The Dark Side of the Real Estate Industry 😡
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- Опубліковано 17 жов 2024
- Why do some real estate agents feel compelled to mislead both buyers and sellers?
This episode reveals the dark side of the industry and how these actions erode the trust that is so crucial for successful transactions. I dissect how agents misinform buyers about auction prices and create false impressions of competing offers, as well as the issue of misleading sellers about their property's expected sale price.
Drawing from over 30 years of experience in the field, I advocate for greater integrity and emphasise the importance of real-world experience in training effective agents.
I also tackle whether flashy displays like expensive watches or cars really equate to professional success.
Finally, I discuss the economic realities in Australia, addressing the high cost of living despite average salaries.
What was it like in your market? Comment below 👇
#realestatemarket #propertymarket
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So true Tom! Agree 100%
For real estate to be a better industry, sales and rentals should be facilitated by state governments. The only functional aspect of being a real estate agent is showing up for an open home, unlocking the door and then locking it afterwards. The entire real estate industry is geared towards taking the most possible $$ from the buyer and giving it to the seller using dishonest tactics - this is not the function of any other market; the stock market, new/used cars, etc. Good on you Tom for calling out agents for promoting themselves rather than the listing.
💯 Well said Tom. In fact we’ve designed our business all around increasing transparency and honesty.
Tom, you have mounted the perfect argument and reasoning for eliminating and outlawing auctions for good.
4:30 best advice
one of your favourite guys only works like that, you should call him out on it
These days Vendors always choose the agent who misleads them or over promise price
Then 4 weeks later there is sudden market crash 😊😊😊 thats where an honest agent gets drained
The road to hell is paved by real estate agents and lawyers
ego IS a dirty word
Your hypocrisy is absurd. You stated that agents are misleading consumers by promising them a price and in this same video you’re offering a script to tell vendors you can guarantee them a certain price if they list with you. I feel sorry for anyone who paid you to be their coach with these deceitful practices🤦🏼♂️
You’re misleading ppl with all your scripts!!!!!
Just another carsalesman.
Tom wake up buyers are not stupid like you