest and ethical as the vast majority of Realtors, misinformation would not be the problem it is. Then again gullible people exist to be feed misinformation as the gospel truth. Enjoy your day!

Feb 07, 2021 05:29 AM #29
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Ed:

The title alone gives clues to what the author was attempting to do. Well done rebuttle!

Jeff

Feb 07, 2021 11:57 AM #30
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Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Ed Silva So glad Kathy Streib featured this post as I missed it -

Feb 07, 2021 01:30 PM #31
Rainmaker
1,644,217
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

While it is absolutely wrong to paint all agents with the same brush - or all in any profession - there ARE some stinker agents out there!


I say that, because I know a few - and had to work with a few when I was a broker. I recall one who promised the sellers all sorts of marketing, including signeage, open houses, magazine ads, etc. She did none of it. Excuses ranged from "I had to babysit my grandkids" to "I had to take my dog to the vet," to "We had to take a week off for vacation." Another used a photo of a "dorm fridge" with the caption "Gourmet kitchen" and refused to change it - saying it was too much work.

Yep - there are some stinkers. Maybe that's the only kind this writer ever met.

Feb 07, 2021 03:22 PM #32
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Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Wayne Martin   There are words you used in your post that are unfamiliar to too many politicians.

Jeff Dowler, CRS   For any one with a sense of right and wrong it doesn't take much to feel the hairs on the back of the next rise.

 

Feb 07, 2021 04:02 PM #33
Ambassador
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Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Hannah Williams   Betetr late than never?

Marte Cliff   There re bad apples in any barrel but that author has been shoveled a lot of crap and must have liked what she heard.

Feb 07, 2021 04:05 PM #34
Rainmaker
1,199,544
Paula McDonald, Ph.D.
Beam & Branch Realty - Granbury, TX
Granbury, TX 936-203-0279

So true Ed. We live in a lake community. I always roll my eyes when an agent lists a home with a "water view" yet you have to go up to 2nd-floor bathroom, press your face on the far left of the window to see a glimpse of water.

Feb 08, 2021 09:06 AM #35
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

What a wonderful response to Rocky & Kathleen's challenge, Ed! Like the rest of us, when Rocky shared the article, we knew it was about the few bad apples in our profession. You did a great job setting the record straight.

Thank you for participating in this month's challenge!

Feb 08, 2021 01:44 PM #36
Rainmaker
59,465
CANDACE (Candy) STEVENS
Number Cruncher LLC - Overton, NV
Helping Taxpayers Resolve IRS problems

You raised some good points Ed Silva.  Great information.  Thank you for sharing.  

Have a Happy Day!

Feb 09, 2021 11:48 AM #37
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Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Paula McDonald, Ph.D.   That view was only good until the last tree grew out a little further.

Debe Maxwell, CRS  I had to back off my original draft as it was highly volatile.

CANDACE (Candy) STEVENS   Thanks for taking a few moments

Feb 09, 2021 04:23 PM #38
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Hello Ed Silva - I apologize for being so late to this party.  I was miffed reading the article yet, at the core of my soul, I know there are a few real estate agents that do what the article mentions.  Yet, the article read as if we ALL conduct business in such a 💩 manner. 

Thank you for participating in the challenge. 

Feb 10, 2021 06:59 AM #39
Ambassador
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Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Kathleen Daniels, Probate & Trust Specialist   I don't know that one can ever be late to a blog post

Feb 10, 2021 07:29 AM #40
Rainer
521,475
Kimo Jarrett
WikiWiki Realty - Huntington Beach, CA
Pro Lifestyle Solutions

Every industry has challenges including real estate, so,  it's not unusual to see, read or hear about reporting misinformation to the general public.

Growing up, I thought all blondes were dumb until I met more than I could count being more intelligent than I. So, while I was misinformed, I became an informed person who now always validates what he sees, reads or hears about any subject before repeating it to others, don't you? Experience will do that, won't it? 

Feb 10, 2021 10:27 PM #41
Rainmaker
603,298
Mary Hutchison, SRES, ABR
Better Homes and Gardens Real Estate-Kansas City Homes - Kansas City, MO
Experienced Agent in Kansas City Metro area

I feel that misleading MLS descriptions are dangerous.  I didn't see the article you mentioned and THANK YOU for not posting a link!  Sellers are often only concerned with 'commission' as a hard figure and don't understand all the money, research, extra work we do to earn the money.

Feb 11, 2021 08:16 AM #42
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