where in my post says that "i claim ignorance"?
for your benefit here is the "instant replay":
To:Murali Boyapati who wrote (21193)
From: X Y Zebra Wednesday, Jun 2, 2004 2:00 PM
View Replies (2) | Respond to of 21225
as an investor in RE it is best NOT to have a broker license (or any license whatsoever) as it opens the liability door a little wider, since you would be deemed to be an "expert"
it is better to fly the dumb flag and simply have keen eyes, ask lots of questions, [have the answers on paper] and a sharp pencil
let the Real-Trolls© take the credit... -g
Message 20186921
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i do not claim anything. indeed I say nothing, but i ask questions... "because i do not know" i.e. i am dumb, i do not know nothin' (implied, NOT explicit).
flying the dumb flag does not require that you go around saying you are ignorant, that would fall into the doofus category -g
it is YOUR assumption, such as it is in your response, that you put -your concepts into my words-
i.e.:
it could be shown that this activity is a means for your livlihood and claiming ignorance would be thrown out the door. In fact, it can be shown that you are an expert it in this field, and that the degree of liability would be equal or greater than that of an agent. Even for passive investing, be careful about the claim of ignorance.
My livelihood, dos not come into play, I am merely buying real estate and making NO representations, other than "ask questions" (and writing the answers down). period.
are you saying that being smart and preying on fools and doofus is deemed... what ? illegal ? or open to liability?
I can see the trial attorney claiming to the judge...
"Your honor, this evil xyz was too smart for his own good and "played dumb" and paid TOO LOW a price for the shitty, er excuse me... the real property that Mr. & Mrs. Doofus used to own... now that he has improved it, we demand that he shares his profit because he did not tell us what he was going to do with it .... I mean, Mr. & Mrs. Doofus could have done the same thing... Oh and let's not forget Mr. & Mrs. Doofus cousin.... Charlie the Real Troll© he should have known better he is liable and ought to compensate the Doofuses.... for their grief, pain, and suffering.... sob, sob... sniff, sniff...
LOL!
they say... "in a shut mouth no flies can get in"
tscht tscht... that does not mean "misrepresentation" or failure to disclose a material fact.
so, under that scenario, tell me sleepyhead...
how is it that I am exposed to liability? remember, I am NOT claiming ignorance, YOU already made such assumption, hence I am already ahead... by the simple fact that you DID NOT READ THE POST... are you a Real Troll© too? -lol
your response is PRECISELY why I have little respect for my beloved Real Trolls© friends... you do not read you merely skim through the post and immediately jumped to conclusions.
Respect is earned, it is not given just because you received a license, particularly one where the test could probably be passed by the eight grade children of Transylvania... our distinguished thread-mate
Tradelite seems to make similar assumptions as yourself...
as he asserts categorically that...
Obviously, you haven't met many experienced real estate agents--nor a single one of my former clients, who were not quite the dummies you assume such people to be.
Message 20185987
LOL... did you read that... FORMER clients LOL if he is as good as he says he is, he would not have "former" clients -g
does he know me ? not at all, and yet he is convinced that I am his close cousin Rufus D. Doofus, certified Real Troll©
did I say "ALL real estate participants are dummies/idiots?"
A = NO, I said the majority of agents and buyers have reading disabilities ... and are dummies too -ggg
Message 20185942
The intent of the post addressed to him was to puncture his self inflated balloon about the participants in the residential real estate industry... attempting to give the image of such an ideal world... that was it...
but I digress... getting back to your post...
what is it that "will be thrown out the door" ? how can it be "shown" that I am an expert? I cannot possibly know much about the property that I am asking questions about? given that I do not own it...
How can my degree of liability be equal or greater than that of a "LICENSED" agent, who has undergone study, continuing education and indeed TESTS? he is trained to represent members of the public (that is one of the reasons for "ethics class") -g
I can not possibly have "conflict of interest" a licensed person could. I am doing this with absolute intent of making a profit... greedy, profit, the bigger the better... last time I checked, profit was still legal... in some circles it is a dirty word, particularly when you add a pinch of greed to it... whereas "conflict of interest" can lead to ethical hot waters... that's no, no voodoo in Real Trolls© land...
please expand on your idea that I should be careful in my "claim of ignorance"?
Do you really think i would go to present an offer and say...
Hello, I am Rufus D. Doofus and I know shit about RE, would you sell me your property at my price ? [better yet, would you adopt me as your son and give it to me as part of my inheritance?] -gg
the great thing about "playing dumb" (again, implicitly, NOT explicitly) is that if they bite... it is a lot of fun to observe the efforts to 'educate' me in the dark art of.... real estate... -g
let me be more... explicit.
my point in my post about NOT having a license was merely to let someone know about the perils of holding a license, particularly if one intends to be an investor in RE...
for starters, one could deem and or imply that there is a "conflict of interest" since as a licensee you can open doors that otherwise it would be more difficult to have access to... i.e. the Multiple listing service as a broad example...
further...
did you get a license to have access to such information and NOT to act as a representative of a seller or buyer ? (as the licensee more easily could be thought of)
When do you put on the "salesman hat"... or the "listing agent -representative of the seller- hat" or the "investing for your own account hat" ?
"you should have known" is written all over your face as a licensed person. you are... The Man (or Woman).
just a clarification, of course.
trust me...
are you an investor ?... then... don't get a license, if you do have one, get rid of it...
or else...
YOU are Rufus D. Duffus, Real Troll© |
