What’s Up With Realtors?

There has been and will always be this division between Realtors and Real Estate Investors.

Realtors have this opinion that investors are crooks. They believe investors are out to take advantage of homeowners and in many cases make tons of money for selling something that isn’t theirs.

Realtors believe we should be regulated or forced to get a license.

Investors who don’t hold a Realtors license, hold several misconceptions. I have heard investors believe Realtors are closed mined. Realtors are dumb.

(Don’t email or fax me telling me how stupid I am or how close minded I am….Or how ridiculous my article is…While I value your opinion, it’s my blog and my thoughts)

Anyway, I was reading an article written by a Realtor on the subject of Short Sales. The Realtor clearly has no idea about Short Sales and it’s such false information that eventually weaves it’s way into the inbox of investors. Like a cancer, such bad information spreads and eventually I am left to answer dumb ass questions as a result of this Realtor that has spewed.

In the article, she addresses the need to find “good deals” for clients in California. Homeowners are requesting houses at discounts and are specifically looking for foreclosures. In her article, she talks about how she tells them, “there’s no such thing as a good deal in foreclosure. Se believes banks will not discount properties that are in foreclosure. She then speaks of “bogus” websites offering foreclosures at discounts.

She obviously has never talked to a bank about discounting properties.