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Realtor on a rant to not blame realtors


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2010 Jul 12, 9:28am   7,692 views  40 comments

by Liz Pendens   ➕follow (0)   💰tip   ignore  

I'm still wrapping my head around her argument...

_______________

Shhhhh . . . I have a little secret. Promise not to tell??

MOST PEOPLE BOUGHT WITHIN THEIR BUDGET!

MOST PEOPLE DID NOT BUY MORE THAN THEY COULD AFFORD!

Through no fault of their own . . . they might have got STUCK with a home that they paid for FAIR & SQUARE, that WAS within their means, and now . . .

The cavaliar mention that "there are no short sales" here because people didn't buy more than they could afford . .. all I can say is . . . JUST WAIT!

It's called "trickle down property loss" (I made that up). It will affect your neighborhood, if it hasn't hit already!

Just wait. And it the meantime . . . STOP IT!!

STOP BLAMING PEOPLE THAT 'BOUGHT MORE THAN THEY COULD AFFORD' --because in reality, they did not.

I contend, and believe, the MAJORITY of people bought fair and square -- which is why their loans were manipulated. The subprime stinker dog loans were slipped in and repackaged -- with the MARJORITY of good loans, from good buyers.

WHO THE HELL KNEW THAT THE HOUSING MARKET WAS GOING TO GET SUCKED INTO THE BLACK HOLE created by the Banksers? Who KNEW THE VORTEX OF A FALTERING FINANCIAL FIASCO (I like alliteratives) would suck in homeowners??

STOP BLAMING PEOPLE who, last time I checked, BOUGHT A HOUSE THROUGH THE USE OF A REALTOR®

Did any of you say to your clients: "Hmmmm . . . I think you're buying more house than you can afford" two years ago?

http://activerain.com/blogsview/1737984/-they-bought-more-than-they-could-afford-oh-sure-blame-the-home-owner

~ Representing Buyers Since 1999 ~

Carla Muss-Jacobs, ABR, CEBA, e-PRO, Realtor®

Principal Broker/Owner
EBAPortland, LLC
YOUR Exclusive Buyer's Agent

(503) 810-7192 / Carla@CarlaHomes.com

#housing

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19   a4adam   2010 Jul 13, 6:41am  

Cautious1 says

I’m sorry for being an ignoramus, but having admitted it, could someone help me to understand this?
What a deal, when the agents who promised such great things in the bubble are now the saviors of the shipwrecked. Hallmark should put out a card: “With Sympathy in the Loss of Your Home.”

Probably would be a good idea to start your own thread on this topic or it may get drowned out. Sounds like she needs a lawyer, not an RE agent.

20   seaside   2010 Jul 13, 7:04am  

Cautious1, I think you should make another thread for your question, not at the middle of some other thread. In that way, you may get better answer. I think she may want to see a lawyer.

21   Cautious1   2010 Jul 13, 7:19am  

Thank you, a4adam and seaside.

22   Liz Pendens   2010 Jul 13, 7:39am  

klarek says

If I get my license, then that’s some Realtard’s future commission that I can deprive them of. I’m doing it for justice.

I dunno Klarek, even the strong and (initially) righteous get sucked in.

Had a relative who became a realtor (hate to admit it, but at least not a blood relative, thank God) - he was going to be the 'honest' and 'hardworking' one... the one who didn't shovel shit... the one who clients would value because they would see his true worth...

A year later, the asshole wasn't disclosing to buyers that washing machines weren't hooked up to any plumbing ("hey, if their engineer didn't catch it, then it's certainly not MY responsibility") , was telling them they could rent out the detached 1 car garage as a rental 'cottage' no problem/no permits, was bitching that buyers looking at homes for $899,000 had the nerve to shyly mention the new landscaping was dying off.

And that was in 2004-5. Nowadays, Asshole will sell his mother for 2% commission.

23   junkmail   2010 Jul 13, 7:50am  

seaside says

Why ® at the end of realtor?

