Your State Real Estate Regulators are On the Side of the Realtor, NAR Member - You Lose

The National Association of Realtors will stop at nothing to make sure that you have to use a member of the National Association of Realtor, hence a “Realtor” in your real estate transaction.

Realtors Lobby in Washington D.C. constantly to keep you down, to make sure they are needed and to ensure that laws are passed that “are in your best interest” only these laws are directly against the real estate consumer for the benefit of the Realtor. They push for laws to make sure they keep their hands in your real estate transaction. They control your data, your sale, have their hands in your mortgage laws and more.

If Realtors, Even Real Estate Agents want to cut real estate costs and to use the power of the Internet to market and sell real estate in a way that makes it cheaper and safer for you, the National Association of Realtors will squeeze them out. Those giving you better service for cheaper money online, and emailing often to keep you involved - the State Boards want them to go away. The Realtors, convince these boards that it is your best interest or force them to change the State Laws by pressure, money and political power.

The National Association of Realtors has convinced the State Lawmakers to make your “Real Estate Brokerage” have an office to be ready to write a contract. With the Internet this is ridiculous but State Law makers such as a letter I just got from the Idaho Real Estate Commission, they are making it Mandatory to be Available in person, ridiculous when the buyers are on the Internet.

But it is simply a way to keep the Big Boys, the Franchise and the National Association of Realtors in business a bit longer until the Real Estate Consumer wakes up and realizes that they have once again been duped.

I Don’t understand how the National Association of Realtors can convince lawmaker to make laws that are no where near “legal” or based on your constitutional rights, but oh well the National Association of Realtors owns your real estate transaction and as long as you use a Realtor, you keep them in business. This stuff affects you and you are left way out of the loop.

Using your State and Federal Laws against you is a favored past time of the National Association of Realtors and they are just getting started on the biggest battle in all this. So you will see new laws and real estate licensing mandates pop up left and right in hope to stop Real Estate Agents like me who charge $50 a year for you to market yourself vs. those National Association of Realtors Offices in your town which charge 6 or 8 percents, treat you badly, have forms for you to sign that protect them and not you and have insurance to protect them from you - even if they lie outright.

What is the definition of being “available” well 24 - 7 on the Internet is not what they have in mind. They want your real estate agent ready to receive and write contracts at any time. This is in no way best for the real estate consumer, they Real Estate Commission, say in Idaho, pretends it is best for buyers and sellers if we have full time staff, but in the world of the Internet it is not best. It costs you more.

You Deserve Better then you are getting. Let you State Real Estate Commission, Board of Realty Regulations or whatever they call the governing body in your state that you won’t stand for this anymore. The National Association of Realtors pushes lawmakers, they have lots of money and they do not information the public or give you a right to choose, and your State and Federal Lawmakers do what Realtors want.
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They do this either to Shut them up or if the National Association of Realtors has actually convinced them that is in the consumers best interest. I have read documents, some are posted at www.SavvyBroker.com that show where E and O Insurance Companies and the National Association of Realtors convince State Boards to make E and O insurance Mandatory, they Flat Out lie at these meetings with states like E and O insurance is, in part to protect the consumer and in part to protect the “Realtor” from “frivolous lawsuits”.
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I have experience with the kind of “frivolous lawsuits” Realtors are protected from and this means that if you lose your home, life savings or have serious issues with your property that they sold you, oh well, they can legally lie and the E and O insurance will protect them.
Even though they pretend to be for consumers as well when at your State Realty Board Meetings, they email me a Broker Owner and Tell me that my E and O insurance is “not intended” to protect my clients.

NAR is gearing up to make sure that you have to use them… they will get laws changed, control your state and federal real estate governing bodies and will be all about creating Revenue for Realtors and not about Protecting you At All as a Real Estate Consumer.

They say that being a NAR member is not mandatory, but they block non-members at every turn in the road. Forms yes, MLS, but also the bigger issues. They want the Dept. of Justice to think that Real Estate Agents can do business without being a Realtor and that we choose to be a NAR member because it is of a higher standard, but this is in No Way True, we have few choices left even as a Broker Owner. And the National Association of Realtors owns and controls your State Real Estate Regulators... You Lose.
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Also ref. a New Idaho Law, More on that Later, where I have to be "Available" for contract writing, not here online but all staffed up, have an Idaho storefront and the whole deal, this is true in Washington as well and is a way to squeeze out the Online Brokerage that are working harder and smarter for you, keeping you more informed, giving you cash back and well treating you with the dignity and respect you deserve.
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Is Being a Realtor Mandatory ?

