Originally posted by
@James Wise:
Originally posted by @Account Closed:
It's interesting to make a documentary about someone scamming when your business model is literally bait and switch.
I reached out about some properties you have advertised everywhere as "for sale" but was told I can't buy them yet because "the videos aren't ready" to be sent out to your social media and newsletter so you can create bidding wars and drive up the price.
I told her I want to pay the price you have literally have listed as "FOR SALE" and she told me in short form no sorry you have to be a part of the bidding war.
What business behaviour do you consider a scam?
Well...I am going to guess you are brand new to this business so I am going to go ahead and give you a pass on just how ignorant your accusation is and walk you through a few points so that in the future you do not offend any other brokers or sellers who may not be willing to give you a pass.
1. Pre-Marketing is an industry norm. It's not even limited to real estate sales actually. All sales involve pre-marketing. Think of the Cyber Truck from Tesla or every new version of the I phone. Most all products are marketed before their initial launch. This is marketing sales and marketing 101. Movies are the same way. They are advertised long before the date that you can go watch them in the theater or on Netflix.
2. What do you think the job of a real estate broker is, if it's not to get their seller's the best deal for their properties? Do you think I became the number 1 seller of rental property in Cleveland, Ohio because I do anything other than market my seller's properties to the best of my ability and get them the best possible price? As you navigate through real estate investing it's important for you to know who you are speaking to and what exactly their job is. Only when you know this, will you be able to begin to judge if they are doing their job well or not.
3. You asked me "what business behavior do you consider a scam?" Are you familiar with this film and all of the coverage that preceded it? If not you should go through all of that and come back here to explain why you think anything I described above is remotely similar to the coverage of this situation.
You don't need to guess because I already messaged you beforehand and talked to you! As you know.
The difference between Tesla and Apple is that they have a set price they market. When it's available you pay said price and receive the goods. They aren't taking peoples name, phone number, email address, etc and then throwing the offer up as a "may the best bid win" type of deal.
In my opinion if you have something advertised as "for sale" and you're offered the price you're asking, you sell it. The same way you walk into Apple, pay $999 for an iPhone and walk out with an iPhone. You don't go to the store for them to gather everyone in a circle and say "highest price wins".
I have no doubts you are good at what you do, the methodology is just lacking in transparency. Something that's not for sale YET should not be listed as for sale. That's a pre-sale. Just like Tesla and Apple (your own examples) do. And you definitely shouldn't be collecting personal information from people without making that clear.
To your third point, I didn't say anything you do is scammy. It was a question.
