Whats Up With These Realtors

IMO, I think that if you want to sell, really really sell then you have to have one of the best prices compared to others in the area. Unfortunately what I have seen is the low prices are selling. People are calling and wanting to know the "bottom 3 houses" as far as price (or price per square foot), in the subdivision I market. I have seen them make an offer on the lowest, If the seller does not bite then they move to the next lowest. Some people only want a good deal and dont care if one is located closer to the water, pool, etc. Personally, I think the comment below was out of line. If you have property and want to sell it, right now then it needs to be priced right. The seller may think their property is worth more but right now the numbers show otherwise. **** Realtors can not birth a buyer****

since when did the realtor become the apraiser?

It is my belief this type of behavior is artificially driving the prices down because the Realtor has forgotten his fiduciary responsibility to his client and in return is looking out for good old number one.

I do hope future home owners read these sites to see if the Realtor they think they want is that type of Realtor.

You are in sales so do your job and quit trying to make an easy buck for you and try in some way to look out for your client.

Any fool can give a diamond away,but a jeweler Will get what it's worth.

2bfabian -
Judging by the rambling nature and number of your posts you have plenty of INTERNET access and free time - use it to do some legwork and INTERNET research. You can access the MLS, property appraiser's website, listings etc. on-line. Might even be able to find a Realtor you approve of.

A price is only too high if no one is willing to pay it!

Real estate was like a gold rush, so along w/ shady contractors we got shady Realtors - hopefully the current market will weed those out.

I am quite satisfied with my present Realtor. Thank you for your condescending remarks and you have a nice day.

I hope you don't mind that I corrected your spelling mistakes.

since when did the realtor become the apraiser?

I am quite satisfied with my present Realtor. Thank you for your condescending remarks and you have a nice day.

I hope you don't mind that I corrected your spelling mistakes.

It is my belief this type of behavior is artificially driving the prices down because the Realtor has forgotten his fiduciary responsibility to his client and in return is looking out for good old number one.

You are in sales so do your job and quit trying to make an easy buck for you and try in some way to look out for your client.

Any fool can give a diamond away,but a jeweler Will get what it's worth.

Making friends in here too, I see. You really should quit while you're ahead.

Any fool can list property in Red Bay, but a REALTOR? will advise him what it's really worth.

It is my belief this type of behavior is artificially driving the prices down because the Realtor has forgotten his fiduciary responsibility to his client and in return is looking out for good old number one.

Any fool can give a diamond away,but a jeweler Will get what it's worth.

2b, I take my duty to my sellers quite seriously, thank you. Lately, I've spent a good deal of my time first trying to get owners not to list property, given that we have so much inventory and so many "bottom-fishing" buyers out there.

But if they want, or need, to sell .... well, then a property's worth what someone will pay. This old adage really is true, for most of the universe -- but apparently not for you, since no one in this thread has gotten you to come off your feeling that we Realtors are artificially driving prices down, so that we can simply line our own pockets.

As BobbyJ used to say here, before he got fed up, if someone HAS to sell in the near term -- and some people do, like it or not -- then even the most skilled "jeweler" is going to have a hard time getting more that the thing is actually worth.

Why do you take such rabid exception to this?

2b, I take my duty to my sellers quite seriously, thank you. Lately, I've spent a good deal of my time first trying to get owners not to list property, given that we have so much inventory and so many "bottom-fishing" buyers out there.

But if they want, or need, to sell .... well, then a property's worth what someone will pay. This old adage really is true, for most of the universe -- but apparently not for you, since no one in this thread has gotten you to come off your feeling that we Realtors are artificially driving prices down, so that we can simply line our own pockets.

As BobbyJ used to say here, before he got fed up, if someone HAS to sell in the near term -- and some people do, like it or not -- then even the most skilled "jeweler" is going to have a hard time getting more that the thing is actually worth.

Why do you take such rabid exception to this?

Dear Jimmy,

I see your point even though you think I don't. And yes I realize that not all Realtors are shrieking their fiduciary responsibilities.

Even though I have on many occasions said that this is nothing more than a argument that I am posing. I am sorry if some are taking it personal. If you don't conduct business like this then disregard. But if you do then I would say that this is not the way to go about to make a buck.

I am comforted by the statement that you made that you advise some of your homeowners that if they do not need to sell to hold off because this does artificially depress an already depressed market which is what I have tried to advised many to do.

Thank you for your insightful comments.

Please note that I realize this is a Realtors message board and many sellers and buyers read these messages. I am trying to speak for those who up until now have not had a voice and that is the homeowner.

Out of all the comments on this board I have heard very few Realtors take up for homeowners. Note I said very few not all.

Dear Jimmy,

I see your point even though you think I don't. And yes I realize that not all Realtors are shrieking their fiduciary responsibilities.

Even though I have on many occasions said that this is nothing more than a argument that I am posing. I am sorry if some are taking it personal. If you don't conduct business like this then disregard. But if you do then I would say that this is not the way to go about to make a buck....

