Tag: true fiduciary

Not One Dollar More!

A new homebuyer book is out that every homebuyer in the US should read before even talking to a real estate licensee/salesperson – Not One Dollar More! – How to Save $3,000 to $30,000 Buying Your Next Home.      This is a new edition completely updated for 2018.  I had the privilege of helping to update the book for this latest edition.  The second edition was published 18 years ago.  Much has changed in […]

Stop Calling Yourselves “Agents”!

“Stop calling yourselves ‘agents’ unless you really are an agent within the meaning of centuries of well-settled common law. .‘, remarked Maureen Glasheen, Esq. in a recent email to myself and others.   Maureen is a former General Counsel to the New York Department of State. She continues, “ONLY persons and firms who transact business on our behalf subject to our lawful instruction SOLELY IN OUR BEST INTEREST, (a/k/a Undivided Loyalty) meet the common law […]

Are you an Enlightened Agent or a Low-information Agent?

en·light·ened Adjective:  “Having or showing a rational, modern, and well-informed outlook.” Synonyms:  “Informed, well informed, aware, open-minded, broad-minded, educated, knowledgeable, wise.”   So are you an “enlightened agent” or as Ryan Fletcher, the author of “Defeat Mega Agents” refers to the traditional real estate industry licensee/salesperson, a “Low-information Agent”?  From Ryan Fletcher:  “It’s an unfortunate truth, but “The Guru Party,” made up of; the trainers, brokers & endless supply of coaches—and what they teach—are the […]

So What Went Wrong?

Ahhh, the demise of a once proud profession…. THE PAST: The real estate industry was never as greedy and deceiving as it is today.  Back in 1986 – From the NAR, National Association of REALTORS©, Publication (underlining is mine), “Who Is My Client?  A REALTORS® Guide to Compliance with the Law of Agency”:  “The legal concept of Agency with which this booklet is concerned is, however, beyond question the most fundamental of all the legal […]