Wax On

I talk to people every single day who have fallen victim to bad real estate advice from agents just looking to make a quick buck. Did you know that 1/3 of the 1.3 million real estate agents in the U.S. performed 0-1 transactions last year? And two-thirds performed less than 5 transactions. In reality, less than 10% of real estate agents do more than 90% of the total volume of transactions. So, here's a question. Would you trust a surgeon who only did one operation a year? Then why would people trust any agent with a license and heart beat to handle the most important financial transaction of their lives?

It's time to raise the bar on our profession. We need to raise the standards, raise the ethics, raise the barriers to entry, raise the educational standards... Should I keep going? Then people will seek out competent real estate counselors for guidance on truly important matters. My soap box for the day!