{"id":632,"date":"2006-11-13T00:14:29","date_gmt":"2006-11-13T07:14:29","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=632"},"modified":"2006-11-13T09:41:23","modified_gmt":"2006-11-13T16:41:23","slug":"632","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/632\/632\/","title":{"rendered":"This is not to suggest that all Realtors are “professionals”"},"content":{"rendered":"

\"ElectronicThe well informed and logical Kaye Thomas wrote:<\/p>\n

It never ceases to amaze me that REALTORS are blamed for prices going up and down in the real estate market. Really, do you think if we had that type of power the market would be where it is now?<\/p>\n

Here’s a secret known only to greedy, unscrupulous REALTORS we have nothing to do with the ups and downs in the real estate market. Buyers and Sellers are responsible. Buyers actually have more power then sellers. Basic market principles of supply and demand determine the market not agents. In the current market Buyers stopped buying when they determined that prices had gone too high. You can’t sell something if no one is buying. Sellers have two choices. Take their property off the market or reduce the price to a point that a Buyer finds value.<\/p>\n

Believe me if I could “make” someone buy or sell real estate whenever I wanted I would make Bill Gates look like a pauper. I would be in my private jet somewhere between Maui and Hilton Head and would always be playing golf on the best courses in the world.<\/p><\/blockquote>\n

Then “Pop” rudely responded with the following:<\/p>\n

Your statements are lies. Clients generally have day jobs, and rely on professionals for good advice when making a purchase. Realtors don’t disclose, and most clients don’t realize, that increases in transaction volume and transaction price are the realtors lifeblood.<\/p>\n

Realtors generally are more than willing to recommend financing sources, especially for that sub-prime buyer.<\/p>\n

Realtors also advised their clients during the multiple contracts spending spree of the past several years. Statements like, “Real estate never goes down.” or “You’d better get in before you get priced out” have strongly contributed to buyers decisions to over-extend themselves. After all, to the average schmuck, Realtors are the experts.<\/p>\n

Realtors certainly know appraisers that will make sure the property meets or exceeds it’s finance target.<\/p>\n

And, most importantly, Realtors (being in sales) certainly have a ripe understanding of the role that emotion and buyer psychology have in setting a price point. Appealing to greed and fear at the margins of the Read more<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

The well informed and logical Kaye Thomas wrote: It never ceases to amaze me that REALTORS are blamed for prices going up and down in the real estate market. Really, do you think if we had that type of power the market would be where it is now? Here’s a secret known only to greedy, […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[8,6,5],"tags":[],"class_list":["post-632","post","type-post","status-publish","format-standard","hentry","category-investment","category-marketing","category-real-estate","no-featured-image"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":272,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/272\/escape-clause-would-help-all\/","url_meta":{"origin":632,"position":0},"title":"Escape clause would help all","author":"Greg Swann","date":"September 1, 2006","format":false,"excerpt":"This is me in today's Republic (permanent link), another chance at infamy:Escape clause would help all Believe it or not, this can be a rabble-rousing column. Sometimes I write about the perils of dual agency or why the buyer is actually paying for everything in a real estate transaction or\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1676,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1676\/in-down-markets-realtors-on-both-sides-of-the-transaction-need-to-step-up-for-their-clients\/","url_meta":{"origin":632,"position":1},"title":"In Down Markets Realtors on Both Sides of the Transaction Need to Step Up for Their Clients","author":"Cooksquared","date":"July 19, 2007","format":false,"excerpt":"As the real estate market begins its tailspin, home buyers and sellers alike need to figure out how to play the real estate game. The time has passed for simply taking the lowest cost provider of real estate services. Realtors on both sides of the transaction must now prove their\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":762,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/762\/who-needs-realtors\/","url_meta":{"origin":632,"position":2},"title":"Who needs Realtors . . . ?","author":"Greg Swann","date":"December 12, 2006","format":false,"excerpt":"I was talking with a reporter yesterday about the idea of disintermediation in real estate. I brought up the question of what is the ideal closing date, just as a quick and dirty illustration of why buyers and sellers need professional advice, even if they think they don't. This morning's\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3033,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3033\/save-a-house-ride-a-realtor%c2%ae\/","url_meta":{"origin":632,"position":3},"title":"Save a House, Ride a REALTOR\u00ae","author":"Dave Phillips","date":"April 28, 2008","format":false,"excerpt":"(If you are not a country music fan, you may have a serious character flaw, but that is the subject of another post on another Blog.\u00a0 For now, here is a video that will help you \u201cget\u201d the title of this post.) Save a Horse, Ride a Cowboy Across the\u2026","rel":"","context":"In "Ask the Broker"","block_context":{"text":"Ask the Broker","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/ask-the-broker\/"},"img":{"alt_text":"reduction","src":"https:\/\/i0.wp.com\/www.towerhobbies.com\/images\/towirlogo_175.gif?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1969,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1969\/stand-by-for-the-real-estate-market-shakeup\/","url_meta":{"origin":632,"position":4},"title":"Stand by for the real estate market shakeup","author":"Russell Shaw","date":"September 24, 2007","format":false,"excerpt":"This is excerpted from today's Inman News: \"RealUmbrella, a new site for home buyers and sellers that launches today in California, will not make many friends in the real estate brokerage industry, but it's not supposed to. At its Web site, the company states that brokers, Realtors and agents that\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"Real-Umbrella-logo","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2007\/09\/Real-Umbrella-logo.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2258,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2258\/real-estate-representation-has-never-been-about-information-brokerage\/","url_meta":{"origin":632,"position":5},"title":"Real estate representation has never been about information brokerage","author":"Greg Swann","date":"November 24, 2007","format":false,"excerpt":"I'm behind on these, but this is a good time to catch up. This is my column from the Arizona Republic from last week. \u00a0Real estate representation has never been about information brokerage As I write this, the National Association of Realtors is holding its annual convention at the Venetian\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=632"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/632\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}