It's a registered trademark. Not all agents are Realtors®. As an agent you basically sign on and then BECOME a realtor. They like to claim they are more honest, trustworthy, blah, blah. You basically pay your membership fee, do a Code of Ethics test and let the lobby take over.

The benefit for the agent is they get to wear a little pin and can say they are a Realtor® on their business card. Also they belong to one of the largest lobbys is the US. The National Association of Realtors® runs ads in prime-time for you letting all the buyers know. "Ask to make sure your agent is a Realtor®." So you get extra promises as they sail you down the river.

The marketing behind it is a little weak. I always catch myself saying Realtor rather than Agent, wether or not they are one. The pressure in the industry to become one is HUGE. If you feel like RE is what you love and you want to sell houses seriously (not something between marriages), it possibly behoves you to become one just to get your Broker off your back and you can hang with the cliquey crowd around the cooler. (I guess it just shows you're serious)

Oh yeah.. if you are a Realtor® you get newsletters and can visit seminars to keep you on the cutting edge. They also give you 'canned' statements or answers to tough questions, like...

"Will my house increase in value?"
"Is it the right time to buy?"

The NAR produces answers for all these 'tough' questions. They constantly feed their agents more and more convoluted answers as why it the right time to buy... now! NOW God damn you, Now!

Perhaps this little missive dealt atop here is a creative twist on one of NAR's ideas to "Get eye level with your customers" or "Be seemingly honest, then deceitful" or better yet... "Defend the Fatherland!."

My favorite contention from this trolup is...

"WHO THE HELL KNEW THAT THE HOUSING MARKET WAS GOING TO GET SUCKED INTO THE BLACK HOLE created by the Banksers?"

Wow. Really? In a RE transaction are you not taking a fee?
Does that not imply you are a professional?
Wouldn't you think a professional would see this coming?
If not exactly how it played out... as a consumate professional (Realtor®) would you not guide your clients clear of the impending disaster.
No.
Because you're human like everyone and need to pay your bills. The only problem here is you're messing with peoples lives and fucking them on the biggest purchase of their lives.
Then when things get messy, you revert back to a Mom, and begin to yell... "STOP BLAMING EVERYONE, QUIT WHINING, SIT DOWN AND EAT YOUR FOOD, LEAVE YOUR SISTER ALONE."

We all know the NAR saw this coming, everyone knew it was a bubble. I doubt, EVER, the NAR sent out a reminder. "Remember we're in a bubble! Make sure to warn your customers to er on the safe side..."

24   vain   2010 Jul 13, 8:10am  

Buyers should also form an alliance called Buyor®. There will be leaders that give seminars as to how not to get fooled by a Realtor®

25   mthom   2010 Jul 13, 10:12am  

Carla's latest post is Patrick's personal info, and she's claiming defamation by people on here. Just in case Patrick doesn't know the law on this yet:

http://www.chillingeffects.org/defamation/faq.cgi#QID709

Question: Can an ISP or the host of the message board or chat room be held liable for
defamatory of libelous statements made by others on the message board?

Answer: Not in the United States. Under 47 U.S.C. sec. 230(c)(1) (CDA Sec. 230): "No provider or user of an interactive computer service shall be treated as the publisher or speaker of any information provided by another information content provider." This provision has been uniformly interpreted by the Courts to provide complete protection against defamation or libel claims made against an ISP, message board or chat room where the statements are made by third parties. Note that this immunity does not extend to claims made under intellectual property laws.

Question: Must an ISP or message board host delete postings that someone tells him/her are defamatory? Can the ISP or message board delete postings in response to a request from a third party?

Answer: No, they are not required to delete. 47 U.S.C. sec. 230 gives most ISPs and message board hosts the discretion to keep postings or delete them, whichever they prefer, in response to claims by others that a posting is defamatory or libelous. Most ISPs and message board hosts also post terms of service that give them the right to delete or not delete messages as they see fit and such terms have generally been held to be enforceable under law.

