Real estate reform must come from within the industry
Letter to the EditorBy Inman News, Thursday, April 14, 2011.
Re: 'Another day, another call for real estate reform' (April 7)
Teresa Boardman's complaint about outsiders wanting to reform real estate may be valid. However, I'm find her assertion that she's been in this business so many years and rarely encounters incompetence to be a bit (hard to believe).
I've barely been in this business two years, and (have encountered) many agents already who I would consider to be incompetent (if I'm generous), or downright dishonest. And our own (industry's) governance systems -- not the state laws -- are the barriers to cleaning up these problems.
The system is designed to make sure there are few complaints, since to even raise the issue of another agent's ethics violations costs the complainer $250. There can't be this kind of dysfunction in an industry and not have it impact the clients.
Realty Executives Integrity
Whitefish Bay, Wis.
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