If that makes you be able to sleep at night then more power to you.

It's easy to blame the buyers since you wipe your hands clean of them as soon as you close the deal.

Apparently according to you people who aren't in the industry don't have a clue...yet it's their responsibilty to make decisions for $500K+ properties? How very convenient for agents like you...

The buyer may sign the paperwork but PLEASE don't sit here and say you never pushed a buyer or seller in a particular direction via pushing a false sense of urgency...they make ads on TV and radio with that pitch for crying out loud! And agents never do? Oh please...

It's the duty of the agent and broker alike to educate the buyer or seller about what they are getting themselves into. For the longest time brokers were buttering up buyers with "flex" plan mortgages.."The best thing since sliced bread" apparently. Wow...you can afford a $700K pile of crap now! Yeepie! As if you'd even flinch to stick someone in a predicament like that. Very few agents would have the morals to inform a buyer about such a stupid purchase and pass up a 3% commission on a sale like that...but of course it's become ethical.

Luckily I wasn't one of the suckers who fell into that trap.

What a whiney little vampire you are and it is so sweet how you moan and whine for the sake of everyone else.

I have no problems sleeping at night and unless you are totally stupid which you are bordering on it is the buyers decision on what house they buy. I have never pushed a buyer to buy a specific house and would never do so.

Your stupid comment about washing our hands of the buyers after the transaction is so moronic I just have to respond to it. 70+% of my business is based on past client referrals. I continue to keep in touch with my clients as do most sucessful agents.

[QB}Apparently according to you people who aren't in the industry don't have a clue...yet it's their responsibilty to make decisions for $500K+ properties? How very convenient for agents like you... Actually I was speaking specifically about you!

[QB]The buyer may sign the paperwork but PLEASE don't sit here and say you never pushed a buyer or seller in a particular direction via pushing a false sense of urgency...they make ads on TV and radio with that pitch for crying out loud! And agents never do? Oh please...[QB]
And who are these mysterious "Theys" you keep talking about? Perhaps you need some new tinfoil for your hat, careful or the mysterious "theys" may find you!

[QB] the duty of the agent and broker alike to educate the buyer or seller about what they are getting themselves into. For the longest time brokers were buttering up buyers with "flex" plan mortgages.."The best thing since sliced bread" apparently. Wow...you can afford a $700K pile of crap now! Yeepie! As if you'd even flinch to stick someone in a predicament like that. Very few agents would have the morals to inform a buyer about such a stupid purchase and pass up a 3% commission on a sale like that...but of course it's become ethical.[QB]

Educating buyers is my number 1 priority and it is also that of the lenders I work with as informed clients make better decisions.
Flex mortgages are the most widely misused product on the market. They were originally designed for use in a very limited market. I personally have never had a flex deal used by a buyer that was not an investor or someone who only planned to be in the property for 3 years or less. Neither I nor any agent that I know would push a flex to get someone into a property they plan to stay in for longer than 3+years.

[QB]Luckily I wasn't one of the suckers who fell into that trap.
So what are you whining about? Did you have a bad experience with an agent or mortgage broker?
Just curious but what is it you do for a living?

Spare us the professional approach...call me what you want...it doesn't change a thing about the current situation. You're whining on the other end of the spectrum so don't excluse yourself in regards to that.

It's quite possible that you are one of the rare types of agents who actually don't care about $$$ as much as actually helping someone.

However, I can't imagine that you are THAT sheltered that you have no clue about the shaddy practices, misinformation, coaxing, baiting, and use of the feeling of urgency that was being pushed on the client just to make the sale go through?

If you are that seasoned of an agent that you present yourself to be, at the very least you could acknowlegde it and be big about it. I'd take my hat off to you if you never did it but that for sure isn't the norm around here in LA. Opportunists are abound here and they have no shame screwing you over if they can...and in this climate they could quite easily.

There was a time when a home may have sold in less than an hour after having the for sale sign put up...playing on desperation and greed is a powerful tool.

You are quite mistaken. I am not whining about anything as I love the real estate business as both broker, builder and investor. Yes there are bad apples in the real estate and mortgage business but despite all the hype that is definately not the majority. I would be willing to bet that whatever industry you work in has its bad apples as well but is that the norm for your business? I think not so perhaps you should get down off the whiney pulpit and join the rest of us in the real world.

Sound like you need to move to a place where life moves a little slower as it seem that the corruption of LA is too much for you. Try small town living it may be a better fit for you since you are obviously so unhappy with your current life.

If you thrive on corruption then I guess you're right at home.

It seems that it is you that lives your life by corruption. What engineering field is it you are in? Bet we can all find some significant corruption in your industry.

For someone with a masters degree you are pretty stupid! You are so far gone you see a whole industry as corrupt because of a few bad agents and mortgage brokers.

What thrive on is finding, selling and building the homes that people want and need and providing them top notch customer service during the process and for years after! That is how you build a great business! Taking advantage of you clients is not a way to build a good referral business.. Maybe that is how you do it but not me.