How To See Through Real Estate Broker Tricks

[tedabalos5]

I want to share a great book that just came out is called "REO BOOM" that teaches step by step procedures of what a real estate agent should do. This book is by farthest the best one out there. I been trying to get into REO's and I was able to follow the "REO FARM" method and i got my first listing withing 2 months :)

[cannasnagler]

open house = standard in the nordic countries. What is the problem ?

6% commission(USA), try 3% with 60/h week 80k(average - swedish prime market, 35years old, 6 years in).

[jvolstad]

Realtor cons?  Say it isn't so.

[westcst2k7]

a broker and an agent are two different things video is not accurate.

[kieranjacksonrealtor]

This video is not accurate!

[kieranjacksonrealtor]

This video is not accurate!

[jonmanilenio]

thanks for the warnings. i'm a licensed real estate broker so I'll make sure never to do those things :)

[rameh1983]

Hmm. I've sold quite a few homes at open houses... Think about it, the buyers coming in are LOOKING for a house thats like yours. Would you waste time going to look at a house that you would never buy? (unless its just a crazy nice, unique house that everyone would want to see) I also couldn't imagine any real estate agent not showing you offers from another party. That would be so bad. Maybe I'm naive but this video gives Realtors a bad name. Though some might deserve it I guess.

[taichibailongball]

Whoever made this video doesn't understand how much agents and brokers put into helping their clients.

Whoever made this video is responsible for putting fear and mistrust in people, causing conflict between brokers and clients even before they meet. Very stupid.

[winstomp]

This video was clearly made in favor of discount brokerages, because all of this information is false and also the fact that mortgage fraud and money laundering are mostly tied back to online discount brokerages. This is because of the fact that they do not have a face to face screening process in which the meet the actual person so in fact there more after your money more so than Realtors and they care less about your interests.I would rather have a Realtor on my side than a website.

[TheRentalHunter]

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[CTBEAU]

Oh, please. Was this supposed to be funny? I can't believe this was meant to be serious. This is just ridiculous.

[CTBEAU]

Oh, please. I can't believe this was meant to be serious. Was this supposed to be funny? This is just ridiculous.

[erijavec]

terrible advice!

[jpetschecba]

WOW..WOW..WOW...Free speech and open opinions are accepted here I guess, so here goes:

Anyone who has actually worked with a Realtor knows that everything in this video is FALSE and MISLEADING. In fact, if the seller wants to go through all the research to check for COMPS,etc., than go get your license, learn the business and make some money at it. The author of this video has no understanding of a RE transaction and the liability issues that are involved.

California Broker...

[FredGriffinFlorida]

This inspires me to make a Video: "How to Un-Subscribe from Howcast" 

[snidelywhiplash]

Wow. This is more than a little ignorant, particularly Tip #2. Very, VERY few agents would even consider not presenting an offer, as doing so is a good way to not only lose one's license, but get sued. Also, what you think your home is worth, or what your Realtor thinks the home is worth is IRRELEVANT. Neither of you set the market price - only a buyer can do that.

[happybed]

As a Realtor here in Canada, I was both offended by this inaccurate video, and concerned that a potential client may believe this slander.

I am Bound by a strict code of ethics and government control. There are very very few Realtors willing to throw away their licence and risk a jail sentence for such stupidity.

Shame on you for producing this video.

[KateEstate]

As a real estate agent, I find this video offensive & highly inaccurate.

I like Howcast. But apparently they think I'm a know-nothing sleazebag. Gee :(

[DianeSchubach]

Silly advice.

[fairman1952]

Who is this guy? Mostly bad or inaccurate advice. Colorado has some of the most ethical brokers in the US. Who wants to lose their license for a few buck? Just try selling your own house. Wait till you get a lawsuit because you didn't know the law. Pay a decent commission, show your broker will work hard for you. He has expenses and time, effort spent. Lack of education can hurt you and your wallet.

[3089280288]

Some brokers are [deal] breakers. Just as well to speak directly to the seller and the broker will be paid anyway.

[Jackdave72]

This video started off talking about con brokers, finally ends up firing the broker and selling it yourself. That was not the purpose of the video.

[Jackdave72]

This video started off talking about con brokers, finally ends up firing the broker and selling it yourself. That was not the purpose of the video. Bad direction.

Lowering commissions also hurt the broker as he gets only 3%, the other agent gets 3% They have to pay their expenses and keep the rest. This video does not talk about broker expenses. This video is misleading.

