Hi there,
Why is it impossible to get independent, professional advice on residential property?
There are literally thousands of Real Estate agents masquerading as 'consultants' and 'professionals' but how much credibility can you give a commission salesman in disguise when they only get paid when they sell?
Real Estate agents consider themselves professionals so why don't they offer professional neutral market opinion even if it means perhaps telling a potential purchaser "the market is overheated and due for a fall" or "the apartment sector is over-supplied" etc ?
I mean if I go to a Share Broker by and large I know I'm talking to a professional who lives & dies on the advice he gives his clients based on solid company/market research. This advice can be quantified by the client who can measure the advice versus the return on appreciation or dividend.
Why is it therefore left to 'the investor' of 'homeowner' purchasing/selling a property to be the sole judge of the relative value of a property and market trends?
Shouldn't this also be the job of a Property Consultant (a.k.a Real Estate Agents)?
Where do young first home buyers get advice?
I would say their parents would have a more balanced view on real estate investment when measured against the self-interest groups like banks waving 100% loans around and real estate agents where it's always either great time to be buying or great time to be selling (take your pick)
What say you?
Cheers.
Paul
Why is it impossible to get independent, professional advice on residential property?
There are literally thousands of Real Estate agents masquerading as 'consultants' and 'professionals' but how much credibility can you give a commission salesman in disguise when they only get paid when they sell?
Real Estate agents consider themselves professionals so why don't they offer professional neutral market opinion even if it means perhaps telling a potential purchaser "the market is overheated and due for a fall" or "the apartment sector is over-supplied" etc ?
I mean if I go to a Share Broker by and large I know I'm talking to a professional who lives & dies on the advice he gives his clients based on solid company/market research. This advice can be quantified by the client who can measure the advice versus the return on appreciation or dividend.
Why is it therefore left to 'the investor' of 'homeowner' purchasing/selling a property to be the sole judge of the relative value of a property and market trends?
Shouldn't this also be the job of a Property Consultant (a.k.a Real Estate Agents)?
Where do young first home buyers get advice?
I would say their parents would have a more balanced view on real estate investment when measured against the self-interest groups like banks waving 100% loans around and real estate agents where it's always either great time to be buying or great time to be selling (take your pick)
What say you?
Cheers.
Paul
Comment