The National Association of Realtors says it is not, however many State Governing Bodies do not provide forms for non-Realtor members, they do not provide legal council of any kind, Realtors, NAR members are not required to pay non-members a Real Estate Commission. E and O insurance wants you to be a National Association of Realtors member so that you are of a "Higher Standard". And if an Agent is under a Real Estate Broker that is a member of the National Association of Realtors then that agent has to be a Realtor member, no Choice.
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Plus many cannot do business without MLS access so I would Say it is Mandatory, and it is quite a scam that the National Association of Realtors has going.

NAR must just have to say it is a Choice and Not Mandatory to stay within Federal Anti-Trust Laws... though NAR association attornies have brought to my attention that it is felt that the real estate public will "die" if they do not use a Realtor ( that story at www.OliverFrascona.com )

The Reality of Suing For Specific Performance

Suing For Specific Performance is not what it seems to be. However, it is a favored threat that will usually get a Real Estate Consumer to Do what the Realtor wants them to.

When a Buyer or a Seller wants the other party to follow through on a signed contract but they don't want to, they take it to the courts and they sue for Specific Performance. Trouble is, it often takes years to resolve and there are many "contractual" loopholes as well as he said - she said things that get in the way. Obvioulsy it is best if all parties agree. If a buyer forces a Seller to close, oftentimes it is because the buyer has another buyer. And the Seller can play this game to, they can refuse to close on their real estate transaction with the first buyer because they have another buyer that will pay more waiting in the wings.

I have seen Mortgage Brokers facilitate real estate transactions, yes illegal - yes unlicensed - and no - no one cares, anyway I have seen these closings go to the Title Company, no problem, without a signature from the buyer, whereby the mortgage broker changed the document and all kinds of fraud was taking place. All the while the title company, First American Title, saw no red flags or problems with any of it. The Seller sought out my help as a real estate consultant, I charged nothing, and through examing this shady deal, the Seller walked out of the deal pending a new "legal" contract.

The big bad mortgage broker got mad and told, yes told - and yes they listened, told her buyer to get an attorney and to sue the seller for specific performance. The buyer did, and the real estate attorney took the case. This attorney bullied the seller into thinking they had to sell their home under these conditions. I advised the Seller to step back and take a look at all this a bit harder. I told them that if they still wanted to sell and had no money then they should have the Buyers Attorney wirte up a new deal that was legal and that they were happy with. I also told them they had NO binding contract.

I do not need to be a real estate attorney to know that with no legal description and no buyers signature the Seller could NOT be sued for Specific Performance and the Real Estate Attorney was Flat Out Lying to them, and trying to bluff them into doing what the buyer wanted. You see the Real Estate Attorney believed the Mortgage Broker without even talking with the Seller.

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I have also seen Seller just change their mind, after a signed contract and the Realtor says ok, but my client will be forced to sue you for specific performance, after this the Seller usually give in at the thought of a lawsuit. The Truth is if you dig your heals in there is not a whole lot a buyer can do to make you sell, yes a court can take years to make you sell at that price, but is really worth it. Meanwhile the digruntled Seller is living in the home, knowing that at some point if the buyer wins they will get their price, but meanwhile they live there for free. Oftentimes in this situation of harassment and diress they may damage the property, they may stop paying taxes and bring further adverse situations onto the property that the future buyer will have to deal with. If the Seller does not want to sell and is willing to go past that first "bluff" of suing for specific performance, then I say seriously think about walking away. The years, the money, the stress and time ahead of you may not be worth it.

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I have called the "Bluff" before when a Realtor tried to tell me that their buyer would sue me for specific performance, I said, come on you know how long that would take, the Realtor said yes my last one was six years. So I said my Seller does want to sell but you know that you cannot sue us for Specific Performance. In this instance the contract had many issues where the Seller could have easily chose not to sell.

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So though you should follow through on a contract you signed, still there are many loopholes to get out of it and NEVER - Ever take the Realtors would for it. Dig you heals in, if you don't want to sell or feel something is wrong with the deal, Do Not Sign until your comfortable and if your never comfortable then don't sign. When and if you have your day in court, simply tell your reasons why, back it up with as much information as you can and don't let The Realtor Bully You.

Landlords as Your Seller

It would shock you to see what happened to your home before you bought it. I rented a place in the last year or so to try out a new area before moving there. The home seemed ok at first, however they landlord made us pay 2 weeks early even though we were not yet ready to move in. Once we got in, it was still freezing temperatures outside. The Landlord let the propane run out so there was no heat. We had to pay to reset the furnace because they were to cheap to put in some propane, which was best for well being of the furnace.

Once we moved in, we noticed horrible smells from the carpet, the landlord said that there was no smell, they ignored our pleas for help. It was a horrible - nose burning smell and there was not way to clean it or get away from it. The "handyman" told us that he had rented the home a couple of years back and the smell was there at that time and the landlord would not fix it. The Landlord refused to change the carpet out, knowing full well that it smelled as bad as we said it did.

