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#27983 - 07/11/06 05:31 PM Is Eric Estrada a Realtor or does he just play one on tv?
TN Mort Broker Offline
Member

Registered: 02/20/06
Posts: 176
Loc: Nashville, TN
I have seen him selling all kinds of land on tv over the last couple of months. I am sure just like any infomercial it is a scam. However do you think he gets a comission on the land he sells? Or do you think he is just a paid actor for this companys commercials? Is it legal to sell property other than your own to other people? Just curious?

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#27984 - 07/11/06 11:01 PM Re: Is Eric Estrada a Realtor or does he just play one on tv?
UpscaleLV Offline
Member

Registered: 01/14/06
Posts: 724
Loc: Las Vegas
Based on the fact that he makes his living off personal appearances and that basically the life of an actor means acting, voice-overs, endorsements, and ... well, pimping stuff...
Wouldn't you think he's just doing a commercial?
--A
_________________________
Greenville Real Estate

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#27985 - 07/12/06 08:14 AM Re: Is Eric Estrada a Realtor or does he just play one on tv?
TN Mort Broker Offline
Member

Registered: 02/20/06
Posts: 176
Loc: Nashville, TN
It would be obvious that he was doing the voice overs, but I was also just curious about how it would pan out if was to take a comission. I was wondering if it was possible that he might actually be getting paid a portion of each sale to pay for him to do the adds. If was getting paid a comission would that be legal if he is not a realtor?

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#27986 - 07/12/06 08:24 AM Re: Is Eric Estrada a Realtor or does he just play one on tv?
pikes peak Offline
Major Contributor

Registered: 12/15/04
Posts: 2744
Loc: CO
He probably is more like an unlicensed employee with a lock box key: here is the kitchen/lake, here is the beautiful balcony/view of the golf course, here is the garage/treed lot etc.
No license required.

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#27987 - 09/03/06 08:02 PM Re: Is Eric Estrada a Realtor or does he just play one on tv?
REbySB Offline
Member

Registered: 01/05/06
Posts: 354
Loc: San Jose, California
I had a friend buy one of these properties. Eric Estrada is just a contracted actor that was given two of these lots (that he still hasnt built on) as part of his salary for doing these ads.

In all actuality, the lots he is selling, go for ~$7K on the MLS but the company that sells these ask for $30K plus financing. Once the owner is locked in, they are locked in. There is no chance of selling and recouping all of their money. They are upside-down from the beginning. Now that is a unfortunate hustle.
_________________________
President of San Jose Association of REALTISTS, (a local chapter of NAREB)

Serving the SF Bay Area's Silicon Valley

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#27988 - 10/22/06 04:17 AM Re: Is Eric Estrada a Realtor or does he just play one on tv?
RookieAgent007 Offline
Member

Registered: 10/07/06
Posts: 27
Loc: California
I knew there was a scam to those infomercials!

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#27989 - 10/24/06 10:39 PM Re: Is Eric Estrada a Realtor or does he just play one on tv?
East Texas Realtor Offline
Member

Registered: 10/27/05
Posts: 595
Loc: southeast texas
Even worse, that company that he works for has that same strategy in several different areas. One here in Texas not far from me....when I went online to see their pricing I laughed; WAAAAYYYY over actual market value based on MLS comps. Every time I see him pitching real estate I just cringe.
_________________________
Victoria Real Estate

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