Realtors in Florida

[SC Maintenance]

Probably like mechanics, if you ever find a good one better hang on to them.

Anyway, realtors are consistently rated as one of the least trustworthy professionals. "Estate agents were among the five least trusted professions in 2023, with just 28% of thousands of respondents trusting them to tell the truth."

There is good news: "However, they still fare better than journalists at 21%, advertising executives at 16%, government ministers at 10%, and all politicians at 9%."

https://www.linkedin.com/pulse/estate-agents-remain-among-least-trusted-professions-1ccwf/

 

[Zee09]

Just our world today.
The economy itself brings out the worst in people.. you need to step it up these days just to survive.

 

[alarmguy]

Probably like mechanics, if you ever find a good one better hang on to them.

Anyway, realtors are consistently rated as one of the least trustworthy professionals. "Estate agents were among the five least trusted professions in 2023, with just 28% of thousands of respondents trusting them to tell the truth."

There is good news: "However, they still fare better than journalists at 21%, advertising executives at 16%, government ministers at 10%, and all politicians at 9%."

https://www.linkedin.com/pulse/estate-agents-remain-among-least-trusted-professions-1ccwf/

Here is more misinformation, a perfect example posting a link to a story of estate agents in another country overseas and implying these are real estate agents in the United States

It’s quite clear for anybody who actually clicks on the link and read it instead of commenting on it
Unbelievable …

But don’t worry I’m sure anybody can find a story in the United States to fit an agenda on any subject using social media LOL

 

[SC Maintenance]

Here is more misinformation, a perfect example posting a link to a story of estate agents in another country overseas and implying these are real estate agents in the United States

It’s quite clear for anybody who actually clicks on the link and read it instead of commenting on it
Unbelievable …

Here is another - "A whopping 67.5% of Americans don’t trust real estate agents according to a survey by Choice Home Warranty

I posted the source. You can take it or leave it. And "government Ministers" should have made it pretty clear without clicking, for those that are observant.

https://birdeye.com/blog/real-estat... of Americans,survey by Choice Home Warranty.

 

[alarmguy]

Here is another - "A whopping 67.5% of Americans don’t trust real estate agents according to a survey by Choice Home Warranty

I posted the source. You can take it or leave it.

https://birdeye.com/blog/real-estat... of Americans,survey by Choice Home Warranty.

Find a story for anything that you want and ignore the facts.
So let’s look at the facts no matter what you put in here 89% of the public uses agents.
Now “choice home warranty” ain’t that the absolute perfect accurate statistical information. Come on already, Choice Home Warranty statistics! LOL using an insurance company against a real estate practice! Everyone loves insurance companies, especially the ones where coverage isn’t mandatory

While we’re at it, let’s look at this inconvenient by an actual company that does statistics, oops!

Keep in mind these are selected areas based on the publication posting them contrary to your numbers the best they can come up with is 20% have a low trust or worse.
Who gives a rat? Comes pretty close to statistics that 89% of the population uses an agent and 20% have a low factor which pretty much confirms my numbers.

Source = https://www.forbes.com/sites/niallm...sted-professions-infographic/?sh=a670d327e94e

 

[SC Maintenance]

So let’s look at the facts no matter what you put in here 89% of the public uses agents.

Yep, when I went to sell my house I wanted the biggest crookedest agency to represent me. I have played this game before. If you want to do business in a city run by the mafia your best to be on their protection list.

You espouse your opinion at anyone who disagrees with you and attempt to represent them as being wrong. Except their opinion can't be wrong, its just an opinion.

And I will add that even if we are all wrong and you are correct, its still on the realty profession to correct it. Telling people that there opinions were wrong didn't work for bud lite - and it won't work for realtors either.

 

[SC Maintenance]

Find a story for anything that you want and ignore the facts.
So let’s look at the facts no matter what you put in here 89% of the public uses agents.
Now “choice home warranty” ain’t that the absolute perfect accurate statistical information. Come on already, Choice Home Warranty statistics! LOL using an insurance company against a real estate practice! Everyone loves insurance companies, especially the ones where coverage isn’t mandatory

While we’re at it, let’s look at this inconvenient by an actual company that does statistics, oops!

Keep in mind these are selected areas based on the publication posting them contrary to your numbers the best they can come up with is 20% have a low trust or worse.
Who gives a rat? Comes pretty close to statistics that 89% of the population uses an agent and 20% have a low factor which pretty much confirms my numbers.


