National Association of Realtors Ad (2007)

Gee, I wish I could wear one of those Realtor pins....NOT!

Still a bad time to buy ..NAR is not looking out for your best interest

Thanks for buying the house, suckers! Now I'm buying it from the bank that foreclosed on you at less than half the price you paid for it!

Nothing but a bunch of 'weasel phrases', technical disclaimers that allow the NAR to make these claims. For example, "if we didn't buy now, we would've missed the opportunity ON THIS HOME". Those last 3 words are key, because if they didn't buy THAT home at THAT time, they MIGHT have missed that house.

What they DON'T say is they could buy an identical house DOWN THE STREET at 30% LESS this year if they waited!

Anyway, that's why I posted this video: to give it a year, and see what happens

This ad is designed to lead sheep to the slaughter. And they willingly go, submerging themselves deep in debt to "own" a box of wood.

The only thing saving them now (Aug 2008), is not smarts, it's the return to 'normal' lending standards. If the lending standards were still lax, the sheep would continue their quest to debt serfdom unabated.

Gee, is it a wonder why people hate realtors? They're overpaid leeches that are on a quest to bankrupt every decent and stupid person they can for their fat commissions.

You really are retarded. The bank gives the mortgage not the agent and if people actually bought what they could afford maybe they wouldn't be losing their homes.

You are a fucking idiot. Every realtor was saying in 2005, just as they are now, that "now's the time to buy". The 3% commission is absurd, and they essentially have embargoed the industry based on the fact that the average buyer/seller is too stupid to figure the game out. Game is over. Go find a real fucking job or accept a much lower flat fee for doing nothing more than opening doors and commenting on trim. Scumbags.

you may be right, but the realtors are the ones pushing the "buy now" garbage. Not the banks. And the fact is, if you buy now, it's a horrible decision. Prices are crashing and if interest rates rise, prices are coming down even more.