[Jackdave72]

This video started off talking about con brokers, finally ends up firing the broker and selling it yourself. That was not the purpose of the video. Bad direction.

Lowering commissions also hurt the broker as he gets only 3%, the other agent gets 3% They have to pay their expenses and keep the rest. This video does not talk about broker expenses. This video is misleading.

[Jackdave72]

This video started off saying how to recognize con brokers and ultimately ended up in ditching the honest broker too and saying "You can sell the house by yourself. This is actually going to hurt the Real jobs of many honest brokers out there. Lowering commissions also hurt the broker as he gets only 3%, the other agent gets 3% They have to pay their expenses and keep the rest. This video does not talk about broker expenses. This is misleading.

[Briremo]

What a ridiculous video. I'm sure there might be a couple unscupulous real estate agents out there, but far too many invest too much time and money into their careers to risk losing their license for unethical behavior. This industry is policed heavily by other agents who loathe dishonest people.

[bigbaumgartner]

This is a bunch of horse hockey, most Brokers are very honest. If you ever tried to sell a home on your own, you will see how important they are.

[niquolleannjie]

Hi,

Thanks for this Video. It is very informative. This reminds me of another YouTube Video that's helpful in Youtube audiences and on Real Estate arena.

Check this on YouTube: "How to Find Buyers & Sellers on the Internet" from Wendy Patton's Bootcamp

Kudos to you guys!

[BendOregonHomes]

This video, although entertaining, is not a good reflection of the real estate business. One or two bad apples give real estate agents a bad name. Anyone know a shady, dentist, doctor, insurance agent, or attorney? Let's not pick on RE agents.. but shady business practices in ANY business. Your best bet is always a referral from a friend or co worker who has used an agent and had a good experience.

[roykohn]

This is very funny. I hope that is the intention, otherwise, it's one of the top two most insulting things I've ever seen. Real Estate agents are professional business men and women, not used car sales people. We don't sell a product, we share our expertise to help home buyers and sellers with their transaction. We are required to serve their best interests, even above our own. All professions probably have a few bad eggs but I'm certain that percentage is low in our industry.

[GABroker]

As a broker (and licensed ICC Building Inspector) with over a decade of experience acting as my clients advocate, I had to laugh. I suspect the makers of this (and similar) video's and "anti-agent" posts probably are folks who got a bad agent at one time (like any industry - they do exist) and are emotionally scarred for life! I wonder if these folks got a poor quality Dr or lawyer, would they also advocate doing your own surgery or going to court to act as your own lawyer?!

[oxmounter]

Most of the things shown on this video are criminal under Canadian and/or various provincial laws. To suggest that these things are common among real estate sales reps is ridiculous and slanderous. BTW, the poster got the terminology wrong, unless he/she was referring only to the small number of real estate sales people who are brokers. Most are not.

[chud89]

This video is outrageous we as agents or realtors are always trying to help you to the fullest. I can understand in this bad time we are all going through you will meet some pushy agents but i recommend you make your agent your new friend so that you can feel comfortable with them and trusting him or her to be there for your family. Remember! If you cannot call your agent or realtor by his name and feel comfortable saying it then you should just find another professional.

[DoinThupidThings]

lllll

[Bgeves888]

In my experience, sellers generally insist on an open house, even though I tell them that it is not generally an effective marketing tactic. For sale by owner properties sell for 3 to 5% less than properties sold by a Realtor, and the seller has to do all the work. Plus, do you really think a seller sees a buyer's ID before inviting them into the house, like a Realtor in required in law to do? And what about writing an enforceable contract? And it is law that all offers be presented in my area

[Bgeves888]

much of this is at the very least misleading, but a few points I do agree with. Of course a buyer should have an inspection, and being independent of the Realtor is wise.However, if it were found that an agent was steering clients to an inspector who gave 'rubber stamp' approvals, both would lose their licence and could be sued.

I don't believe the stats on marketing time for Realtor selling their own home. Where does the data come from? The longer a home is on the market, the less it is worth.

[gptlcp51]

Well everyone is entitled to their opinion. There are only so many hours in a day. I say do what you do best. If you are not into listing, showing, negotiating, let the pros do it. Hire a realtor.

[JessicaLindsey1685]

Bozo the clown put this info together! There are laws that prevent this type of behavior, its called the Code of Ethics! No successful realtor could last in this business acting this way! Lower the price to sell it quicker, hahaha what a joke in this market, you have to price it lower to get a buyer to buy it.

