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#116981 - 11/16/05 01:35 PM "The Way" vs. The Right Way & The Rules of This Forum
Realty Freak Offline
Moderator

Registered: 10/11/05
Posts: 157
Loc: Chicago, IL
Any student of history knows that "The Way" things are done and accepted is not always the ethically or morally correct way. Many a great figure in history like Martin Luther King Jr., Mahatma Gandhi and Susan B. Anthony knew that the status quo was wrong.

In business the line between right and wrong might fall in or out of legal boundaries and is often blurred. Look at Sam Walton, some would say he brought good quality, inexpensive consumer goods to the masses. Others will point out how he single handily destroyed Main Street USA along with countless American manufacturing jobs.

So when you post here "that's just the way it is done" and "well, it's legal" won't fly. Conversation here should be geared to changing or defending real estate industry accepted practises.

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#116982 - 11/17/05 08:32 PM Re: "The Way" vs. The Right Way & The Rules of This Forum
Pikes Peak Offline
Major Contributor

Registered: 12/15/04
Posts: 2799
Loc: FL
Excellent points. However, acceptable practices can vary from region to region.
Maybe we can replace those acceptable practices with the golden rule when dealing on a broader scale?

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#116983 - 01/29/06 07:33 AM Re: "The Way" vs. The Right Way & The Rules of This Forum
SalesProzac Offline
Member

Registered: 01/28/06
Posts: 31
Loc: Seattle
How about some plain old common sense? I was posting on another topic earlier, and I was bereated for my choices, and opinions. Noted professionals acting like small children. Very sad indeed.
_________________________
Continued Success!

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#116984 - 01/29/06 12:39 PM Re: "The Way" vs. The Right Way & The Rules of This Forum
Realty Freak Offline
Moderator

Registered: 10/11/05
Posts: 157
Loc: Chicago, IL
Agree 100%

Quote:
Originally posted by SalesProzac:
How about some plain old common sense? I was posting on another topic earlier, and I was bereated for my choices, and opinions. Noted professionals acting like small children. Very sad indeed.

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#116985 - 02/24/06 06:44 AM Re: "The Way" vs. The Right Way & The Rules of This Forum
Agent Scooks Offline
Junior Member

Registered: 02/24/06
Posts: 5
This is real estate we're talking here. I've seen unfair practices occur. Some do anything for a sale. You gotta move fast for some clients. The easier the better, with a no hassle approach. That's the desperation of the business. Even I have compromised the ethics for a quick sale once or twice...
_________________________
Scooks
Real Estate Agent

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#116986 - 10/04/06 03:27 AM Re: "The Way" vs. The Right Way & The Rules of This Forum
SimonSays Offline
Member

Registered: 10/01/06
Posts: 18
Loc: Orange County "Huntington...
I have found the Slimy Ones sink to the bottom!!

Unfortunatley it seems when someone steals from you using unethical tactics it comes at the worst times. Remember lead by example;I have stayed true to my commitment of ethics and believe me where I live the compition is frightening. Once you get a reputation in this business others know and pretty soon we all just steer clear of anything the unethical agent may offer. Becareful not Slandeer or Bad mouth we just know who they are. We talk about them at mixers. HA HA Losers
_________________________
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Your Real Estate Agent and Lender for Life


www.VisitSimonSays.com

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#175196 - 10/12/07 06:44 AM Re: "The Way" vs. The Right Way & The Rules of This Forum [Re: SimonSays]
Jaysonnhs Offline
Member

Registered: 09/10/07
Posts: 83
Loc: Arizona
I don't think its right, as a professional, to act unethically. It's your obligation to represent the industry. I think a lot of the foreclosures recently are the bi-product of several unethical decisions.
_________________________
Jayson Gibson
NewHomesSection is a leading resource for new home information.

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#192634 - 01/11/08 10:49 AM Re: "The Way" vs. The Right Way & The Rules of This Forum [Re: Jaysonnhs]
Landwatch.com Offline
Member

Registered: 12/24/07
Posts: 37
Loc: US
Agreed, we want to change things in the real estate business. However, then it becomes important that we should be able to precisely explain what are the things that are to be changed in the real estate? So everyone please suggest what all should be curbed out of real estate?.

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#192795 - 01/11/08 08:47 PM Re: "The Way" vs. The Right Way & The Rules of This Forum [Re: Landwatch.com]
REODayton Offline
Major Contributor

Registered: 07/27/06
Posts: 3720
Loc: Dayton Ohio
There are times when representing a client that you have to cross the line of feelings and business. As long as I don't break the laws or violate ethics.

