Saturday, May 13, 2006

Harris Poll: Only 7% Trust Real Estate Agents Completely

"Different professions vary greatly in how much they are trusted to give their clients or patients good advice. According to a recent Harris Poll measuring U.S. adults’ trust in 11 different professions to give advice that is best for them, the professionals trusted completely by the greatest number of adults are doctors (50%), dentists (47%), and nurses (46%). At the other end of the list, those with the fewest adults saying they trust them completely are stockbrokers (6%), real estate agents (7%) and insurance agents (9%)."

3 comments:

Anonymous said...

I know someone locally who received her real estate license this year. She's been ambushing parents at the local school, trying to get them to buy or upgrade. She finally got one single-income family, with a banckruptcy on their records and a $250,000 ARM/IO mortgage on their current home of 5 years, to upgrade to a $550,000 house. She's suggesting they use their current home as a rental. She also convinced them to go into business with her by buying up parcels of land on which to build homes to rent. She's making a huge commission, and she's either a really stupid novice, or she's a heartless and conniving killer, telling them "The market's only going to go up!"

I spoke with the wife of the buyer, and she told me the husband is already stressed out (because she doesn't have a job to help pay for it), they fight about it every day, and the kids are suffering for it. They haven't even moved in yet!

Anonymous said...

Condos offering 50k incentives:

http://sacramento.craigslist.org/rfs/160822758.html

Anonymous said...

7% is about right,i think,but if 50% completely trust doctors it shows an appalling lack of knowledge about the health care industry.i'm in the biz,and although there are brokers i respect i would never go into a deal without performing my own due diligence. condo "investments" are incredible(not credible)...anyone want to pay $350k for a one br condo in rincon valley(santa rosa)that will rent for $750 a month? it has granite countertops you can pound you head against when you come down off that pcp and cheap vodka high and realize what you bought this time.