Try selling a home yourself, also go buy some surigal tools and take out your own gall bladder too! Its too bad that this wrong info is going around, stupid minded! Broker

Broker CWB

[christinasmckee]

To whoever made this video, what a complete retard. Are you just trying to get attention or seem smart? Over 50% shop online, lol. Like that is informative. Over 86% of buyers shop on line. Know something before you post scare tactics. We are held more accountable then buyers and sellers or people that try to scam. If it wasn't 4 realtors the whole buying and selling process would be a mess. Way more upright realtors then public. We keep things legal and honest. Christina McKee, REALTOR

[djalexr007]

I had a question about trading a house. I have a house right now and still owe 142k to my bank lender. Now my parents want to trade their paid in full house for my house, Witch we did, but the loan remains under my name. How do we get my loan of 142k to switch to his name?

[TheRealEstatePeacock]

They will have to qualify for a loan to purchase your house. That is the best way and safest way so that you are no longer liable for the loan amount. I don't know that details, but your parents should go to a mortgage broker (or their bank) and get preapproved before you do anything else. Did you transfer the deed already?

[loreebeebee]

If your loan is not assumable, you can't. They will have to refinance the house.

[HomeRumDotNet]

This is a terrible video full of BAD and completely inaccurate information.

I wish I could get back the 2 minutes and 10 seconds of my life that wasted watching it.

[MrSaskatoonHomes]

This video blows!

[dylanmcevoy]

This video is absolute junk. Its a marketing ploy for a company selling something on the internet. Selling without an agent is so stupid

[AdhiSchoolsLlc]

As previous comments stated, many of the things suggested by this video are a violation of state law and against the Code of Ethics that Realtors agree to operate by.

[andyintucson]

There are always bad apples. But in my state, you'll lose your license if you don't put your client first. Any Realtor worth their salt will work first for their clients, knowing that in the end, those clients will recommend them to another person.

[carsearch2001]

Talk about a worst case scenario broker, I know many more brokers that work their butts off to be taken advantage of by their clients and these discount brokers are going broke left and right leaving only the high dollar guys.

[snidelywhiplash]

@carsearch2001 All too true. My favorite are the sellers who don't do any homework (or did do it, but a long time ago so their info is outdated). They act like they know your job better than you do, don't listen to you about pricing or marketing, then blame you for the house not selling.

[razziki]

well lets put it this way, there is always a smartass trying to ``open`` your eyes and show you the `smartest` tricks in the market but lets be honest who actually have the time to learn all those little secrets to beat the professinals who has been doin their job for a lifetime. even though its a good thing to do your homework you simply just cant know everything! thats how we all somehow make a living

[cobaltbroker]

After I finished laughing at this video and the poor soul who posted it I started thinking that he's the guy down the street with the FSBO sign in the yard for the last 2 years...wondering why his home isn't selling...probably smells like dog and he thinks it's just beautiful. Just shop for a Broker who's sold several hundred homes successfully and do what they tell you...you'll net MORE not less.

[GatewayRE]

If agents thought or behaved the way this video warns they do, they would never survive in this business.

[kamu0404]

@GatewayRE

Clearly you're not an objective party. I'm in the biz and you and I both know that shmucks do exist in our industry. I'm going to post a negative response to anyone I think fits that category.

[MAPerezConsulting]

Did the producer of this video get their information from criminals that used to sell stolen goods on the streets of major cities? Yes, there are a tiny percentage of people who will try these "tricks" on clients but Realtors are professionals who want RETURN BUSINESS and they know they won't get it if they rip off their clients! My family's been in the RE business since the late 1950's and we're still going strong working with both original clients and new ones because we're ethical like most

[tamparealestategals]

Wow if there was any agent who acted like that by not presenting all offers, they would be fired from my brokerage. Yes I know there are some bad apples out there but the majority of agents are here to help the seller get the most for their money.

[08nella]

what a load of misinformation this video has! yeah, go ahead and hold out for what YOU think your home is worth and do worry about those disclosures that the law says you as a FSBO still has to offer. May as well save that comission money to hand over to an attorney when they need to defend you in court. OH WAIT! THERE ARE PLENTY of books and websites to show you how to do that too.

[Riverfrog72]

I didn't watch your video, because I refuse to watch ads on youtube.