Example: I represent a buyer. The Listing agent can't keep her mouth shut, tells me his client needs to sell NOW. I'm going to share that info with my client, it is my duty. So I present lowball offer, I know my client is willing and able to pay more, but I serve my client.

I have represented people that were complete A-holes. I was to deep into the transaction to fire them as clients, did not care if the deal fell apart, but I wanted to see it close. At the end of the day, I felt like we raped the seller, the buyer was a total pri%%, and if he never calls me again, thats fine (as I will not talk to him anyways, and I hope to see him on my forclosure list). But, I still cashed my check, and spent it. Its business.

I do not get paid to be an activest. I offer MY OPINION, MY ADVICE. If I wanted to change the world I would find a new career that paid me to do so. The purpose of this forum and others is a chance for agents across the country/world, to network, offer advice, and have a bit of fun in the process.

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#193057 - 01/12/08 01:31 PM Re: "The Way" vs. The Right Way & The Rules of This Forum [Re: REODayton]
Bigtoe Offline
Major Contributor

Registered: 10/14/07
Posts: 2208
Loc: Outer Banks
I play fair and honest until the other side doesn't. If they want to play the game in an unfair manner then I can play by their rules too.

My clients come first and I will not let someone else's lack of character affect my client's outcome.
_________________________
Your Outer Banks real estate agent. Helping people buy and sell OBX real estate since 1989.

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#265126 - 12/17/08 05:30 PM Re: "The Way" vs. The Right Way & The Rules of This Forum [Re: Bigtoe]
shana Offline
Major Contributor

Registered: 11/07/07
Posts: 1602
Loc: Nevada
so, are we appealing to legal principles, such as those outlined in the US Constitution (the basis for our legal system)....or some other ethical or moral standard? ultimately, who determines what is acceptable?

are you suggesting that the majority should always prevail? please note that the US Constitution GUARANTEES the rights of the MINORITY.

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#265262 - 12/18/08 03:04 PM Re: "The Way" vs. The Right Way & The Rules of This Forum [Re: shana]
broker Offline
Major Contributor

Registered: 08/16/04
Posts: 2066
Loc: Cary, NC
well, if you are going to discuss the "right way" vs the "legal way" or "our way"... you have to look to the NAR Code of Ethics and how that translates into protectionism for this industry and how it stifles competition.
_________________________
the real estate industry is changing...

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#265285 - 12/18/08 05:35 PM Re: "The Way" vs. The Right Way & The Rules of This Forum [Re: broker]
shana Offline
Major Contributor

Registered: 11/07/07
Posts: 1602
Loc: Nevada
Broker, I agree completely. and it is important to note that most agent DO NOT have a choice concerning NAR membership. per Association rules, if the employing broker is a member, ALL agents under the broker's license MUST also be members. that is not a competitive environment.

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#265430 - 12/19/08 06:11 PM Re: "The Way" vs. The Right Way & The Rules of This Forum [Re: shana]
shana Offline
Major Contributor

Registered: 11/07/07
Posts: 1602
Loc: Nevada
another rule some of the local MLS/boards are implementing is that all broker listings must have a Supra electronic lockbox, if a lockbox is placed on the property. A combo box alone cannot be put on the property unless it is used in conjunction with a Supra box.

this effectively forces the agents to buy GE Supra lockboxes, if they previously did not use them. it also forces the agents to purchase the annual eKey subscription, paid to the local Board/MLS.

this is a ridiculous requirement, and should be of no concern to the local Board. The broker/agent is responsible for the management of the property. It is the broker/agent's and client's decision to determine which type of lockbox is appropriate. Any benefit accrues strictly to the local Board and GE, their exclusive vendor.

this is yet another example of the intrusive and monopolistic demands of the existing NAR/board/MLS membership.

If broker/agents (independent businesses) don't have a problem with that, they are NOT in control of their industry.

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#265438 - 12/19/08 07:49 PM Re: "The Way" vs. The Right Way & The Rules of This Forum [Re: shana]
Mr. Foreclosure Offline
Major Contributor

Registered: 09/01/06
Posts: 2834
Loc: upstate New York
Nar and the state associations do not impose any lock box requirements. Even if the local board wants lock boxes on a property the property owner can refuse.

One of my MLSs used to have a circular key mechanical lock box system; they discontinued it and have not replaced it.

My other MLS is no longer board owned and they encourage but do not require the use of electronic lock boxes.

I use personally owned mechanical ones only, set to the codes as required by my listing clients.

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