shady brokers
Slimy Realtors Made It Hard for Other Brokers
(post by Dee) This song is getting old. Everywhere I go, people have negative opinions about Realtors. Resistance to use them. They are lazy, shady, and don’t earn their commissions. “What do they do? I can do all of it myself. They will do anything to get your business, and don’t service clients. They are [...]
28Apr2008 | | 1 comment | Continued
Overpriced Property = Antidotum to Selling Real Estate
(post by BT) Ugh, AGENTS, STOP MISLEADING YOUR CLIENTS ON PRICING! I’ve had enough of this crap! This guy has a 2-family house worth about $650,000. His previous agent listed it at a whopping $925K!!! Two weeks later reduced it to $875. Naturally, the listing expired, never sold. That’s why I called him… I asked [...]
22Apr2008 | | 0 comments | Continued
Muscle Realtor
(post by BT) I got a call from an ex-client today. I rented one of her apartments several months ago. Before working with me, she had a misfortune to work with a rouge Realtor. He “forced” her to take a tenant without any credit or background check, and even take less rent than it was [...]
18Apr2008 | | 0 comments | ContinuedMove Over Fiduciary Duty, Hello Greed
(post by BT) I have a client who purchased a property to rehab and sell. Some agents are in this business for so long, that they not only don’t remember the proper rules of engagement, but they even create their own rules. I had an agent give an offer on one of my clients’ properties.
[Now, [...]
No Co-broking for This Broker
(post by BT) A local agent called me about her “open house”. I pull up the local MLS to check it out and don’t find it there. She didn’t even post the listing. Then I noticed realized a pattern. She had had two listings near my office over the last year and [...]
3Apr2008 | | 0 comments | Continued
Section 8 Realtor
(post by BT) I recently received a phone call from a rogue agent with whom I worked on a deal about a year ago. She asked me to see if I had any Landlords that accept Section 8 (subsidized housing paid by the city). “Not at this time”, I tell her. “Well, Hon”, she says, [...]
15Mar2008 | | 0 comments | ContinuedLand for Sale - Broker Games That Kill Deals
(post by BT) A new listing came on the market. It was land for sale. Posting claimed you can build 4 2- family houses. Asking price was $1,250,000. Real market value $1 million. Called one of my clients up (an investor) and told him to check it out. After [...]
13Mar2008 | | 0 comments | Continued
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