[EGOTRIPNG]

Selling a house without broker is possible, you can also go to court without a lawyer.

[sydmy1]

Everyone staunchly against this video seems to be so because they themselves are employed in the real estate business - can you say "conflict of interest" anyone? Real Estate agents DEFINITELY use these tactics and anyone would be naive to think otherwise - they get paid faster that's the bottom line, money talks no matter what profession you are in - it's called business, this is how they make a living.

[TheRealEstatePeacock]

My advice, move on to the next broker . Agent acting as the video portrays will lead to a short lived career. Could it be possible that this scorned client was working with the seller's agent? Remember, seller's agents have an obligation to the seller. They held by laws to disclose defects, but are not required to advise you favorably. Always get your own experienced representation that puts your interest first. This is a hideously exaggerated video.

[TheRealEstatePeacock]

Real Estate Agents are not employed, they are self-employed independent or affiliated contractors. Employees get taxes paid through the employer, an agent pays his own taxes and runs his own business. This seems to be a common misconception. An employer can tell an employee how to execute a certain job, an agent is hired for a fee to do a job but has the freedom to complete the task as it suits him.

[Isreal4realz]

You mean RE Broker? RE Agents ARE employed; by a Broker.

[nakedwake]

okay, I'll give you a different perspective. I'm not in sales, but "how to" videos/books/websites are also in the business of slandering a chosen profession in which they elected to target. Why? As you put it, it's called business. That's how these "how to" organizations make their money. This video was most likely made by a failed RE professional who figured he/she could make more money slandering the profession.

[BillScottHere]

It appears the person who posted this video had a bad experience with a single individual and wants to condemn an entire industry to get even. This video is a disservice to home sellers who have to sell in today's difficult environment. Overpricing in today's market usually means selling for even less in the future. It is also unfair to all the honest, ethical, and hard working REALTORS. Need to buy or sell, talk to 2 or 3 Professionals, then decide.

[hendvis]

1. To people that say we agents have big commissions, I say, what are you waiting for, go do your course, so I can look at the look on your face 8 months later.

2. Lowering a commission? Collaborating agents will visit your home last. Smart move.

3. Sell your home on your own? Do-able. Save money (commission)? Never gonna happen! The buyer will tell you: But I don't have an agent, slap off an x-tra 4% for me, will ya?

[dapinelli]

98% of Realtors should never have left their retail or fast food jobs. There are too many Realtors (over 1.3 million), a backwards commission plan which screws both the consumer and oddly enough -the agent, and way too many poorly trained agents dealing from the bottom of the deck to sell a home under any circumstances which favor only them.

[Syntropoli]

I've been involved in the real estate business for 10 years and this video is 100% accurate.

[cjhodgesrealtor]

Realtors work in accordance with a code of ethics which prohibits us from taking part in most of these activities that this film maker says we will do to cheat a client. Realtors who are successful are typically honest to a fault. We can not mislead clients and expect them to send us referrals. This "film maker" needs to do better research.

[LynSims]

This video is no longer even relevant in this market. Lower the commission at a time when monthly only 8% of homes in an area are selling at a given time? That makes sense!

You should do some investigative work for your own market but since every subdivision in an area has not been effected the same way, their blanket statement doesn't tell you that. This person seems totally disgruntled w/the real estate market & realtors in general wouldn't you agree?

[bandersohn]

This video just goes to show you that "anyone" can create and upload a video to youtube. If you're a buyer or a seller, don't always believe what you see or read on the internet.

It's this kind of crap that can actually cost you MORE MONEY than having a good Real Estate Agent or Broker represent you.

In their Next Video, they'll be showing you and telling you to fix your own car, or do your own surgery! What a bunch of bull!

Next....

[rahelny]

You have some good points but not all brokers are alike.

[jllrealestate]

The 2 sides to this argument are like fire and ice. Buyers in this market, especially here in AZ, WILL NOT BELIEVE their home is valued so low when they have put so much into it. They don't realize that with so many distressed properties in their neighborhood, the appraiser doesn't have much choice and must use those dirt cheap houses as their comps in the appraisal. In 10 years I have NEVER met a realtor like the one pitched here. You are thinking car salesperson, so that is the mortgage biz!

[csalt22]

This is bull****, most of the things mentioned are illegal for a realtor to do.

1. All offers must be presented promptly

2. Most owners believe "their home" is magically worth more than comparable homes- it is the agent's job to bring them back to reality.

