All Forum Posts by: David Roberts

Maybe that's my problem. Lol. REO agents! Just kidding. In my experience I've found this to be sort of true although there's a local REO agent who has been around awhile and his team is fantastic. They even get back to me promptly, which is nice! I went out of my way to thank that team for being better than the rest. Also i know a former REO agent who i believe is as honest as they come.

Maybe those 2 are not the norm.  What do i know?  :)

There's a reason there are articles written the way they are.   There's a reason homeowners hate realtors.    There is a reason this industry gets a bad reputation.   And once you work in this industry awhile you begin to see why.  After all its a business full of selling,  whether that be houses,  your image,  marketing strategies,  etc.  I find that people very rarely give you the whole story.   Its just the way things are.   But im not going to say it isn't that way when it is.   And im not going to discourage someone from getting involved in the industry when we need more good people. 

The misinformed get taken advantage of all the time,  but that's true in other industries as well.  

 Its still sales,  which is perhaps automatically assumed to mean "mislead".  Trust is everything,  and frankly if you  100% trust someone that is going to make money off of you then that trust better have been well earned because otherwise you are just asking to be taken advantage of.

I think if you talk to a lot of veteran realtors they will tell you that games are being played and it happens quite frequently.   

I haven't been scammed or done a bad deal because of a bad agent,  for the record.   Since my trust isn't just handed out blindly to a salesman,  I've always done my diligence. 

Ive had done good representation in the past, but more bad than good. Alot more bad than good,  honestly. 

But again,  back to the OP, none of this should detour you.   Your going to run into realtors that aren't doing their job, that are being lazy,  and that are going to flat out lie to you.   Be the beacon!

OP, you sound like a fantastic realtor.   You are protecting your client.   Id work with you any day as an investor. 

I think you should always try to be as honest with your clients as possible even if they don't want to hear it.  They will respect you for it.  It only takes 1 lie and getting caught on it to smear your name.   Go get it done!

just giving my experience.  Sorry you think that's overstating.   So far in the time I've been involved in real estate whether that has been buying houses ive lived in or bought as investments,  I've run into agents that have lied,  mislead, been lazy,  played games,  and been anything but honest.  Its sales,  and maybe that's just a part of sales.   But that's been my experience. 

You could be right though.   Maybe I've just run into a bad bunch of realtors.   Maybe I'm just cynical.  Maybe...

My point to the OP though,  is even if agents are ALL that way,  don't let that stop you from being better than that.   Just because others may or may not act honestly dorsnt mean a new aspiring agent has to. 

It was interesting.  When i took my board mandatory orientation we went over all of the "code of ethics", i remember thinking to myself "i haven't run into a realtor yet that didn't break at least one of these" lol.

what city sara? Pm me if necessary.  Im 10 minutes from metro airport and can help. 

i don't like that our markets are so sensitive to global stupidity.   Sure its always been a part, but technology has really made everybody on the globe a click away.  That,  the government feeling they need to meddle in every situation,  computers trading,  all makes for drastic moves in the market.   I don't think this has much to do with real estate right now.   Real estate had their nightmare.  If anything i think it will just level off a bit.  A lot of existing homes in decent areas are still 30% off their highs.   In my area,  subdivisions that are 15 years old or less have gotten back to 2006 levels though. 

Most agents ARE definitely liars and scammers lol.  That's been my experience anyway.   It's hard to find honest people in this world anyway,  let alone this industry.   Don't let what others do discourage you. Be better than them!  Keep truckin...

It's written in the PA that the seller still provides title insurance.  Is it still safe to get a trustee deed if the seller provides title insurance?  Seems like it would be.

I came across a bankruptcy sale. The house has already gone to auction and sold, but for much, much less than this house will sell to on the MLS.

The listing agent is still accepting offers.  I want to put an offer on the house.  As I was reading one of the addendums it states that the title transferred will be a TRUSTEE DEED.

I didn't remember much from my realtor classes on this so I googled it, and it seems like it's a quit claim deed but from a court and that's about it (it doesn't protect me whatsoever from other liens that might be on the house).

How do I go about protecting myself here?  Do I need to put in the PA that I wish to purchase title insurance?  Do I NOT need to be worried that some other lien might be attached?

All I've done thus far is go to the city records and the taxes appear to be in good standing.