Oh joy.
Nothing I posted is false. At least, in your mind. BTW, this is also the standard bigot statement as well.
If your experience about Realtors is different then you have not been in Real Estate very long. See. This is a false statement.
Realtors do not understand investing. Ah! Generally speaking, a true statement! However, as Henry has already pointed out (which, btw, was education from a, yikes, REALTOR), understanding, and teaching, investing is not the function of a RE agent.
If you want to really understand Realtors you should become one, then you will really appreciate how fun it is to work with them.
Are YOU a REALTOR? Heck, I’ll go you one better than that. I bought the whole company!
Let’s review:
Realtors just aren’t going to know as much as investors.
About what? Investing? See above. Life? In general? What? BTW, I see no post here that has been as informed in it’s information as Henry’s, who is a Realtor.
Realtors got into the business of being a Realtor because they thought it would be easy money also known as lazy money.
Well, this one is just loaded with falseness (is that a word?). Realtors don’t get into “the business of being a Realtor.” A person who becomes a licensed RE agent pays a fee to join the Nat’l Association of REALTORS in order to be called a REALTOR and “the business” that they get into is listing and selling real estate. And using your statement, change the word “Realtor” for “RE investor” and you also have a generally fair statement. That’s why 95% of most “investors” don’t even make the first purchase. Heck, at least in the RE agent world, the ratio of success is about 50-50.
They are by nature worthless, but you can still use them. First, “by nature?” What’s nature got to do with it? If they’re worthless to you, fine. I think that you’re misusing your tool, but that’s my opinion (not a fact, as you say). However, this statement is a contradiction in and of itself. Something is either worthless, or it’s not. If you can still use them, then they are not worthless. Again, it’s simpy using the right tool for the right job. Kind of like the car salesman/mechanic or plumber/electrician thing, but I digress.
I would only use local Realtors, they have the best chance of finding local deals. Okay, I’ll apologize upfront for this, but the only thing that came to mind when reading this statement was…DUH!
Raj