3. Over priced homes don't sell or don't sell for that price. They languish on the market, become stale, and then sell for less than they would have brought 6 months earlier.

4. 80% of buyers start their search on the internet,

[LOVECALFORNIA]

good advice this bull crap most of us believe in ethics

[386Motoring]

Good video.... it makes brokers seam like cons though. I haven't met any brokers that would do unprofessional things like that and a brokers license can easily be taken from FREC.

[tollymick777]

why would brokers/agents risk their license over lousy scheme just to make a sale...!? they're their to HELP you, might as well work with them instead of treating them like cons..

[DoinThupidThings]

@tollymick777 the second you meet a real estate agent they are assessing you and looking for your weaknesses. Once you sign you are screwed. They plot and scheme with the buyer and their real estate agents and then come back to you and tell you what to sell for. They get a kickback on the reduced price. Not all turn out this way but I warn you, NEVER trust a real estate agent. They are NOT working for you like they say they are

[snidelywhiplash]

@DoinThupidThings Sounds like someone dealt with an unscrupulous agent once and made broad assumptions based on that.

[jbarnes1960]

What load of C_AP.

[napluc]

My Realtor is not like this! He is bound by law and follows it. This video give Realtors a bad name. The advice given is inaccurate and dangerous. Realtor provide a crucial role in the transaction and actually limit liability for the consumer.

My recommendation when choosing a real estate agent is to follow you instincts. Select someone you feel you can trust.

With regards to leaving your house on the market for longer is very misguided to say the least.

[theandysullivan]

Wow this video is ridiculous.

So now every broker is a con out for a buck. Perhaps before my time but I dont know of one that can stay in business now adays. Trust me Realtors are simply an agent of you. An extension of your wants and desires put into action with the knowhow of how to get it done, correctly, the first time.

[raymondwilburn]

This video is entertaining, and has some good information mixed in with the general sensational doo doo. Basically it paints brokers as con-men and women which isn't true. Many are just lazy and part of an antiquated system.

Let's break it down. The price hold out advice is crap. What you think your home is worth doesn't mean anything, it's what the market for your home is.

You can sell your self, but prepare for a pain in the ass.

All other points are somewhat valid. enjoy.

[ThirdEyeAbility]

some brokers are reallllly unethical... believe me.

[rgsvmi82]

is this a parody?  Too funny!

[Beingreal40]

Thank You. That's the kind of attitude you can expect from a realtor.

[Beingreal40]

It does'nt take brain surgery to sell your home. The only downfall is posting on MLS and dealing with realtors harassing you to change you mind. A wealthy person would just feel not to be burden by the whole transaction . Not because potential of lawsuits. No I would'nt cut my own hair. Since there is no realestate market at the time realtors are already cutting my hair and pouring me a beer. That's their true qualifications.

[Richard1Nixon]

They are called professionals for a reason. The right agent can make all the difference, and perform many services that the average person cannot do for themselves.

[Beingreal40]

And those fuckers can destroy lives faster than they are put togehter.

[Richard1Nixon]

You're a joke Beingreal40. Tell me how anything mentioned in this video leads to destroying lives.

[AmusedChild]

Nice video. Another piece of advice: go with a broker you know and trust. We did - we knew her long through our community and local journalistic work (for years) before we hired her. She made no bones about telling us the truth. We bought, and were happy (and happy to help her out with a commission even though she was working outside her normal area).

[Beingreal40]

Yes agents and lenders are going to attack my comment.

Agents wont lower their commision. They'll say their broker wont allow them.

It's way better to have your bank reject your loan than dealing with a broker that will seek out any program just make them money.

Real estate agents justify there hard work between Oprah commercials.

Lenders justify there hard work between long lunches.

There's nothing they can do that you can't!

It's your money. It's your life. It's your note!

[GlennSanford]

If this video was added in 2005 then I'd say there was more validity to the presented points. Currently its takes a lot of work to get a home sold. In most markets the time on market is 10 months. Comps are what properties sold for in the last six months however in some markets prices have come down 10 - 15% in the same time. Overpricing your home so it stays on the market longer probably guarantees that your home won't sell at all. This video is no appropriate in most markets in 2009.

[Polaroidist]

Hahaha, he looks SOOOOOO skeptical the whole time.

