Comments on: We All Love to Discuss the Hoboken Real Estate Market And So We Shall

By: Trey A

Trey A — Thu, 02 Jul 2009 17:46:42 +0000

Tiger – I am referring to the people who run the profession – the true representatives. The NAR is basically a mafia\monopoly like agency, that can go around and bullying and and suppressing information. This is completely unconstitutional, and the agency gets away with price fixing (see commissions), suppressing information, as well as scare tactics. I know that some FSBO listers have been threatened by agents if they dont use a broker.

By: Tiger

Tiger — Thu, 02 Jul 2009 15:11:25 +0000

Trey, that’s not fair. Just like any profession, there are good and bad RE agents. That’s just how it is.

I am an IT consultant for an enterprise software, we work with different clients, different vendors, and yes, even side by side with competitors. You’d be amazed how many highly paid ‘experts’ mess up million dollar projects; giving all consultants a bad reputation. It makes it much harder for a small company like us to get business; but over 90% of our business is return customers / direct referrals from prior clients, so not everyone is ‘bad’

By: Trey A

Trey A — Thu, 02 Jul 2009 14:34:28 +0000

And you wonder why most people refer to agents as crooks and a useless profession. This is just as bad as when the president of the NAR went on TV in 2007 saying it has never been a better time to buy a home.

Its sad, but I truly hope the internet brings commissions down to 2-3% or no need of an agent at all…