Are Realtors Inept, Stupid & Completely Worthless..?

By
Real Estate Agent with RE/MAX Compass, formerly RE/MAX WHP

Dear Consumer,

I understand your frustration, disappointment & even your anger about Realtors. You have been let down, lied to, and in some cases stolen from. And I do not feel sorry for most of you.

Let me share this story with you:

I had a computer that was constantly losing memory. It is now with it's 3rd technician. Like you, I know very little about "the industry." In fact, I know nothing about computers except what I've read online. Once in awhile a friend or relative will try to give me advice, but the result is always the same, more frustration. The first COMPUTER TECHNICIAN charged me $250.00 to fix my problem. He told me I had a leaky motherboard and to "throw it away." Unconvinced I took the computer to Best Buy ($150.00) where they simply said they needed to reconfigure my cpu and "wipe it." This would basically delete everything on the hard drive and restore it to day one. Guess what? That didn't work either!!

On the third attempt I dropped it off to yet another technician, referred by fellow Realtor. I was so angry with the entire process that I was determined to get to the source of the problem, no matter the cost..... Finally I was told I had a VIRUS in my BIOS system, whatever the hell that means. My situation was now solved.

I very easily could have said... "all computer technicians are stupid liars looking to STEAL from me," but I did not. To be honest, I'm very, very angry about my experiences, but.... 

---->I have one person to blame for my misery, myself.

I rushed, trusted and didn't do my research when looking for the RIGHT guy to fix my computer. I was stupid, careless and too trustworthy. When I was growing up my parents always warned me to SHOP wisely. They reminded me that only fools make quick impulsive decisions with their money. And they were right.

Now that I've found my trusted computer technician I feel redeemed. If I ever need a computer repair, I'll know who to call. I'll refer him over and over again & even though I'm angry with my past experiences I harbor no ill will towards the industry. I would NEVER consider trying to nickle & dime him as I now know he's worth the money he was paid. I won't rely on my uncle in Nebraska who worked on computers in the 80's as he's "just trying to help."

The moral of the story is simple.

Ask lots and lots of questions before you hire a Realtor. Don't just sign paperwork assuming we are all bred, raised and educated the same. The 80/20 rule applies to our industry as well. I believe you get what you pay for in Real Estate. If you don't do your research than you are asking for potential problems. Learn from other peoples horror stories and not your own.

 

Posted by

 

 
Greg Nino
, Houston area Realtor®.
Helping residential buyers, sellers and tenants 7 days a week.
Available @ 832-298-8555 

RE/MAX Compass (Formerly RE/MAX WHP)

www.GiveMeMyHomesValue.com

www.EverydayHoustonHomes.Com

 

 

The information contained in this blog is believed to be reliable and while every effort is made to assure that the information is as accurate as possible, the author of this blog, and its comments disclaim any implied warranty or representation about it's accuracy, completeness or appropriateness for any particular purpose. All information is copywritten and the property of Greg Nino.  

 

 

 

 

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Re-Blogged 12 times:

Re-Blogged By Re-Blogged At
  1. Robert May 12/22/2009 04:42 AM
  2. Jerri McCombs 12/23/2009 08:19 AM
  3. Mark Rienzie 12/23/2009 08:55 AM
  4. Gabe Sanders 12/23/2009 09:05 AM
  5. Brigita McKelvie 12/23/2009 09:23 AM
  6. Bill Ladewig 12/23/2009 09:38 AM
  7. Monica Hess 12/23/2009 09:59 AM
  8. Joseph Metzler 12/23/2009 05:07 PM
  9. Sandy McAlpine 12/23/2009 05:37 PM
  10. Norma Crouse 12/24/2009 11:15 AM
  11. Ron Largent 12/24/2009 11:20 AM
  12. Gayle Causey 12/28/2009 07:54 AM
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Rainmaker
562,555
Steve, Joel & Steve A. Chain
Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA

Greg,  Congratulations on the Featured post and Merry Christmas.

Steve

Dec 23, 2009 09:55 PM #155
Rainer
62,579
Mary Jo Quay
Remax Advantage Plus - Minneapolis, MN

We go through reams of paper to protect the client.  You have to seriously consider why that would be. 