[kbumtube]

Wow! That makes true professionals look bad. Step 1 It's true one should do their homework...however agents don't set the price...the market does. Step 2. Agents don't keep their home on the market longer....they know that will only yield a lower price in the long run. Step 4. An agent is legally required to "present all offers" Step 7. This can be done...but usually yields lower prices, more frustration, and increased need for dispute resolution.

[tucson2day]

Thank you for being professional.

I was sadden to see the negative in this ad. You had the most logical comeback. I respect that.

[GeorgeVreelandHill]

A good agent can do a lot for you, but it does pay to know as much as you can.

Read, learn, and know before you go.

It is money in YOUR bank!

George Vreeland Hill

[frankieman70]

I am an agent in Los Angeles and I think this video is somewhat awesome, buyers and sellers should always be as informed as possible but if you do want top dollar for you home or find the right home with some help you need to see an experienced Realtor, anyone can get a license but not anyone can actually do the right job.

[DrewDownsManagement]

Nice Vid. I enjoyed it. We market properties and other things on youtube, we hope to create a large network of people interested in making money. Your video gets a five star rating from us. I hope you feel the same about ours.

[opticaltee]

Look at all the agents all scared about the truth! 80% of them aren't qualified to work at Lowes let alone be involved in a transaction of thousands of dollars. Buyers and sellers get out there and do your research don't ever just listen to an agent. The 80% are overpaid and desperately want to protect that commission based on the percentage of the property. It makes no sense. $300,000 or $3,000,000 same work. Don't lose money to an agent find a new internet based company they are better.

[daknocom]

I know a real estate agent who actually put this video on their real estate blog! Classic.

I don't think you will hear much complaints about the open house "tip." Most agents hate those things!

[RonLeeHackett]

Wow who would believe such crap, it doesn't mean that there isn't a dishonest agent but I think that who ever mad this video doesn't know the difference and doesn't know the regulatory oversight as well ads "The Realtor Code of Ethics"

[MrLesWhite]

Please don't listen to this! I would advise as in any major purchase/transaction to find a reputable company and an experienced broker if you know ABSOLUTELY nothing, and of course do your own research it will save your broker time trying to convince you. More than likely you know someone who is a broker, so work with them. Real Estate brokers are human and there are unethical ones but most are honest, this is a parody. Paying the inspection guy is something to look out for? Please get serious!!

[SGRealEstateGuy]

This is classic bs...at least the realtor is attractive - it saved the video! I guess this guy didn't hear about how I PERSONALLY saved my buyers from a bad deal by doing extra leg work to find a soils problem that could have cost them thousands.....

[zburlis2007]

....heeelloooo....who made this comedy?!! i would like to meet the "creator"....OMG....

[JSherretts]

The narrator sounds like something I had to suffer through in about second grade. The video is just dumb. This guy has no idea what he's talking about. And it's boring!!

[iseeyoutoday]

WHAT??? If all the buyers and sellers were willing to do the legwork to get their house sold there would be no need for real estate agents.This video is nonsense!!!

[TheTousleyGroup]

Go back to school howcast, you have no idea what you are talking about. Consider making a video titled "how not to make an inaccurate video and pass it off as the truth"?

[paulmacapagal]

what a hot pile of crap this video is....

[tttania79]

this video made me laugh. really, the person who made it has no idea what he's talking about and it is sad that the people are waching it and many of them will believe that the real estate agents are f..cking monsters :D:D

[luciao1]

This is so full of misinformation. I don't even know where to begin.... They're obviously trying to sell you something.

[usakaur]

rubbish

[zachxL]

ha ha ha.. this is so funny. the part that the agent slips money on the inspector. LOLOL.. buyurs pick their inspector, or buyer agents just sugest atleast 3 or more inpectors to choose from. I'm a realtor. and this skit is funnnnny.... LOLOL..

[jonsteingraber]

I'm a realtor. I consider myself a great realtor because of my expertise in my market area and the results I get for my clients. This video obviously has a hidden agenda. Many realtors are not very educated or take the job seriously, so this message might apply to homeowners who are dealing with those realtors but the message should be to get educated as much as possible and find a realtor that is going to tend to the clients specific needs.I specialize in helping homeowners avoid foreclosure.

[DLeske]

Yes... as in most professions, there are some bad apples. But its like saying that all dogs are bad because some bite. - Some agents will negotiate for a lower rate, some do not. With the largest transaction of most peoples lifetime why would a person not want good advice and help?

[mntrealtor]

I believe the creator of this video should go through the training and education that Real Estate Licensees must complete in order to really know what he/she is talking about.