View attachment 213807
Source = https://www.forbes.com/sites/niallm...sted-professions-infographic/?sh=a670d327e94e

My issue with this survey. My wife is a high school teacher. Why on earth did she marry me?

Second, at least 8% of respondents were drunk. You figure it out.

 

[alarmguy]

You espouse your opinion at anyone who disagrees with you and attempt to represent them as being wrong.

What a lie, go back and read your statistics that you originally posted. Statistics from the UK posted by LinkedIn and then you of all people post this about me?
Just another inconvenient truth is all I post. It is you who espouses your opinion when you are corrected on your incorrect misleading post taken from a survey in another country that then seeks to justify it using a survey by a Home Insurance Company. Then discredits me because I post an actual survey based on a respected statistic company with no agenda.
Im not representing you as wrong, I am telling you you are wrong, anyone in here just needs to read your incorrect statement based on a survey about real estate agents done in another country. Instead of admitting the mistake you seek to further justify it with another survey posted by a Home Warranty Company.

All I did was post facts in the USA.

 

[SC Maintenance]

What a lie, go back and read your statistics that you originally posted. Statistics from the UK posted by LinkedIn and then you of all people post this about me?
Just another inconvenient truth is all I post. It is you who espouses your opinion when you are corrected on your incorrect misleading post taken from a survey in another country that then seeks to justify it using a survey by a Home Insurance Company. Then discredits me because I post an actual survey based on a respected statistic company with no agenda.
Im not representing you as wrong, I am telling you you are wrong, anyone in here just needs to read your incorrect statement based on a survey about real estate agents done in another country. Instead of admitting the mistake you seek to further justify it with another survey posted by a Home Warranty Company.

All I did was post facts in the USA.

I simply have posted my opinions, experiences, and some survey opinions of others. I even included the links and didn't post to anyone in particular - like I said you can take it or leave it.

When I post one from the USA you take exception to it as being from a source you don't like.

The one you posted was 5 years old and only surveyed 1025 people - so its hardly definitive either.

Anyway, its an internet forum and I am simply posting my opinion. Your welcome to it, or not.

 

[demarpaint]

Maybe we are the company we keep?
Tens of millions in property I moved on Long Island, I would be hard pressed to come up with a handful who gave me a bad review.

With that said, "Maybe we are the company we keep?" that you had such bad luck?
Because if they all had the same experience, why did they use an agency?
Facts are facts, 89% do. I do understand some feel they cant afford it but we all pay for services. Heck, without going into details I know not one but two homes sold on Long Island, not far from your neck of the woods, do you think they care about the $55,000+ commission on their 1+ million dollar homes? Not even a thought on their minds, it's a service they can afford.

No feathers ruffled here, same people trash all kinds of service companies, employees, ATTORNEYS, contractors yet they still use them, interesting. I think it's mostly jealousy based on income assumptions.

You quoted me from September, I forgot about this thread. Coincidentally I went to check out a house today for my buddy's son, we were supposed to go a few days ago but it was pushed off due to the seller being sick. The experience reinforced my observations and experiences, yet again. Before I start I did say not all brokers are bad in my post way back. Jealousy based on income assumptions, not the case here. I call it like I see it. I wanted to sell houses professionally I could have. I did it privately. And once again not all brokers are bad! The same can be said for the other occupations you mentioned.

In any event my buddy's son went with the broker's engineer, nice guy, but it was clear at the end he worked for the broker when I flagged the roof. He said yea it needs a roof. Almost instantly the broker and the engineer said at the same time, "you know it's a seller's market.' True to a point. In English that means don't try negotiating the price down for the roof. I laughed and we left. Mistake #1 was I told my buddy to tell his son not to hire an engineer until after I walked through the house, mistake #2 don't use an engineer recommended by the broker. I told him at lunch if the seller isn't willing to pay for a roof, walk away from the deal, they already had two deals fall through. That was a mistake on the broker's part, she told my buddy's future daughter in law two deals fell through. Many people in sales should learn how to sell, they'd do a lot better and not PO people.