Throughout the next few months there were toilets upstairs that leaked down onto walls below, the landlord sent the handyman to paint kilz over the water stains and left it at that. They did not replace drywall, they barely fixed the issue, we were constantly waiting for the next blow up to get Our Things wet. The Landlord did not care.

There was a Major and smelly ant infestation, the handyman happened to be a carpet guy, he replaced the carpet, I heard him on the phone with the landlord, he told the landlord, "I told you about these ants last year", so another problem that the landlord ignored. The Handyman told the landlord, "we need to treat the floor before the new carpet goes down", no problem, the handyman told us that he would be back in a few days after the floor was properly treated and that he wanted to do the job right. An hour later the handyman was back and said well the landlord said to just go ahead and spray some bug stuff and lay the carpet down, so that is what we are going to do.

The "handyman" told the landlord months before we moved in that the beams under the hot tub were about to break and that no water should be put in until those beams were fixed. The landlord never told us, the beams did get fixed in time but that is because of what we did to push the landlord to Help Us. Still to this day there are electric and water issues, water damage, and other major issues wrong with the home that a buyer would never know.

The handyman told us that the roof leaked and had been replaced in parted recently, the Landlord Flat Out Lied about this. We knew a whole lot of Kilz had been painted before we moved in.

There was a toilet issue upstairs, turned out the landlord knew he installed it wrong and there was an issue with the new seal and the toilet, yet he let me put my entire office below this area with no warning and of course it blew.

Water poured in windows, the landlord just caulked the window, did not really fix the issue, and never even painted over this water damage, just left it, wet carpet and all.

Turned out they had other homes in the area and put those tenants through the same kind of hell.

These landlords, which one day become Sellers had no regard for the Quality of life of their tenants and they only did what they "had to do". More later on how we got them to actually fix some of this stuff.

The Rot, the Mold, the Stains, the issues in the walls that build up all the while the landlord is "renting to pay the mortgage" ends up being you, the real estate buyers problem. And you never even saw it coming.

If at any point in time you end up buying a home like this, you won't know for about 6 months that anything really happened, until the odor or the stains come through the Kilz Paint (a Landlords Best Friend)

The Best way to find out about a house like this before you buy is to rent to own, have a lease option, talk to the Handyman, talk to neighbors and anyone that may have worked on the house for any reason.

Much More on this Story Later.. It is Very hard to tell what happened in a home before you buy it, in fact it is almost impossible and believe it or not the "Rumor Mill" can save you thousands to millions and maybe even save your life...

Knowledge Is Power

Realtors Role in Your Real Estate Recession that they Benefitted from. Realtors and the Economic Collapse.

The Realtors, Mortgage Brokers and Appraiser got banks into bad real estate loans and with the banks consent most of the time. At first it seemed that the banks did not know, and that they somehow believed real estate values were really rising that fast.

When the Banks realized, from my perspective and in my opinion, the banks were like wow, what a cool way to make huge money with no repercussion. Meaning they could get buyers into these no money down loans, stated loans and other easy loan. As well as get Sellers to actually include the down payment and loan costs into the loans

I mean if the Realtor and the Appraisers give it this “Value” and it is all documented by them, the “licensed professionals” and backed up that mysteriously, supposedly accurate MLS Sold Data then it must be legal and legit right? And as long as they meet the “supposed regulatory” guidelines then it is all ok somehow.

The Banks got the mortgage broker to sell their loans and paid them plenty to do it and then the banks and their top people made really big money hand over fist until the gravy train left town.

The Banks knew that the ride would be over at some point so they had a plan for the end. Come on you know it’s true, they saved money, they invested money, the hid money and when the Gravy Train went over the cliff, the Big Boys were actually buffered. And you, the Real Estate Consumer paid the price and you are still paying.

It was always and is going to be the little people, the home owner, YOU, that pay for their error in judgment, their lack of accountability and their blatant attack on your life.

The Realtors make you believe that it was a “Good Time to Buy” and you thought they were the experts and that prices would continue to climb. So you trusted them, but now you know, Right?

The Banks knew it could not last, the Realtors and Mortgage Brokers kept on pushing and they still are, and you would pay the ultimate price. But hey, in the mean time the Big Banks, the Lenders, the Investors in the Secondary Market that bought your loans, the Realtor and the Mortgage Brokers, they all made a lot of money and when it came time to reconcile the books, the banks laid down and reached a hand up to the government to save them and well the government had to.

The Mortgage Brokers stayed in business, without skipping much of a beat. They are still lending, still lying, still falsifying documents and the FBI and Department of Justice is turning a blind eye to the Real Estate Consumer.

