- Sep 9, 2022
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I won't be much help unless you ask good questions.
I will choose what questions to answer. If I won't the reason will be over confrontations most likely.
To state, Today I talked to my daughter who owns two homes. She told me a woman Realtor she had purchased 2 homes using her, she no longer trusts the woman.
1. Salesmen are not Brokers. Salesmen typically had non Real Estate jobs and must learn what to do. The license tests, for sure in CA, are not to teach prospective agents how to sell or pitfalls they encounter as new Agents. Agents owe loyalty to the client. They are a fiduciary. This means they must by law operate as a virtual twin of the client. Clients are not usually skilled at finding good agents. They normally have no training in fact. New agents might likely be perfectly honest. Still the state licencing departments prosecute agents who violate law. Most clients don't think of that.
2. Brokers legally own offices and bring in agents. They and the agent contract to split earnings. CA for instance places the Broker in a hell of a spot. The state lands on a Broker over acts by the agent. This is to try to ensure the Broker who contracts with agents is rigid in law abiding.
3. The best service comes from the Brokers. With exceptions if the Broker happens to break sound business principles or just breaks laws.
I explained to my daughter now that she is not pleased with the agent she used to trust, how to find and use a decent broker. We do not live in the same state. I visit her maybe each 2 years.
Since I can't really do much good on particular properties, thanks to me not seeing them including all of the inside and outside plus the neighborhoods, Should you ask me try first to use PM. I prefer not to expose you on this forum to ridicule or taunts.
First my knowledge. I have been a Agent. I have been a Broker many years. I have been an appraiser with my own firm. I was tested by CA and they licensed me then at the top residential level. I also originated a loan firm. I was the state recognized owner and firm operator. This was done by me for about 10 years.
Now the floor is yours.
I will choose what questions to answer. If I won't the reason will be over confrontations most likely.
To state, Today I talked to my daughter who owns two homes. She told me a woman Realtor she had purchased 2 homes using her, she no longer trusts the woman.
1. Salesmen are not Brokers. Salesmen typically had non Real Estate jobs and must learn what to do. The license tests, for sure in CA, are not to teach prospective agents how to sell or pitfalls they encounter as new Agents. Agents owe loyalty to the client. They are a fiduciary. This means they must by law operate as a virtual twin of the client. Clients are not usually skilled at finding good agents. They normally have no training in fact. New agents might likely be perfectly honest. Still the state licencing departments prosecute agents who violate law. Most clients don't think of that.
2. Brokers legally own offices and bring in agents. They and the agent contract to split earnings. CA for instance places the Broker in a hell of a spot. The state lands on a Broker over acts by the agent. This is to try to ensure the Broker who contracts with agents is rigid in law abiding.
3. The best service comes from the Brokers. With exceptions if the Broker happens to break sound business principles or just breaks laws.
I explained to my daughter now that she is not pleased with the agent she used to trust, how to find and use a decent broker. We do not live in the same state. I visit her maybe each 2 years.
Since I can't really do much good on particular properties, thanks to me not seeing them including all of the inside and outside plus the neighborhoods, Should you ask me try first to use PM. I prefer not to expose you on this forum to ridicule or taunts.
First my knowledge. I have been a Agent. I have been a Broker many years. I have been an appraiser with my own firm. I was tested by CA and they licensed me then at the top residential level. I also originated a loan firm. I was the state recognized owner and firm operator. This was done by me for about 10 years.
Now the floor is yours.
