Amazing, You are right there are many Real Estate Agents that do not belong in this business. In California the loan is between the buyer and his or her lender. If they allow me ( The Realtor ) to be involved then it is my fiduciary duty to advize my client. Often the buyer has not wanted me involved in the loan process, I do not understand as many loans ( done by supposed friends of theres ) I have seen they just plain got screwed.
I do not wait for checks, I am paid when the transaction is complete and working for Century 21 I am very happy because they make sure that all agents complete all of the paperwork properly or they do not get paid.
Yes I have seen way to many agents that have no clue what is in the contracts there clients sign for them. I am extremly happy the market has changed back to normal as many of these agents are leaving the business. They are leaving because now that they can not make a quick easy buck they will not survive.
My 2 cents. |