I've found that it doesn't matter what questions you ask, a shark will give you what you want to hear and then do what they want.  The analogy of a computer repair is stretchign comparison to buying or selling a home.  None of us can defend unprofessional and fraudulent behavior that can lead to the financial ruin of a family as being the client's fault.

Where are the broker's to cull the inept, unprofessional, or totally corrupt agents out of the profession?  We had a local situation where an agent was glorified by his broker for the number of transactions he accomplished.  When there were marches in front of the brokerage against that agent for fraud they still defended him as a powerbroker.  Eventually, the brokerage paid an enormous fine, and the agent is no more.  But, it was the public who had to drive him out.

If we educate our clients on what is in their best interest they may be more able to make good decisions.   That's why first time buyers bring their parents along.

 

 

Dec 23, 2009 11:34 PM #156
Rainmaker
288,956
Vanessa Stalets
RE/MAX Elite - Brentwood, TN
REALTOR, Brentwood TN Homes, Real Estate
Well said! You don't buy a car without researching the make and model, hiring an agent should be even more so as the financial results are the biggest transaction most people ever are involved in!
Dec 24, 2009 07:07 AM #157
Anonymous
Don Hanan

Great analogy!  Choosing the bargain agent with not investigating their credentials as well as being FSBO may become a financial nightmare for the consumer. 

Dec 25, 2009 11:00 AM #158
Anonymous
Mike Schneider, ABR, CDPE

                                        "MUST BE DOIN SOMETHING RIGHT" !!

 I feel An Agent needs to accomplish two major points durning initial "interview".  As it was stated..some consumers don't have a clue what to ask. Realtors need to provide those questions for the consumer, prior to establishing "agency". At the same time...Answers need to be provided as well.

The two major points are: "ME"....Motivation & Education. As realtor is being interviewed, it is just as important for Realtor to interview consumer. First, determine seller's "Motivation factor"...Their need to sell. And secondly, we need to "Educate" the consumer about current local market. Covering those two major components will cover just about all concerns a consumer should have. Design a "FAQ" section in your presentation, just in case you may have missed an issue. This is just a "snapshot" what came to mind after reading your excellant blog and comments it generated.

After surviving 20 yrs of Chicago Region markets, all with Re/Max...I have adopted an appropiate  humurous slogan:   

"In These Parts...More consumers contact Mike Schneider for their Real Estate Needs...why? We don't really know..but he "MUST BE DOIN SOMETHING RIGHT" !

Happy New Year !

www.just-ask-mike.com

www.facebook.com/mikes.friends

www.twitter.com/remaxblog

 

 

Dec 27, 2009 07:57 AM #159
Rainmaker
635,440
Dawn A Fabiszak
Keller Williams Real Estate ( Denver metro area, Colorado - Aurora, CO
The Dawn of a New Real Estate Experience!

Greg,

Thank you for your candidness.  there are so many times I go to the closing table across from a buyer or seller that had been working with a completely incompetent agent.  I just want to scream.  When a seller goes for the bargain agent to save money on the commission, that seller is loosing money on the sale of their home.  When a agent can't negociate a commission for his/herself, how can you expect them to negociate the highest sales price for your home?  The agent just wants to go for the quick sale, get paid and move on to the next one.  That agent isn't making enough money to pay for the extra marketing.  They loose in the long run.

I agree with #144.  Consumers are a little more savy, however....

Nice comment on #155. 

 

 

Dec 27, 2009 09:37 AM #160
Rainmaker
107,498
Dana Devine
Charles Rutenberg Realty - Apollo Beach, FL

but the public doen not listen, good loan officers and Realtor tell the truth, they dont tell the buyer what the buyer wants to hear, they tell the buyer the way it is, but Joe Buyer wants it his way and will search until they find someone that will let them do it thier way and their way screws up and the buyer blames us

Dec 27, 2009 10:48 AM #161
Rainmaker
222,117
Mark Watterson
Salt Lake City, UT
Utah Real Estate

That's a very well written post and many great comments.  Analogys are a great way to advance communication.

Dec 27, 2009 12:54 PM #162
Rainmaker
336,770
Tom Burris
NMLS# 335055 - Dallas, TX
Texas Mortgage Dallas Mortgage FHA

Ask your trusted lender for a rteferral..... they know the inept, stupid and worthless ones. They also know a handful of good ones.

;-)

 

Dec 27, 2009 04:29 PM #163
Rainmaker
973,406
Greg Nino
RE/MAX Compass, formerly RE/MAX WHP - Houston, TX
Houston, Texas

Thank you all (almost all) for your comments, even the ones that disagree. Unfortunately, some adults still act like 14 year olds and they have to have their comments deleted.

The general message is clear and that is you shouldn't judge a professional based on one or two bad experiences. Most Realtors are professional, hard working and even talented at what they do. Sadly, we have our bad apples that shouldn't be categorized with the good ones.

 

Dec 27, 2009 04:31 PM #164
Rainmaker
217,742
Patricia Beck
RE/MAX Properties, Inc., GRI, CDPE - Colorado Springs, CO
Colorado Springs Realty

I liked your post Greg.  You get what you pay for.

Dec 27, 2009 09:45 PM #165
Ambassador
1,043,752
Celeste "SALLY" Cheeseman
Century 21 Liberty Homes - Mililani, HI
(RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE

I like your general message....and if everyone read your whole story they would have comprehended.

Dec 28, 2009 07:48 PM #166
Rainmaker
264,568
Wayne B. Pruner
Oregon First - Tigard, OR
Tigard Oregon Homes for Sale, Realtor, GRI

Great anology Greg. On a side note: I feel your pain! I have only had one guy that ever fixed my computer problems. He gets all my business.

Dec 29, 2009 11:42 PM #167
Rainmaker
144,402
Liane Thomas - Corona & Riverside Real Estate
The Jet Team, Allison James Estates & Homes - Corona, CA
Bringing you Home!

Hi Greg, could use almost any business, car repair, housekeeping, it is always the same. A few bad apples give the business a bad name. I like your "moral of the story", and think it is a good reminder for our consumers.

Jan 02, 2010 07:22 AM #168
Rainer
25,629
Charlotte Stilwell
Century 21 Hardee Team Realty - Magnolia, TX
Broker-Associate

Great advice, Greg!  It's the truth - you DO get what you pay for!!  My parents taught me that if something seems too good to be true, it probably is.  This is why I hate discount brokerages.  Makes it harder for the rest of us!

Jan 05, 2010 01:14 PM #169
Rainer
18,704
Suzanne Metz
Design to Appeal - Medicine Hat, AB

Great article Greg! Many good responses to it also!

Jan 10, 2010 08:37 AM #170
Rainer
130,775
Valerie Sagheddu
Apostle Art Home Staging & Design - Stroudsburg, PA
~Home Staging Professional, Poconos, PA

 

I tell my staging clients this all the time. DO YOUR HOMEWORK!

Jan 16, 2010 09:18 AM #171
Anonymous
Tom

If you want to see what the public REALLY thinks of Realtors....

 

Go to the Google Search box.

 

Type in "Realtors are......"  and look at all of the top choices.

THIS is what's trending on search engines.  THESE are the top search terms.

Realtors have a reputation that is slightly in the gutter, it appears.

Jul 05, 2010 12:39 PM #173
Anonymous
Dr Murray

People who don't earn their worth. Or lazy individuals who steal and cheat as a standard practice.

Apr 27, 2011 06:55 PM #174
Rainmaker
392,529
Inna Ivchenko
Mannis Real Estate Group - Calabasas, CA
Los Angeles / Valley Homes

Every profession has good and bad. There are bad doctors, lawyers, plumbers, teachers, etc.

Do your research. Take your time. Ask questions. Get to know who the person is.

Don't expect that someone will do the full service for less( even if they promise they will).

Do  prepare your property and price it right( a Realtor is not a magician).

Be proactive and be responsible for the choices you made.

Jul 16, 2014 11:36 PM #175
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Rainmaker
973,406

Greg Nino

Houston, Texas
Providing Real Estate Advice 7 days a week!
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