26   Cautious1   2010 Jul 13, 10:48am  

mthom: "Carla’s latest post is Patrick’s personal info, and she’s claiming defamation by people on here."

How can it be defamation if it's true?

27   klarek   2010 Jul 13, 11:18am  

Liz Pendens says

I dunno Klarek, even the strong and (initially) righteous get sucked in.

I have a real job that pays more than these bloodsuckers make, so it's unlikely I'll get drawn in. And unlike your non-blood-related family member, I don't just have a "keep things honest" mentality. I have a concentrated and utter hatred for these pond scum parasites. So hopefully someone will just kill me if I become like them, before anyone else finds out.

28   Serpentor   2010 Jul 13, 11:20am  

Cautious1 says

mthom: “Carla’s latest post is Patrick’s personal info, and she’s claiming defamation by people on here.”
How can it be defamation if it’s true?

Wow that is pretty classless move on her part... not unexpected of course

29   Serpentor   2010 Jul 13, 12:10pm  

well it looks like she thought better of it and deleted that post, although she shows her true bitchy colors by attacking everyone that disagreed with her. I'd hate to be near her during her time of the month.

30   Condohelp   2010 Jul 13, 12:40pm  

Some realators were bad!!! Mine in particular. He was horrible and tried to get us to spend more than we could afford. I don't think you can blame all realators, but I do think many of them were being greedy. I actually lay most of the blame with Loan Officers that made crappy loans. My first job out of college was with Wells Fargo Financial, and they were one of the only companies out on the market that did principle and interest loans and no funny stuff! Even though I didn't like my job and later left for grad school I think they were one of the better companies around. I blame countrywide!!!

31   xrpb11a   2010 Jul 13, 2:11pm  

"Buyers should also form an alliance called Buyor®. There will be leaders that give seminars as to how not to get fooled by a Realtor®"

I love this.....you take your Buyer® with you to your Realtor's® office to sign up. Then your Buyer® and Realtor® go to meet the sellers Seller®. Then the buyer and seller sit haplessly as the Buyer®, Realtor®, and Seller® negotiate over how to cornhole you out of 18%.....for doing jackshit......

32   klarek   2010 Jul 13, 2:35pm  

Well thankfully due to my dilligence in monitoring the pond scum, I have "realtor" as a google alert so I can find out what they're trying to do to Congress that screws the rest of us. If you want to know what their b.s. commissions brought them during the bubble, here you go:

http://www.viralhousingfix.com/2010/07/13/a-dramatic-drop-in-realtor-income-has-driven-a-systematic-decline-in-marketing-spending-data-shows/

I'm an econ guy, but I could be wrong, but does ~$25m to ~$75m over a ~8 year period under or over perform the rate of inflation? That's like taking about a million tons of Oreo cookies, crumbling them up, and dumping them on a colony of cockroaches.

33   Liz Pendens   2010 Jul 13, 10:14pm  

Serpentor says

Cautious1 says

mthom: “Carla’s latest post is Patrick’s personal info, and she’s claiming defamation by people on here.”

How can it be defamation if it’s true?

Wow that is pretty classless move on her part… not unexpected of course

Holy crap, what a bitch - I wonder if she uses the same charming communication skills with her clients.

Patrick I'm sorry if she caused you any grief.

34   Liz Pendens   2010 Jul 13, 11:05pm  

Cautious1 says

mthom: “Carla’s latest post is Patrick’s personal info, and she’s claiming defamation by people on here.”

Well. Seems she's into freedom of speech - Here's a little something from the blog of Ms. Muss-Jacobs, ABR, CEBA, e-PRO, Realtor®:

"Let's contact our Senators and let them know what we think of the DISCLOSE Act. Is it fair to have a two tiered system of freedom of speech? Aren't we all guaranteed the right to freedom of speech? Not according to this administration. Our voices need to be heard. I know I'm going to take action. If I don't now, when?"

