REALTORS should stop the "FAKE IT TILL YOU MAKE IT" mentality

[Logan M.]

Real estate is a HUGE industry. I won't name all the different asset classes but each asset class can be broken down three to four times.

My biggest frustration is the idea that agents are okay to FAKE IT TILL YOU MAKE IT. 

In fact, our division of real estate says that this is against your fiduciary responsibility, and yet it happens every day.

My biggest example is within my niche, mobile home parks. On a daily basis, I check every source I know of for mobile home parks in my target market. I see agents valuing parks using all of the wrong metrics. They set a false expectations for the sellers and market the community just like any other multifamily property.

I am not saying a new agents can't work through transactions but I am saying that unless you or your broker know what they are doing and you can give competent advice, don't take the listing.

Learn your craft and put in the time it takes. If you can't do a good job then again don't take the listing/buyer!

[Patricia Steiner]

This is a trigger for me; the incompetency is overwhelming. Housingwire ran an article on the epidemic of stupidity (my words, not theirs) for both realtors and loan originators - and how the incompetency has negatively impacted markets.  I simply cannot escape these people. So, rather than to go off the deep end here, I would like to share the following with my fellow BP investors:

If you have made a lot of offers and not had one accepted, it could be due to your realtor. 

If you requested a showing and couldn't get in, it could be due to your realtor.

If the seller/seller's realtor is hostile from the start, it could be due to your realtor.

The realtor reflects the competency and judgement of the buyer.  If your realtor is an idiot, it pretty much is a warning to the rest of us that you will be clueless as well.  Want to get more deals?  Hire a realtor who knows more about real estate markets/valuation/zoning than you do and who specializes in that type of real estate.  

And, just saying: if your realtor was selling sunglasses out of the back of his trunk last month before getting his real estate license, what comes your way is all on you.  I don't do stupid...I hope you won't either.