Economists Can Say The Darnedest Things About Realtors

I think that the economy will likely recover before housing will and that housing will be a drag on overall economic recover. Realtors And we all know that all jobs created by the housing market during the boom quickly evaporated during the bust. Realtors are represented by The National Association of Realtors who are a trade group and the function of a trade group is to help their members be more successful and represent their interests. Attend a snack food convention and there will be no discussion about eating too many candy bars. Yes they can attest to a condition that helps their members but we should never see them as a neutral go-to resource. That realization has propped up alternatives like Case Shiller and CoreLogic (although Case Shiller has many of its own serious flaws). The customer buys the car and then it breaks down half a mile down the road. To really reflect the housing market, who could have foreseen that the car would break down a mere half a mile from the dealership. I am eagerly awaiting the day we can automate them out of the industry. I understand it is a selling process and recognize what their role is in the process and I take responsibility for the decisions I make. Fraud is a proactive action that I took issue with. Your example of a used car salesman selling a faulty product is completely irrelevant with what happened in the housing market, because the houses that were sold were not faulty, or did not collapse. It was the industry that collapsed due to irresponsible lending, borrowing, and lack of sound policies in general. Going by your example of used car salesperson, could you blame the salesperson, if the day after he sells the car, gas prices surged due to wrong government policies and many other external factors, which caused the auto industry to collapse and everybody to stop buying cars. Miller Says:August 18th, 2011 at 11:28 am Not cheerleading here but well said Yesim. Real Estate Professionals are merely doing their job and their business is to sell.