Media Report:

It was once said "that if it wasn't for bad news, I'd have no news as all"

The following article and link has some interesting remarks

http://firsttuesdayjournal.com/break-the...ud-and-the-dre/

Please remember that you are not supposed to shoot the messenger.

IMPORTANT NOTICE: This information is provided as basic educational information by the author and is not a substitute for the advice of an expert and/or the advice of a Lawyer. There is NO representation as to legality, accuracy, correctness of the herein information and the reader is strongly urged to consult a lawyer in the relevant jurisdiction to ensure accuracy before acting on this information.

Devil,

Agents are all angels when compared to the Wall Street criminals. These cats have cost the American Taxpayer a ton of money, figures that I cant even imagine in my tiny brain. The only difference between these guys and agents is
they control the government people, we don't have that kinda power. I hear these 29 year old stockbrokers are still driving around in their Ferrari's
and Lambourghini's even though they messed up big time and lied to people, this is not right and they should be punished. As agent we are just out there helping
people not unlike "Mother Theresa" and because of this when we move onto the
next chapter of our adventures we will be gauranteed a sweet spot.

I challenge you to find a good story about agents for the Chritmas Season, think of it as a gift from your brilliant reseach to all of us.

Hunter.

Im glad I practice in Florida where all Realtors are legit and first class...

I think that article says we need to demand stronger regulations /enforcement, as well as higher entrance and continuing education requirements to help ensure the best service and professionalism for the real estate buying and selling public.

Good Press v. Bad Press

Bad Press Sells...... all you have to do is look at the headlines of something gone wrong and this what draws the public attention, including you and I.

Many members of the public are concerned with getting a home or keeping the home that they have and are attuned to real estate in general and the market place.

The news media primarily focuses on what they consider newsworthy items, and the good deeds by real estate agents are generally only mentioned in the real estate trade papers read by rea; estate agents and not the general public.

But, let some real estate agent anywhere, misbehave or act inappropriately, then it becomes newsworthy.

The reason it becomes a newsworthy item, sadly to say, is because it is so far from the normal behaviour of hundreds of thousands of hard working real estate agents, that it is now newsworthy.

IMPORTANT NOTICE: This information is provided as basic educational information by the author and is not a substitute for the advice of an expert and/or the advice of a Lawyer. There is NO representation as to legality, accuracy, correctness of the herein information and the reader is strongly urged to consult a lawyer in the relevant jurisdiction to ensure accuracy before acting on this information.

Mark Brian

Locally: Our regulators are doing a great job, but they would have much less to do, if the agents spent more time on the appropriate education and perhaps a little less time on sales training.

The readily available education is designed to enhance their knowledge and obligations and to keep them out of trouble.

Some of the agents charged with an offence, was a direct result of their being just plain careless, and that makes you wonder if they had retained any of the education that they had already received, in order to become licenced.

Agents had better bring themselves up to speed, or else the regulatory authorities will have them coming and going (out of business)

Today, you must be continually on top of things and on your toes.

The problem in NC is the real estate commission is not funded by NC. They receive their funds from the license fees they collect so they are very reluctant to take a license away from a anybody who can afford to pay. It is a horrible catch 22.

All the agents leaving the business isn't helping.

The Vermont Real Estate Commission is also supported by the Fines it levies.

A local acquaintance of mine was recently fined $10,000 for falsifying a Lead Paint EMP (Essential Maintenance Practices) Statement by forging the Owner's Signature, and subsequently, another Licensee who Notarized her Signature got hit with a $5,000 Fine; but they both still have their R.E. Licenses !

Now, it is true that they will both also have to take some extra Continuing Education Courses; but jeepers . . . . none of the popular courses cover such catchy topics as:

"How NOT to commit Forgery" or

"How NOT to perform False Notarizations"

Luckily, nice high Fines equate to lower License Fees for the rest of us. We need people like this . . . . keep'um comin' !

