Quote:
Originally Posted by DemolitionCat
I don't have a problem with engineers or even CEOs of take your pick company making money. If there's one group of blood sucking parasites who are to blame for problems in real estate, its the real estate agents more than anyone else. I'm sure we'll get to hear their classic "blame the victim" talk over the next few months. If you ask me (which admittedly no one did) every one unemployed real estate agent is one step closer to better.
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Wow... A little over the top. I am by no means a fan of many of the real estate agents I have dealt with. A little too much brown nosing. I'm almost offended that they think we can't see through that.
That said, there are a lot of great real estate agents, who are honest hard working people. At the end of the day, it's up to the consumer to do their research.
If someone bought at the wrong time, they didn't do their research, and as far as I'm concerned, they wanted to buy, they just wanted someone to encourage that decision.
The other way around that is, if the real estate agent convinces someone not to buy and prices sky rocket then the potential buyer got screwed there.
Predicting the market is very difficult, if it were easy everyone would have a ton of money , or alternatively no money because everyone would know whats happening and when to buy
I backed out of an offer in 2008 because all my research pointed to a reduction in prices, and I've saved myself a bundle so far. I have my opinion on what the market is going to do and I'm going with that, and there are very few who will be able to convince me otherwise.
Also I have a bit of an advantage as I get to look at and analyze housing sales on MLX everyday for work.