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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: bozwood who wrote (2828)6/19/2002 2:08:10 PM
From: GraceZRead Replies (3) of 306849
 
And buyers of real estate may not now understand that they are customers, not clients, when consulting with a realtor.

How could they avoid knowing this considering every single article I've read about buying a house in the last twenty years states that the agent represents the seller's interest unless the agent is a buyer's broker. One would have to have been living in Montana in a shack with no electricity to not know this by now. Plus, I even think the last time I signed a sales contract I was given a piece of paper disclosing this very fact to sign.

One of the funnier things I read about stock brokers twenty years ago was that before you call your broker look in the mirror and repeat three times, "My broker is a sales person, my broker is a sales person, my broker is a sales person...." Yet people still think that their broker is going to look out for their best interest ahead of their own.

Why does anyone expect that anyone else on the planet with the exception of their own mother is going to look after another person's interest ahead of their own? People have to look after their own interest, always.
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