Of course, they're both still subject to Civil Court action by the Buyer of the Apartment House with the bogus EMP Statement, so that's something exciting to look forward to. And also, HUD/EPA don't care too much for people making a farce out of their efforts to protect the General Public from Lead Hazards.

Locally: It’s seems like everyone has to get’s in on the act.

The following are seperate prosecutions that a violator could face, with regard to the same transaction.

A prosecution by regulatory authorities for real estate violations;

A prosecution for violations of the Provincial Offences Act i.e. Real Estate and Business Brokers Act, Code of Ethics,and any other provincial offense.

A criminal prosecution in the event a criminal act was committed under the Criminal Code of Canada (fraud, forgery, false pretenses, etc)

A civil lawsuit by one or all of the parties.

Convicted violators recieve their own brand of education, much to their sorrow.

IMPORTANT NOTICE: This information is provided as basic educational information by the author and is not a substitute for the advice of an expert and/or the advice of a Lawyer. There is NO representation as to legality, accuracy, correctness of the herein information and the reader is strongly urged to consult a lawyer in the relevant jurisdiction to ensure accuracy before acting on this information.

Real estate gives you the opportunity to make a lot of money without a lot of barriers to entering the field that some other big money professions make thus it is easy for the bad apples to set up shop.

Lawyers, Doctors, Accountants etc spend a lot of time in school so most bad apples drop out before they join there professional ranks.

Real estate does not have the barrier to entry that those professions have thus we can only deal with the problems after clients get burned.

Unless the professional want to move to longer licensing requirements there is nothing that can be done about it.

I think you might have unknowingly stabbed your brain with a pair of scissors while giving yourself a byhomeowner haircut. There are bad apples in every industry, many politicians have a legal background and they are the biggest liars around. 80% of the British population didn't want to send their troops into Iraq, guess what the politicians/Neocons did?, dreamt up a fairy tale. They should all be locked up in jail with Mike Tyson as a roomate.

Every industry gives you the opportunity to make great money if you are prepared
to pay the price.

Have to add, many dentist are crooks too. This might be more your thing byhomeownerdentisty.

[quote=Hunter12]I think you might have unknowingly stabbed your brain with a pair of scissors while giving yourself a byhomeowner haircut. There are bad apples in every industry, many politicians have a legal background and they are the biggest liars around. 80% of the British population didn't want to send their troops into Iraq, guess what the politicians/Neocons did?, dreamt up a fairy tale. They should all be locked up in jail with Mike Tyson as a roomate.

Every industry gives you the opportunity to make great money if you are prepared
to pay the price.

Have to add, many dentist are crooks too. This might be more your thing byhomeownerdentisty. [/quote]

Ouch. I may be new but I did not deserve that type of beat down by Hunter.

I'll restate my point as simply as possible.

It is very easy to get a real estate license, this means that there will always be a lot of new agents and bad apples out there for consumers to have bad experiences with. The only way to improve this situation would be to make it more difficult to obtain a real estate license.

Don't worry about Hunter....half the time nobody understands what he is trying to say anyways....I doubt if he even understands many times.

You are correct in that this profession is so easy to get into that it brings in many people who really should not be handling matters of such importance and expense in the lives of the public. IMO it could very easily be a full college program and I would love to see it go that way. Right now you can just decide one day that you want to get into real estate and then 6-8 months later be selling and really not know what you are doing.

There's plenty of professions with low entry barriers or no entry barriers that allow a consumerectomy. Need I say used car sales? Although, in this state, automobile salepeople must be licensed.

It has nothing to do with the low barriers, it has to do with the person that moved past the barriers. There are plenty of stories of doctors and lawyers (and even indian chiefs) that have screwed the public.

It may be relatively easy to get a real estate license, but keeping it depends on how one performs the job. It is also quick exit, and only those who perform survive. Relatively few lose their licenses due to illegal/immoral activites. Word of mouth spreads pretty fast about the bad ones. Those who care about repeat business and referrals do a good job...and that's most of us.