The Realtors are still in business, telling you all is well, and it is a good time to Buy. The Realtors are somehow finding a way to Keep the Fingers and the Media from pointing at them in this so called "Real Estate Recession".

Funny how, Realtors, are suppose to be of a "Higher Standard" and they are suppose to be Real Estate Professionals but all this time they were lobbying against the consumer, getting them into bad real estate situations, not monitering real estate data and creating the False Real Estate Values and the Real Estate Industry that created and helped to sustain this whole real estate collapse, this Economic Collapse.

Realtors are cozying up with the Obama Administration and lobbying to get back to work. And their job is taking from you. Realtors do not lobby for what is the best interest of the Real Estate Consumer. You must protect yourself from the “Realtor Agenda” – if you “get screwed”, lose your home, your family gets sick or you suffer severe financial loss after using a Realtor on your Real Estate Transaction you can know that you read my warnings and you were aware that it was a very big possibility.

If Big Business is somehow afraid to tell you the Truth, I am Not, I am the Real Estate Industry Whistleblower, a Real Estate Industry Insider that is Pointing a Finger at the Realtors, the National Association of Realtors for their Major part in this Economic Collapse that is based in bad real estate loans and the secondary lending market that was based on real estate SOLD data and lies and deception of the "Realtor" industry.

Banks gave too many bad real estate loans with the help of NAR and the Realtors along with the Mortgage Broker and the Appraisers and when the inevitable happens, the banks failed of course, it was obviously coming. The signs and information was there yet the Realtors, NAR kept telling you that it was a good time to buy.

Meanwhile the banks and those running the bank have spent plenty of money along the way.

You get foreclosed on to seize those asset in effort to hold onto something, be it the bank that does it or the FDIC that does it when they take over the bank.

What you need to know NOW is that they are all restructuring and they are coming back to prey on you. To tell you that it is a good time to buy, to fail at Full Disclosure, and to get you into loans that you cannot afford as well as sell you homes that they are really clueless as to whether it is a good investment or if you will be happy and healthy there.

It is up to you.

And they are back at…

You need to be Aware that this will Happen Again, but this time you will see it coming. Do Not Trust the Realtor and the Mortgage Broker to tell you the truth about what affects the rest of your life.

Buying a Small Town Business, or Really any Business Using the "Tax Returns" as Proof of Income.

We will Talk about this Issue More but for Now I want to tell you about something that happens when buyers buy businesses. The Seller shows them tax returns that say how much the business makes and oftentimes these tax returns are not real. The Seller simply filled out the forms as a fake to show the buyer to pretend the business made that much.
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If you call the IRS to verify they won't tell you anything and don't care if it is not true. I have seen this happen, so don't buy a business based just on the tax returns as proof of what a business can do financially. It may be a Lie.r

Buying a Business in a Small Town

I don't recommend buying a small town business. I mean if it is a really big name, that is one thing. However in a small town, in my opinion or in a "seasonal town" it is better to buy a commercial building and stock it with "the goods" rather then to buy someone else's name and not have the real estate under you.
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Also in the "modern world" a website is oftentimes better then a small town business when the Internet is open 24 hours a day, 7 days a week. and The Whole world is walking by.
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More on this Later.

Buyers have an Obligation to Check Facts

Boy this is Magic Isn't it?

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The Realtors put this on their Standard Forms and You Lose.

How far does this let the Listing Realtor Go with Lies and Deception?
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Well a Long way.

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If it is up to the buyer and buyers agents to "check facts" than the listing agent can pretty much say whatever they like right? I mean you can't prove they said what they said anyway?
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How does the Buyer and the Buyers agent check these facts ? Well most of the time they go through the Seller and the Listing Realtor anyway. If they do verify some information at the County Records or Water Rights Bureau for Example, that does not mean that the Listing agent is not lying or failing to disclose known issues and it does not mean that they had all the pertinent facts to begin with.
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Buyer and Buyers agents to check all facts, to somehow verify information should not be on the Realtors forms, this is just one more way for the Realtor to legally get out of telling the truth or failing to disclose known defects.
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It really is Impossible to verify all the information on a listing or given to you byt the listing side or your real estate transaction. So much can be hidden, and it is pretty much impossible to prove that the listing agent or the seller knew. And even if you do prove, you will have a horrible time and spend huge money and years of your life fighting for what you should have been entitled to in the first place.
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So don't trust that your buyers agent will check all facts, really they cannot and you must check for red flags in your real estate transaction and on the subject property for yourself. If your Listing says that you have lake access, for example, make them prove it with a recorded document because Realtors are Legally "Allowed" to advertise, to claim and to put on the MLS that there is lake Access even if there is Not. r

Much more on this issue and on Standard Real Estate Forms that Realtors use Will Be Posted on this Site.

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