How much is too much?

How much is too much?

  We have information at our fingertips, all day long. TV, print, Internet, social media, everywhere we look there is information. But, how much is too much? I catch grief about this, but, I rarely watch the news. I don’t believe we need to know all the details of a mass murder and innocent lives being destroyed every day. And, it’s not just the news. You can go on a number of medical websites and diagnose yourself with all sorts of horrible illnesses and be convinced you have meer weeks to live. I know that is taking it to an extreme, but we are armed with the information but not necessarily how to use it. When I go to a doctor, for example, I go either with symptoms I need resolved or an objective I would like met. Then, I leave it to the professional to assess my situation and give me the best possible solution, based on their knowledge and experience. Now, it is perfectly except a bowl to ask questions about something I have read, however a lot of public information is in accurate or does not fit my particular issue. How many times were you going to be given millions of dollars from Facebook or free airline tickets from simply typing a post on social media? It is a world of information overload and it is not necessarily making us better. I have found it can be detrimental into Waze. We can either read so much information that we feel we are an expert though we have never had a single day of formal training in a particular field, so we try to do it ourselves. Or, the opposite can be true, we read all the information and are so confused that it paralyzes us, and we do nothing. Read. Educate yourself. But then leave it to the professionals to do their thing. In the end, you’ll save yourself a lot of headache and, possibly, liability....

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Warning! Not All Agents are Created Equal

Warning! Not All Agents are Created Equal

I was in a Broker class yesterday. It was led by a Tennessee Real Estate Commission Board member. In my own paraphrase, the class was a warning that not all agents are created equal. And, while the attendees already knew that, the point was driven home even more by what we learned. The Tennessee Real Estate Commission or, TREC, receives complaints from consumers against real estate licensees. They, along with their counsel, determine the outcome of those complaints. Results range from dismissal of the complaint to revocation of licenses. In some cases, agents may only receive a written warning. In other cases, agents must pay a fine and/or attend a certain number of hours of continuing education. We were given examples of actual complaints and how they were handled. What was most interesting to the attendees (all attendees were Brokers, therefore, everyone had been licensed for a minimum of 3 years and most have been licensed for many more than that) is the lack of professionalism in the real estate industry today. I hate to say that out loud since that is my career, however, I think it’s important to acknowledge in the spirit of protecting the consumer. It is very easy to get a real estate license. And though there are requirements for continuing education, it may not be enough. The industry is changing so rapidly, that agents need to be educating themselves constantly. They need to attend events where they learn about products, industry changes, etc. and they need to become an expert. That is what consumers pay us for. I would warn that not all agents are created equal. When you are hiring an agent, here are some questions you can ask. You may also want to ask if they have ever had a complaint filed against them. Like any industry, there are bad apples, but also, good intending people make mistakes. If an agent has had a complaint filed against them, find out what the outcome was. It may not be a deal breaker. Most of all, it is likely that they learned from that mistake and it won’t happen again. Make sure they are a Broker or have a Broker they can go to for help. And don’t be afraid to ask questions along the way. Agents should protect you and should help take the stress out of buying or selling real estate, not cause more anxiety in the...

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