Me, this morning, at LinkedIn:
The words that are going to matter, when all this #iBuyer nonsense all blows up, are: “Agency with an interest.”
“Totally not a clown! In fact, someday soon I’ll be the guest of honor at thousands of lawsuits!”
Translation: They don’t get to gull their clients to their own benefit, the way other marketers can.
iBuyer with an upgrade? iBuyer with an bridge loan? iBuyer with an upsell to a traditional listing instead?
In which of those scenarios is the iBuyer not blatantly self-dealing.
Want an easy test? Quoting me again, on a huge host of real estate agency issues: “If you have a preference, you have a problem.”
There’s the broker’s duty of supervision in there somewhere, too, but that just seems comical.
In due course, the Designated Brokers at the Realty.bots are going to look a lot like cops this Summer: Fallguys for ploddingly predatory poindexters.
None so deserving, fellas. Unlike the billionaires who made you their bitch, you know the law.