I must chime in here, and point out that most Realtors in this area are not representing their customers as a ficuciary. You might want to look that word up along with some other FL real estate terms, like Single Agent, Transaction Broker, No Brokerage, and Dual Agency (dual agency is illegal in the state of FL). Even your very own Realtors for your Red Bay property do not represent you as a fiduciary.

So, before saying that "Realtors are shrieking their fiduciary responsibilities," doesn't make much sense, since most of them are representing sellers as Transaction Brokers, in order to be able to have other agents within their company show their listings. ;-)

I believe they teach this in Real Estate 101. ;-)

shirking??

Plenty of homeowners, buyers, and sellers have been posting and interacting on this board for a long time before Mr. Fabian appeared on the scene.:roll:

Dear Mr. 2b,

Thank you for your post. I have a question for you. Do you think you have made your point and it is time to move on? I look forward to your comments.

Plenty of homeowners, buyers, and sellers have been posting and interacting on this board for a long time before Mr. Fabian appeared on the scene.:roll:

But aren't you glad the final word has been posted :banging: by fabian?. We can all rest easy now.

Dear Mr. 2b,

Thank you for your post. I have a question for you. Do you think you have made your point and it is time to move on? I look forward to your comments.

Miss K. The horse is dead!

I'm waiting for some tangenticization ................. pretty please.😀

.

since when did the realtor become the apraiser?

I never said that I was an appraiser

It is my belief this type of behavior is artificially driving the prices down because the Realtor has forgotten his fiduciary responsibility to his client and in return is looking out for good old number one.

I do hope future home owners read these sites to see if the Realtor they think they want is that type of Realtor.

You are in sales so do your job and quit trying to make an easy buck for you and try in some way to look out for your client.

Any fool can give a diamond away,but a jeweler Will get what it's worth.

:roll: :roll: good grief, I am tired of defending myself to you. I know how I am as an agent and I know how my clients feel about me. So I dont care what you think....

I am quite satisfied with my present Realtor. Thank you for your condescending remarks and you have a nice day.

I hope you don't mind that I corrected your spelling mistakes.

Oh and speaking of spelling mistakes, APPRAISER.....😀 LOL!;-)

Is it just me or do you feel your realtor is selling you a pile of g___

What are you trying to sell?

I must chime in here, and point out that most Realtors in this area are not representing their customers as a ficuciary. You might want to look that word up along with some other FL real estate terms, like Single Agent, Transaction Broker, No Brokerage, and Dual Agency (dual agency is illegal in the state of FL). Even your very own Realtors for your Red Bay property do not represent you as a fiduciary.

So, before saying that "Realtors are shrieking their fiduciary responsibilities," doesn't make much sense, since most of them are representing sellers as Transaction Brokers, in order to be able to have other agents within their company show their listings. ;-)

I believe they teach this in Real Estate 101. ;-)

Thank you for those constructive comments. I did not know that.

I must chime in here, and point out that most Realtors in this area are not representing their customers as a ficuciary. You might want to look that word up Even your very own Realtors for your Red Bay property do not represent you as a fiduciary.

fiduciary n. from the Latin fiducia, meaning "trust," a person (or a business like a bank or stock brokerage) who has the power and obligation to act for another (often called the beneficiary) under circumstances which require total trust, good faith and honesty. The most common is a trustee of a trust, but fiduciaries can include business advisers, attorneys, guardians, administrators of estates, real estate agents, bankers, stockbrokers, title companies or anyone who undertakes to assist someone who places complete confidence and trust in that person or company. Characteristically, the fiduciary has greater knowledge and expertise about the matters being handled. A fiduciary is held to a standard of conduct and trust above that of a stranger or of a casual business person. He/she/it must avoid "self-dealing" or "conflicts of interests" in which the potential benefit to the fiduciary is in conflict with what is best for the person who trusts him/her/it. For example, a stockbroker must consider the best investment for the client and not buy or sell on the basis of what brings him/her the highest commission. While a fiduciary and the beneficiary may join together in a business venture or a purchase of property, the best interest of the beneficiary must be primary, and absolute candor is required of the fiduciary.

fiduciary n. He/she/it must avoid "conflicts of interests"

Shelly, the conflicts of interest is the primary concern according to the law, regarding fiduciares. While a Realtor can represent a seller as a fiduciary (Single Agent Brokerage Relationship), no other agent working for the listing agent's brokerage company can show that listing, unless the seller agrees, in writing, to transition to a Transaction Brokerage Relationship, thereby loosing that fiduciary. The goverment's reason for this requirement is that they say an agent cannot have loyalty to two opposing sides in a transaction (potential conflict of interest). Since the Broker, not the agent, owns the listing, the gov't sees all of the agents in that brokerage as the same, even if they don't work in the same office and have never met each other.

"I'm not not your agent" a/k/a "I'm not your fiduciary" .... this is presumed under Florida law for customers who begin working with a real estate licensee, though we are also required to disclose same to the customer ( Florida Statutes Sec. 475.278 http://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=Ch0475/ch0475.htm )

Different states have developed various methods to inform & protect the consumer, especially over the past 20 years or so, because the buyer used to always think I was working for her, when in fact (20 years ago) I was almost always an agent or subagent of the seller.

