Apparently, about 200 Phoenix-area Realtors got together Thursday night for some group therapy:
About 200 agents gathered at the Southeast Valley Association of Realtors in Mesa to hear tips from top achievers on how to sell homes and handle clients in this transitional market.
We don’t belong to SEVRAR, so we weren’t invited, but that’s just as well. As far as I’m concerned, this is both collusion and an agency violation — a class on how to betray your clients’ interests. This was a bunch of Realtors getting together to figure out how to keep the commissions flowing, whether or not this is what is best for their clients.
The scare stories the boys and girls told each other make for interesting reading. For reference, right now, with four business days left in the month, Market Basket values are up slightly from July. A lot of houses will close in those four days, but quite a few of them will have to sell at fire sale prices to put a big dent in August. When Realtors become as stupidly hyperbolic as the bubbleboys, that’s news.
Alas, we don’t have any real estate news, just breathless reports from people who can’t see beyond the bugs on the windshield…
Technorati Tags: arizona, arizona real estate, phoenix, phoenix real estate, real estate, real estate marketing
Dave Barnes says:
You want news?
Here is news: http://www.realtor.org/Research.nsf/files/Leadership%20Summit%20(August%202006).ppt
David Learah of the NAR has PowerPoint presentation full of gloom and doom.
August 26, 2006 — 9:07 am
Todd Tarson says:
Those 200 agents could have saved the gas and just clicked on this site, and many others, that could actually benefit both the agents and the clients.
I wouldn’t be surprised if that event was on some level a recruiting effort.
August 26, 2006 — 11:47 am
Todd Tarson says:
And another thing…
–“You are not going to sell a property at market value. You are not going to sell it for its appraised value,” said Paul Pastore of Re/Max Achievers in Chandler. “You are only going to sell it for what someone is willing to pay.”–
Really??
Change only a few simple words and this quote would have been the same thing when the extreme run UP of prices on homes was happening as well.
It’s always buyers and sellers agreeing to transfer property… in good times and bad.
August 26, 2006 — 11:53 am
mike says:
David Learah of the NAR has PowerPoint presentation full of gloom and doom.
All I can say is: WOW. That’s quite a departure from the public message the NAR is feeding the press.
August 26, 2006 — 9:05 pm
simon says:
Market is tanking buddy. Dont lie to people.
August 27, 2006 — 11:47 pm
Greg Swann says:
> David Learah of the NAR has PowerPoint presentation full of gloom and doom.
Is it? It seemed pretty even handed to me.
August 28, 2006 — 5:04 pm
Greg Swann says:
> Market is tanking buddy. Dont lie to people.
That might be true, but it’s not born out in the MLS data in Phoenix so far. That is to say: I’m telling people the truth regardless of what they might want to believe.
August 28, 2006 — 5:06 pm
Greg Swann says:
> Those 200 agents could have saved the gas and just clicked on this site, and many others, that could actually benefit both the agents and the clients.
On thing they might do, as individual agents, is talk to their sellers about whether they actually want to sell into this market, canceling the listings if not. Previous investment trap for both, but the agent has money and time invested. I think it’s better to walk away than to betray the client — better morally, better practically and better as a liability issue.
August 28, 2006 — 5:13 pm