 

[alarmguy]

You quoted me from September, I forgot about this thread. Coincidentally I went to check out a house today for my buddy's son, we were…

In any event my buddy's son went with the broker's engineer, nice guy, but it was clear at the end he worked for the broker when I flagged the roof. He said yea it needs a roof. Almost instantly the broker and the engineer said at the same time, "you know it's a seller's market.'

oops did realize this was Sept.
I’m also curious was the agent a buyers agent working under contract for your buddy?
Last I knew NY metro area was still screwed up in this sense
Meaning most agents work for the seller

 

[demarpaint]

oops did realize this was Sept.
I’m also curious was the agent a buyers agent working under contract for your buddy?
Last I knew NY metro area was still screwed up in this sense
Meaning most agents work for the seller

Both agents were there, the agent I was referring to was the agent showing my buddy's son and future DIL houses. FTR my comments are in no way, shape, or form directed at you. My comments are based on my experiences, and 45+ years [God did that go fast] working in thousands of homes and sharing war stories. Just interacting with you here over the years gives me the impression that you are a standup guy.

 

[alarmguy]

Both agents were there, the agent I was referring to was the agent showing my buddy's son and future DIL houses. FTR my comments are in no way, shape, or form directed at you. My comments are based on my experiences, and 45+ years [God did that go fast] working in thousands of homes and sharing war stories. Just interacting with you here over the years gives me the impression that you are a standup guy.

I understand, thanks.
I was questioning who your friends agent was working for. The homeowner or your buddy.
On Long Island it used to be anyone showing a house to a buyer was working for the seller. Technically the seller had tow agents working for them. The buyers were always the customer, yet buyers always wrongly assumed the agents worked for them.

That started changing around 2005.
Being I dont live there anymore. I still think much is the same way but Im not sure.
Your buddy would know, he had to sign a paper stating "agency" detailing if your buddy's agent was working for your buddy or was working for the homeowner.
Buyers on Long Island always assumed because they were being shown homes by an agent that the agent was their friend and working for them. That was 100% incorrect, in fact it was the duty of the agent showing the buyer homes to report anything of substance to the seller that might improve the sellers position in bring about a sale at the highest possible price. Not until sometime after 2002 ish did some companies start representing buyers. I was intimately involved with bring about this change (options) for the buyer but not wanting to say more than that.

Traditionally on Long Island both agents ALWAYS worked for the homeowner. The buyer was the customer, the seller ALWAYS the client. Until some agencies started to force change on Long Island in order to properly be able to represent the buyer.

 

[Zee09]

Realtors came off a whirlwind of sales unlike most have ever seen .
If they didn't prepare for the bad days that usually come and go like a roller-coaster, shame on them.
Nobody saves for a rainy day anymore .

 

[demarpaint]

I understand, thanks.
I was questioning who your friends agent was working for. The homeowner or your buddy.
On Long Island it used to be anyone showing a house to a buyer was working for the seller. Technically the seller had tow agents working for them. The buyers were always the customer, yet buyers always wrongly assumed the agents worked for them.

That started changing around 2005.
Being I dont live there anymore. I still think much is the same way but Im not sure.
Your buddy would know, he had to sign a paper stating "agency" detailing if your buddy's agent was working for your buddy or was working for the homeowner.
Buyers on Long Island always assumed because they were being shown homes by an agent that the agent was their friend and working for them. That was 100% incorrect, in fact it was the duty of the agent showing the buyer homes to report anything of substance to the seller that might improve the sellers position in bring about a sale at the highest possible price. Not until sometime after 2002 ish did some companies start representing buyers. I was intimately involved with bring about this change (options) for the buyer but not wanting to say more than that.

Traditionally on Long Island both agents ALWAYS worked for the homeowner. The buyer was the customer, the seller ALWAYS the client. Until some agencies started to force change on Long Island in order to properly be able to represent the buyer.

I'll ask him. I told them to hold off on the inspector, and to get an inspector of their own, after I saw the house. When I got there the inspector was there. He was referred by the broker, that became apparent when we were standing outside after the inspection talking. In any event I got a text last night that they decided against the house. He's out the money for the report, going forward I'll look at the house first. If I were a gambling man I'd bet both brokers were working together to sell the house. That's how it appeared to me, it was quite obvious yesterday. After all if they don't sell houses they don't eat, that same logic can be applied to just about everything being sold when the salesperson is working on straight commission. In any event with a little more time and patience they'll find another place.

 

[Tharber]

I generally always forbid my agents from recommending any inspector for any property or anyone for repairs. The client is always better off choosing their own person and then that eliminates what the above is going through as well limits the liability of the agent and broker. There are many agents out there that think that by offering up names and referrals that it helps the clients but I had always disagreed. I did however have a few inspectors that were not allowed on my properties due to their tactics and under educated comments. An inspection is not used as a negotiating technique. It is there to proetct both buyer and seller. A good seller and a good listing agent will understand if someone finds a serious defect that it needs to be repaired, if not for the original buyer but for the next buyer. Once a defect is found, it needs to be disclosed in the future.

 

[SC Maintenance]

I generally always forbid my agents from recommending any inspector for any property or anyone for repairs. The client is always better off choosing their own person and then that eliminates what the above is going through as well limits the liability of the agent and broker. There are many agents out there that think that by offering up names and referrals that it helps the clients but I had always disagreed. I did however have a few inspectors that were not allowed on my properties due to their tactics and under educated comments. An inspection is not used as a negotiating technique. It is there to proetct both buyer and seller. A good seller and a good listing agent will understand if someone finds a serious defect that it needs to be repaired, if not for the original buyer but for the next buyer. Once a defect is found, it needs to be disclosed in the future.

Good advice.

First house I bought I got my realtors inspector, whom she raved about how great he was. I was wise enough to be there when he did the inspection. I have forgotten more than that guy will ever know.

Second house was new construction. Everyone in the "biz" told me I did not need an inspector. I hired my own - a good one, he was not cheap. He found a couple minor structural things - paid for himself. The builder was happy to fix them because it was his incompetent subs to begin with - so they got to fix it for free.

 

[Zee09]

I have no issue supporting or recommending a great agent. I have one now that earns every dime.

 

[Tharber]

I'll make a long story short. I also held a GC license as well as one of the 1st licensed home inspectors in FL.
Many years ago wife and I were looking at a former model home (yes I hired a residentail agent). I decided to hire a home inspector instead of me doing and I am so glad that I did. The house had severe structural defects in that the foundation was sinking on threee sides at the footers, meaning sides were dropping off. The house would have required that 23 some odd 'piers' be installed to support the foundation. Apparently, the builder built on top of dirty fill and it was settling. He had also sold it off to an investor who was actually selling the property and in doing so that transaction voided any home builder warranties.

My arrogance and blindness to the home would have never allowed me to see those defects, so it was a $1M plus lesson to me to allways pay for someone better than me at any given task.

 

[alarmguy]

... If I were a gambling man I'd bet both brokers were working together to sell the house. That's how it appeared to me, it was quite obvious yesterday. After all if they don't sell houses they don't eat, that same logic can be applied to just about everything being sold when the salesperson is working on straight commission. In any event with a little more time and patience they'll find another place.

That is why I asked about agency. Traditional Long Island Real Estate was always done where the agents/and brokers work for the seller in a client relationship. That means for those who do not know, the buyer is a customer.
It's the job of both agents to work in the best interest of the seller and if they didnt, the seller could actually have a legitimate lawsuit.
This means anything and everything they can find out about a buyer that puts the seller in the best possible position for the highest price is the law (client relationship) All information and discussions with the buyer that would help the seller is to be disclosed.

The buyer is the customer and is owed nothing except honesty and cannot offer to the buyer any information about the seller that would put the seller at a disadvantage and that means almost anything, except a buyer could ask if there was a murder in a house, they would have to answer honestly and of course they could not cover up defects as that is called fraud..

At the time of the offer, preferably at first meeting this was disclosed to your friend, however, I haven't been back on Long Island in gosh almost 16 years now, when I left things were changing and I was involved in that change to represent buyers as clients is all I will say.
Typically I always worked in a client relationship which meant my main business was only with sellers except when a buyer contacted me about buying one of my clients homes, it is an agent duty to inform them, educate them and have them sign off on exactly what being a buyer customer means VS a buyer client. A buyer customer is owed no loyalty as the agent does not in anyway work for them, they are the customer.

I think I know about what town you were in, being close to anything labeled New York City, meaning Queens, was a zoo. True, agents there ignored all proper procedures, I used to in some cases defend my sellers in Nassau county from their tactics. But that is due to lack of enforcement. I liked the challenge though. I would bury them if they tried to pull anything out of line. I also listed homes in Queens and the border areas for people I sold homes to in more eastern Nassau County and Western Suffolk.