The transaction broker that this State presumes me to be still has to deal squarely:

1. Dealing honestly and fairly;

2. Accounting for all funds;

3. Using skill, care, and diligence in the transaction;

4. Disclosing all known facts that materially affect the value of residential real property and are not readily observable to the buyer;

5. Presenting all offers and counteroffers in a timely manner, unless a party has previously directed the licensee otherwise in writing;

6. Limited confidentiality, unless waived in writing by a party. This limited confidentiality will prevent disclosure that the seller will accept a price less than the asking or listed price, that the buyer will pay a price greater than the price submitted in a written offer, of the motivation of any party for selling or buying property, that a seller or buyer will agree to financing terms other than those offered, or of any other information requested by a party to remain confidential; and

7. Any additional duties that are mutually agreed to with a party.

Furthermore, when you work with a Realtor (a member of the National Association of Realtors), you're working with someone who's pledged to follow a Code of Ethics that's evolved over 97 years, and who voluntarily holds himself to standards of professionalism that go above and beyond the law.

fiduciary n. from the Latin fiducia, meaning "trust," a person (or a business like a bank or stock brokerage) who has the power and obligation to act for another (often called the beneficiary) under circumstances which require total trust, good faith and honesty. The most common is a trustee of a trust, but fiduciaries can include business advisers, attorneys, guardians, administrators of estates, real estate agents, bankers, stockbrokers, title companies or anyone who undertakes to assist someone who places complete confidence and trust in that person or company. Characteristically, the fiduciary has greater knowledge and expertise about the matters being handled. A fiduciary is held to a standard of conduct and trust above that of a stranger or of a casual business person. He/she/it must avoid "self-dealing" or "conflicts of interests" in which the potential benefit to the fiduciary is in conflict with what is best for the person who trusts him/her/it. For example, a stockbroker must consider the best investment for the client and not buy or sell on the basis of what brings him/her the highest commission. While a fiduciary and the beneficiary may join together in a business venture or a purchase of property, the best interest of the beneficiary must be primary, and absolute candor is required of the fiduciary.

Thank you shelly, I thought so,but I wasn't sure.

You are always courteous and helpful. I thank thank you for being this way, even if we disagree sometimes.

I do value your input.

Shelly, the conflicts of interest is the primary concern according to the law, regarding fiduciares. While a Realtor can represent a seller as a fiduciary (Single Agent Brokerage Relationship), no other agent working for the listing agent's brokerage company can show that listing, unless the seller agrees, in writing, to transition to a Transaction Brokerage Relationship, thereby loosing that fiduciary. The goverment's reason for this requirement is that they say an agent cannot have loyalty to two opposing sides in a transaction (potential conflict of interest). Since the Broker, not the agent, owns the listing, the gov't sees all of the agents in that brokerage as the same, even if they don't work in the same office and have never met each other.

I did not know this. This is good information to know and I thank you for your response.

Thank you shelly, I thought so,but I wasn't sure.

You are always courteous and helpful. I thank thank you for being this way, even if we disagree sometimes.

I do value your input.

2b,

Since you're so interested in Realtors, you may want to watch CBS's 60-Minutes tomorrow night (Sunday, May 13, 2007) which will include a segment about the Real Estate Industry. The National Assn of Realtors put out a "Publicity Alert" to its members which states in part, "Be glad it's Mother's Day and the show will probably draw fewer than its average 14 million viewers."

Makes ya kinda want to set up the ole Tivo. :cool:

http://blog.seattlepi.nwsource.com/venture/library/60minutes.pdf

Shelley,

This post is completely UNRELATED to the topic at hand - and I have been absent for a while - HOWEVER - I have been reading posts where it is affirmed matter of factly that you are a 'he' and not a 'she'???? Did I miss something or is it just wild guessing on everyone's part???

And btw: you will hopefully one day reveal your true identity - I think I speak for many on this board that many of us would like to meet you and we respect your arguments and intelligence, even if we may not always agree......

If you are a 'she' and a mother - Happy Mother's Day!!!!

Miss K. The horse is dead!

I'm waiting for some tangenticization ................. pretty please.😀

.

Stuff like this always brings a smile on my face.

Shelley,

This post is completely UNRELATED to the topic at hand - and I have been absent for a while - HOWEVER - I have been reading posts where it is affirmed matter of factly that you are a 'he' and not a 'she'???? Did I miss something or is it just wild guessing on everyone's part???

And btw: you will hopefully one day reveal your true identity - I think I speak for many on this board that many of us would like to meet you and we respect your arguments and intelligence, even if we may not always agree......

If you are a 'she' and a mother - Happy Mother's Day!!!!

Thank you for your aways kind remarks,

I am a he,and I would like you to know it has been enjoyable to read your comments of this message board.

I find you to be intelligent,courteous, and thoughtful when writing your post. Furthermore it has been interesting to say the least, on reading many of the other comments on this board.

Thank you for your aways kind remarks,

I am a he,and I would like you to know it has been enjoyable to read your comments of this message board.

I find you to be intelligent,courteous, and thoughtful when writing your post. Furthermore it has been interesting to say the least, on reading many of the other comments on this board.

She wasn't talking about YOU!!!!!!:bang: