Tuesday, May 25, 2010

The Elephant in the Room.


This is a Real Estate Blog, right? It’s logical to assume that you’re going to get some commentary when a GREAT BIG story appears on the front page of the paper about a local developer being charged with fraud (and more), right? The fact is that I DID post a very critical column on the issue, too critical, and I was advised to delete it, which I did. The advice was good I believe. After all who am I to judge until all of the facts are known?

Every real estate office and meeting this week features this great big elephant in the middle of the room. It’s the topic on the minds of many of our customers and all of our associates. But we are justifiably cautioned not to jump to conclusions or point fingers…we are expected to not have too strong an opinion.

The point I was trying to make in my deleted post however is still valid; that too often when the term real estate is used in the media: “Real Estate Developer Charged…” or “Real Estate Lender Arrested…” all people hear is “Real Estate”. And when people think real estate they think agent. And so to some people every story about some under-handed, illegal, profit-scamming REAL ESTATE scheme becomes just another hash-mark on the list of reasons to dislike real estate agents.

Not fair! The Realtors that I know are all highly ethical, family oriented and community minded individuals. They coach kids sports teams, serve on City commissions, sit on the boards of local charities and hold blood drives. And they take their commitment to the best interests of their clients seriously.

And so…let us all reserve judgement on the recent headlines until all of the facts are known. In the meantime let’s try to remember that when you see the term Real Estate used in the newspaper it just might be a story about all of the good things Realtors do!

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