These Bedfellows are Not Good for Homeowners

By
Mortgage and Lending with Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 NMLS # 6869

Where is NAR? – National Real Estate Post

Full disclosure, I am not a fan of Opendoor, Zillow or any of the ibuyer platforms. I have seen ibuyers purchase properties from clients that wanted to sell quickly and it cost the sellers thousands of dollars. I have seen many of these agreements, the fees really hurt the sellers.

Believe me, I can understand wanting to sell quickly, but at what cost?

I’m sure you would agree that a local Realtor will most always get a seller the most money for their home? Wouldn’t you agree?

Listen to NERP’s Joanna Lockhart in this video explaining the recently announced OpenDoor and Zillow partnership.

I truly don’t understand NAR and haven’t for many years. What I understand even less is why Realtors do business with Zillow? Realtors give them millions, access to all the listing? Help me understand???

I paid dues to NAR for many years. To me, it looks like they are working for Zillow, and they collect dues from you.

Again, help me understand??

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comments (2)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Joe - I have gotten so many of these solicitations form these so called i buyers.  First of all, I am not selling and if I were I would choose my trusted advisor Realtor.

Aug 15, 2022 06:48 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Joe... I wish I could provide an answer to your question. But then, I ask myself that question regularly. I consider the requirement to be a member of the NAR and to keep paying them dues a form of enforced unionization.

Aug 15, 2022 08:16 AM