Apparently the problem is she can dish it, but not take it.

Here's more of her class act:

Oh the GOOD OLD DAYS -- When it was ONLY a BUBBLE . . . Not a MELTDOWN, NOT A FINANCIAL CRISIS, NOT EVEN A RECISSION

I love to read comments on blogs posts -- mine included -- where people toot their horns: "I knew it was coming"

And then . . . I bow down to them in utter amazement. Mesmerized by their Wizard of Oz powers. I mumble at their feet: "WOW -- you knew "it" was coming . . ."

I'm now worthy. I'm not worthy.

Then sanity is restored, and I realize they are NOT the Wizard of OZ -- and they just love to blow smoke up peoples' butt, trying to convince everyone how "in tune" they were to the market.

Hey Einstein . . . we all knew about "it"

Any idiot with a TV could have known about "it."

http://activerain.com/blogsview/1742768/oh-the-good-old-days-when-it-was-only-a-bubble-not-a-meltdown-not-a-financial-crisis-not-even-a-recission

35   elliemae   2010 Jul 13, 11:48pm  

Cautious1 says

mthom: “Carla’s latest post is Patrick’s personal info, and she’s claiming defamation by people on here.”
How can it be defamation if it’s true?

I don't think one can sue for "definition of character..." but she sounds like a charming, well-informed, delightful woman with the ability for independent thought and a unique command of the english language. An amazing communicator whose writing skills are only overshadowed by her inability to comprehend the true nature of the housing bubble and how her "profession" contributed to the downfall of our modern civilization.

Serpentor says

Wow that is pretty classless move on her part… not unexpected of course

Classless? She's a realtor. I don't believe that class is a consideration in her life at this point.

One of my sisters is a realtor. It's an embarassing family secret that most of us are hesitant to share in public. I trust that ya'll will keep my confidence... When mom was dying, we didn't want to upset her by telling her about sis's "career" choice... instead we told her that she was a homeless street prostitute with a drug habit. We wanted her to be proud of all of us...

36   Hysteresis   2010 Jul 13, 11:59pm  

i can see why the ugly bitch is bitter about life and angry at everyone.

37   mthom   2010 Jul 14, 12:07am  

Cautious1 says

mthom: “Carla’s latest post is Patrick’s personal info, and she’s claiming defamation by people on here.”
How can it be defamation if it’s true?

:) Some of the stuff was a bit more on the hyperbole side rather than truthful. I don't seriously think there's a potential issue, I just wanted to bring attention to it to Patrick since he probably doesn't check out her site.

38   elliemae   2010 Jul 14, 12:27am  

I tried to click on the link - it wouldn't let me in... I feel slighted and more than a little hurt. Oh- wait... I'm over it. But it was touch & go for a minute there.

39   Liz Pendens   2010 Jul 14, 1:15am  

mthom says

Cautious1 says

mthom: “Carla’s latest post is Patrick’s personal info, and she’s claiming defamation by people on here.”

How can it be defamation if it’s true?

:) Some of the stuff was a bit more on the hyperbole side rather than truthful. I don’t seriously think there’s a potential issue, I just wanted to bring attention to it to Patrick since he probably doesn’t check out her site.

From her own blog:

"Opinions, advice, are that of the author and are protected under the First Amendment of the Constitution of the United States of America. All comments posted on others' blog sites are the opinion of Carla Muss-Jacobs and are protected under First Amendment statute."

She's simply a huge hypocrite.

40   mthom   2010 Jul 14, 1:21am  

Liz Pendens says

From her own blog:
“Opinions, advice, are that of the author and are protected under the First Amendment of the Constitution of the United States of America. All comments posted on others’ blog sites are the opinion of Carla Muss-Jacobs and are protected under First Amendment statute.”
She’s simply a huge hypocrite.

Of course. Just like her whole thread - criticize/blame others but when some people put some of the blame on her and her ilk, she deletes their post.

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