[thain456]

more misinformation on the web... lol.... try selling it yourself.

[jmacvoy]

A Lot of mixed messages here! You don't know jack about really selling real estate. We have a strict set of rules and guidelines that we must follow in order to transact real estate. I agree there are some real estate agents which are unethical, but I can tell you from direct experience that those agent won't remain in the business with poor ethics.

[russellhometeam]

this is such a joke. not presenting offers is against the law in all states. plus your fact are wrong, over 80% of buyers are looking on the web.

[Nealtor2006]

This is as entertaining as a Saturday morning cartoon. And almost as realisticBrokers sell their houses for more money because they stage them properly and price them correctly thus selling the house in a SHORTER than average time frame. Houses that stay on the market longer, typically get LESS money because they develop the stigma created by buyers wondering whats wrong with it and why hasnt it sold.

[GobalHoldingsLLC]

Frist of all a broker works for the person selling not buying.

hire a buyers agent broker that way they work for you they can usually save you that 6% commission plus more

[BADAPARTMENTS]

Our broker what a disaster ! Click on & see.

[kenji4861]

I agree this video doesn't apply to all realtors. But I think people should take the part about selling the home yourself. Many homes in my area sell for $1m+. With 3% commission for the seller's agent, that's $30,000. Spend a couple of days reading a book and posting your house on Zillow :)

[BADAPARTMENTS]

HELP!

[timlin0607]

A college degree is a prerequisite for getting a broker's license. It's impossible not to use a broker since every agent works for one. A broker isn't allowed to recommend any house inspector. Finding a $70,000 house in SoCal on CRAIGSLIST is the real scam that this guy needs to look into.

[therealorberon]

holding an open house?

[SoulTapestry]

Actually, there's more to it than just open house. The majority of sales occur from private realtor driven showings, which result from marketing to real estate professionals (who then bring their clients) and current neighborhood owners. Then there's writing the contract... If you someone really wants to do the foot work and sell their own property, I really encourage them to hire an attorney or legal counsel to help with the contract(s).

[SoulTapestry]

I really disliked this video; it is a really slanted view of Realtors and the work that they do.  FSBOs keep their homes on the market longer than brokered listings, and generally sell less for asking. Being a Realtor involves a lot of time and marketing that, unless you're a f/t real estate professional - home owners generally don't have the time/resources for.

[timwaagh]

so how come some high-school dropout i knew could jump right into the brokers' school? i was really under the impression a broker wasn't like a garbageman. but it's really on the same level. at least the garbageman is doing something useful...

[SoulTapestry]

I was required to complete educational requirements and a licensing exam which covered state specific laws as well as broader national information. I am also required to take a battery of continuing education courses on an annual basis. Also, for a Broker's license, one must possess "a reputation for or record of competency, honestly, truthfulness, financial integrity and fair dealing." for a period of 3-5 years, circumstancial. It's hardly something one can just "jump into".

[kmuggee]

are you trying to make the real estate buisness go into deeper shit?

that buisness needs some helpp

[mtvideoz]

The businesses have practiced mal-investment, it's not the consumer's fault that they are in trouble. If they're in trouble, good, they learned a lesson. If they fail, it sets an example to others.

[russie1234]

the broker is hot.

[michaelthonger]

If my real estate agent uses these tricks on me, i rape her. that'll teach her to play tricks on me. Funnily enough, she never did these tricks again

[erinc2]

lol

[SAPromaster]

wtf i thought they already posted this....

[gaurd5002]

ill tell you how to. im breaking up with you.

[Therealkrazy06]

lmao....or ..it's over bitch

[hombrepajaro16]

That broker girl is hot

[GothslayerEma]

Tip 1, DONT USE BROKERS!

[minikid96]

LMAO 2 PPL WENT FIRST

[ItsJustJasmine]

huh..

[hippl27]

ok...

[pokemonmaster145]

1st Comment !

Nice Video

XD

[monkeymac3]

I always wanted to know how to do this xD

[Boogenhiemer]

1st comment for the win!

[monkeymac3]

Why do you post first comment?

[jonleflar]

Because he's a loser.

[monkeymac3]

Guess you're right :D

[AlkaVirus]

hes a failure in life. living in his moms basement with panda eyes that lost his GF cause hes busy posting 1st on every single youtuber that posts a new video.

[monkeymac3]

Damn, that's true in so many ways. I guess he feels like he actually accomplished something in life