“Why is our neighborhood being marginalized by the real estate industry?”

Community, Ethics/Professionalism 5 Comments »

“Why is our neighborhood being marginalized by the real estate industry?” MAAR was asked this in a letter from a concerned citizen. We will keep the writer’s neighborhood confidential in this report so as not to increase whatever perception some may already have. “Recently, it came to our attention,” he wrote “that several families moved here despite a poor rating by their real estate agent. Curious about this, I started asking questions of friends and neighbors to help me define these statements. As a result, I’ve discovered a pattern of behavior by real estate agents that has left me feeling disillusioned about how the industry does business.”

He wrote he’s heard that his community is being called “iffy” or “questionable” or “unsafe” by real estate agents. In addition, he’s heard that almost all potential buyers are being told not to live there and are being steered into an area agents consider more favorable. Baffled, he wrote that his neighborhood association is well organized and keeps the community looking nice. They enjoy proximity to shopping, quality public service, and a safe environment. He is proud of his neighborhood and considers it an excellent place to live.

Is his observation about agents a valid one? Are agents spreading rumor and hearsay and as he wrote “nurtured from word of mouth labeling and ignorance of the facts, and born out of laziness”? Let us hear your suggested best practices in this regard.

Posted by Jules Wade at 6:04 pm

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