Posted by Jim FL on April 26, 2002 at 24:02:45:
Okay, you like a good rant now and then, but frankly, how did your post address what the original post was talking about?
You said: "It is true that an “investor” can go around telling little stories that bend the truth, or not state things that need to be known, but this investor will be in the 90% that will be gone in a very short time."
Where on earth did you get that this investor stated something that was untue or did not state things that needed to be known?
Was this investor supposed to tell the agent he spoke to that he had already completed some research on the property he was inquiring about?
I don’t think so.
This is called an “Edge” in negotiations.
Heck, if I talk to a seller who tells me that their mortgage is current, and I conduct due diligence on it and find otherwise, am I supposed to just accept what the seller says?
As for not defending realtors? (or agents or brokers), I beg to differ.
I understand, heck I often defend investors.
But, not blindly.
When an investor, or anyone for that matter, is slime, I call it like it is.
I just do not see where this investor did anything wrong at all.
So, rather than try to address your post, which in my opinion has NOTHING to do with the original post, I’ll just close with one question…
What EXACTLY did this investor do that was trickery?
What did he do wrong?
And, (okay, a few questions.)
When you tell me what he did wrong, please explain in detail how and why?
And, offer a solution for handling this better.
After all, many are here to learn.
Should we just assume that an agent or broker will always give all the facts and be honest?
Sadly, it has been my experience that a confused mind ALWAYS says “No”, and by and large, many times without even knowing it, Realtors/agents/brokers are confused.
It is this lack of understanding that makes many of them miss out on getting paid by me.
Over the last two or three years I can count on 3 fingers the number of times an agent or broker has earned a commission from me.
And frankly, I don’t care.
I get enough deals.
I guess I’m just part of the 10%, WITHOUT going to those who “have the properties to sell”.
Which they do, and would sell a whole lot faster and for more profit if they would just open their minds.
Anyway, enough “Ranting” from me,