Steal Estate

By
Real Estate Agent with LS Rogers Realty

Real Estate is the only Profession that EVERYONE is an expert in.

Imagine watching a late night infomercial on purchasing foreclosured properties for Zero Down and pennies on the dollar.  Sounds good.  No credit required. What? No job necessary. Wow! No license, No experience, No altering your current schedule.  As most Victims say, "SIGN me up!"  You order a couple of instructional videos, scan the internet for (what you believe is) current market value and now deem yourself an expert equipped with a Steal Estate License.

Now you're able to find a $500,000 home for $50,000 by requesting REO Lists from banks or driving through neighborhoods discovering abandoned property or super negotiating Sellers to concede.  And you'll NEVER enlist the services from Agents because they'll just mess up the deal trying to force you to pay more than you have to in order to make more money.

Unfortunately this is the "norm." Many individuals involved in real estate do not have a firm grip on the business of real estate.  It's often viewed as a quick-fix cure to turn a fast buck. It's no wonder why new investors lose their shirt on the first transaction and give up. Why foreclosures are so prominent in certain areas. Those preying in the business of Steal Estate won't last long. Don't get me wrong, the business of Steal Estate is here to stay; much like discounters and part-timers. The faces will change but the illusions of a quick buck will always be fed into and someone's born every second to carry that proverbial torch.

 


 

Buyers or Sellers, if you or Someone you know, is Thinking of Buying or Selling a Home in Richardson or surrounding areas, give me a Call. Experienced Out-of-the-Box Thinking Realtor with Guaranteed Results.

Richardson, Plano, Dallas, Garland, Rowlett, Irving, Mesquite, Dallas County, Collin County

 

Comments (13)

Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

I like that phrase "Steal Estate" I'm going to start using that at my investors clubs meetings, that is just a perfect statement for a lot of people who come to one meeting and leave to get rich and then are back 4 months later to sell their mistake.

Todd Clark, Helping Families Home - www.IFoundYourNewHome.com

Jul 18, 2008 05:16 PM
LS Rogers Realty
LS Rogers Realty - Richardson, TX

TODD Thanks and feel free. Hopefully your one meeting wonders will start to follow your instructions.

Jul 18, 2008 06:34 PM
Robert L. Brown
www.mrbrownsellsgr.com - Grand Rapids, MI
Grand Rapids Real Estate Bellabay Realty, West Mic

I've told investors and buyers you can't "steal" a deal. I tell them i'm not "that" good.

Jul 19, 2008 05:04 AM
LS Rogers Realty
LS Rogers Realty - Richardson, TX

ROBERT How's that working out for you? lol. Thousands of guru's are trying to prove us wrong.

Jul 19, 2008 07:38 AM
* Rate A Home
Rate A Home - Saugatuck, MI

Trunda, I love it, "Steal Estate", that's great. Anyway, I have to agree this will go on for years to come. I had a gentleman pushing the concept awhile back, I was totally lost on his concept, but then again I wasn't really interested in hearing about it, but I listened, well kind of, grin.

Jul 26, 2008 12:22 AM
Lanre-"THE REAL ESTATE FARMER" Folayan
Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

Steal Estate - I really like that term. More than half of these so called guru's do not know anything about the Real Estate Market. Yet they want to talk like they are experts who have been doing it for years. I dont know who they are trying to fool but they need to stop. Have a great weekend Trunda. Great post.

Jul 26, 2008 04:31 AM
DeAndrea "Dee Dee" Jones
Found It, LLC - Manassas, VA
DMVRealEstateChick

You are so right, Investors do not like agents and most agents stay away from investors,  Its ashame that we both want to obtain a property transaction why dont we work better together.  And it boils back down to all the points you mentioned.

Jul 26, 2008 11:36 AM
J Perrin Cornell
Coldwell Banker Cascade Real Estate - Wenatchee, WA
Broker, ABR, VAMRES

I like the term too.

Just remember these two famous quotes...

 1. "A fool and his money are soon parted"

 2. "There's one (sucker) born every minute"

That all the scammers need to keep going.

I remember a blind classified ad that ran several years ago. The first three or four lines talked of all the money to be made in real (steal in theis case) and the last line said "send one dollar before its too late". When shut down they had about a million in cash ;)

Jul 26, 2008 01:06 PM
LS Rogers Realty
LS Rogers Realty - Richardson, TX

DUANE How did the gentleman do? Did his flock make him rich? Or did he actually have a successful run at it?

Jul 26, 2008 08:19 PM
LS Rogers Realty
LS Rogers Realty - Richardson, TX

LANRE Thanks. And you're right, they need to stop.  I suppose if you talk long enough quoting the many industry articles and blogs, you can get by from less informed individuals.

Jul 26, 2008 08:24 PM
LS Rogers Realty
LS Rogers Realty - Richardson, TX

DEE DEE We have tons of agents spinning their wheels with wannabe investors here. It's so funny. By the time they figure out the other is of no value to them, the property is gone.

PERRIN Wow! A million people! Why am I surprised that number is so high?

Jul 26, 2008 08:32 PM
* Rate A Home
Rate A Home - Saugatuck, MI

Trunda, he didn't make it, so he handed all the information over to me, the box is still sitting on a shelf unopened...

Jul 27, 2008 12:41 AM
Larry Sanders
SandersInvestments - Lancaster, TX

Are you talking about me? lmao. I'll talk to you later lady.

Jul 31, 2008 08:06 AM