When the Realtor March to Washington, or Throw a Tantrum at the Local Planning Boards they seem to do this in the Name of the Real Estate Consumer, when in Fact this is in NO Way the Case. The Realtors lobby to keep banks out of real estate, the Realtors lobby to make sure they get to Keep on Being Realtors. They Push their "Political Clout" on local government, town councils, and planning boards to force more and more development even when there is too much in a particular area already.
The Realtors talk the states into mandatory E and O insurance laws, the E and O insurance companies, of course, join this battle. Your State Real Estate Governing Bodies, in quite a few states now, Make the E and O insurance Mandatory, KNOWING full well that this E and O insurance that Realtor Have Makes Darn Sure that the Real Estate Consumer Gets absolutely No Justice from the Realtor who Lied to them, Misled them and Failed to Disclose Known Facts or Issues with the Property they bought.
The Realtors have gotten out of control with their "Governing Powers" - they affect communities and push their way on them - they push out discount brokers and push local real estate magazines to NOT allow the For Sale by Owner.
You would think that the Realtors work for the Real Estate Consumer But instead the Real Estate Consumer is FORCED to work with the Realtor and Gets Absolutely No Protection in their Real Estate Transaction. Everybody seems to be fighting and pushing for what is right for the Realtors and Not making any effor to "Lobby" for issue of Realtors Lying to Consumers - Hurting the Real Estate Consumer with Absolutely No Accountability. Local Real Estate Association either can't or won't enforce rules on their Realtor members. the Realtors have to Much money to fight. And quite often the Realtors Make Way more money then those who run the local association, so they had just better stay in line or get sued... It is a vicous cycle and for now the Realtor is Still Well on Top of this Heap of Trouble.
No comments:
Post a Comment