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To: gemma0000
I have held a real estate license for many years, though I have never used it.

It shows...based on your post lumping all real estate brokers and agents in with common criminals; in Texas you'd have lost your licence already.

Some agents and brokers are corrupt, but the majority are honest.

97 posted on 07/09/2007 10:48:48 AM PDT by cbkaty (I may not always post...but I am always here......)
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To: cbkaty
"It shows...based on your post lumping all real estate brokers and agents in with common criminals; in Texas you'd have lost your licence already."

You need to go back and read my posts. I actually lumped them together with LAWYERS, because there are inherent corrupt practices in both professions. I am referring to corruption that is, unfortunately, accepted by society and practically never prosecuted as a crime, though it is a crime. I am talking about how attornies assemble their fees according to 'logged time'. It is so easy to increase the actual time on these logs that its nauseating. A two minute phone call is, to them, a fifteen minute phone call. And a fifteen minute phone call to many of them becomes a half hour call, due to their 'minimum' phone time charges. Thus, they can recieve several calls in a one hour time period, totalling only 20 minutes, or less, of their time, and then recieve from these clients a full one hour sum because of their 'minimum' charges. They will often take these calls while speaking to another client in their office, and they will charge the client in their office for the time they spend on the phone with other clients, and they will charge the client on the phone as well. This means, of course, that they were working for several clients AT THE SAME TIME, which is quite impossible in reality. This is but one example of inherent corruption by lawyers.

The inherent corruption by RE sales people is one of non-disclosure. Agents are required by law to disclose only certain things that would be discouraging to a buyer, but they will almost always omit from their sales pitch other important factors that would otherwise discourage the buyer. Yes, it is caveat emptor, which is just real estate lingo for "sorry sucker, you should have found this out for yourself".

103 posted on 07/09/2007 11:33:46 AM PDT by gemma0000 (They obscure the truth by calling it an issue of "immigration"-but it's an issue of LAW ENFORCEMENT.)
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