Does it mean anything to you?

By
Real Estate Broker with Daytona Condo Realty, 386-405-4408

What do we call the image of the industry, when we are talking about real estate? There is a stereotype of a real estate agent…Many are not really happy with that…In general, it is not flattering. When we know a person better, we know that there are great people, who sell cars, as well as there are honest and diligent people working in government offices, and that there are good real estate agents, I am darn serious, there are…

I imagine that these clichés are different for different people. Here are a couple of clichés that I have when I think of Real Estate professionals.

1.    I do not take seriously part time real estate agents. Of course, I know that there are situations that warrant it. For example, when you are just starting. Stick to a job until you start breaking the ice, and until you are absolutely sure that you love even with all crazy buyers and unbearable Sellers… But in general, I stay away for part timers, unless they are only on referral base…

2.    And second would be that I stay away from real estate agents involved in Multi-Level Marketing. For me it is a sign of failure as agent, the sign that in our industry, where the income is still pretty much defined by us, the need to make money in MLM is a bad sign.

I feel that these agents are treating potential customers just as source of income. Sell her/him something. If not a house, than Legal Aid, or some great skin care products, and/or try to get them sign after you in yet another great pyramid. MLMs have been here for some time now, and not willing to understand, that to make the amount of money so happily offered to you “with no effort on your side”, you would have to steal the nukes from Ahmadinejad and then threaten the world population to sign or die.

 

I understand that often it is a sign of desperation, and I am not to throw stones, we all live in glass houses… I ran into a few word blog,  and it then referred me to the agent’s previous post about a Social Networking site, which is in essence an MLM, I already felt like in a pyramid. It offers “creative Realtors” the chance to make easy money with no stress.

It is nice to think that the agent is so concerned with the wellbeing of agents and brokers, but isn’t he using AR to build the pyramid down?…

 

I always thought that “creative Realtors” can make it in Real Estate.

Am I fighting the windmills? No…I would not object to MLM, if it was done through AR advertising opportunities. That would be fair and honest. You pay for it, and happy creative Realtors either sign or not.

 

Brokers, would you hire agents, who has samples of stuff in the trunk and turns every conversation with a client into an opportunity to sign somebody under them building the Pyramid, which should surpass The Great Pyramid of Giza?

 

Does it mean anything to you? 

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Rainmaker
420,591
Leslie Ebersole
REALTOR - Chicagonulls Western Suburbs
Baird&Warner Fox Valley

Jon, I hope this isn't too dumb a question but what is Multi-Level Marketing? All I can think of is Red Fin which has contacted our agents in our area asking if we will sign up to take business. (We can't). Or am I on the wrong track?

July 31, 2010 04:16 PM
Ambassador
1,303,872
Jon Zolsky
Selling Daytona paradise for heavenly good prices
Daytona Condo Realty, 386-405-4408

Leslie - wow, you should be living in a great part of the country, where you are not bombarded by MLMs?

Here we get offers to start making great money selling Legal Aid, Herbalife products (not sure if they are still in business), Mona Vie, Mary Kay, Amway, and so many others. All come with the promise of income that I have never seen, and over 99% of others (according to the statistics available) never made

Check this: http://en.wikipedia.org/wiki/List_of_multi-level_marketing_companies  

 

July 31, 2010 04:27 PM
Rainmaker
563,876
Mike Saunders
Lanier Partners

John - I just finished contact with "full time" agents, took 6 hours to get a return phone call, only to find out that the property is under contract and has been for a couple of weeks. Of course, you can't tell by the MLS listing.

July 31, 2010 06:58 PM
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1,303,872
Jon Zolsky
Selling Daytona paradise for heavenly good prices
Daytona Condo Realty, 386-405-4408

Mike- I practically do not see part timers here. I guess there are few where you are, so you, like everyone else, has more exposure to FT agents, and they sometime, often times, always (choose what is appropriate or all of the above) can be not great...

July 31, 2010 09:11 PM
Rainmaker
420,591
Leslie Ebersole
REALTOR - Chicagonulls Western Suburbs
Baird&Warner Fox Valley

Jon, I was confused. If you take out the Craiglist junk, I am rarely contacted by anyone who wants me to sell anything but their over-priced house. It must be because I am unhealthy, uninterested in fashion, and generally not very personable. ;-)

Thanks for clearing me up on the lingo!

PS: I fixed the menu thing....thanks for pointing it out.

August 01, 2010 10:28 PM
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