Mr Eager Buyer, it's Candy again,
I meet people all the time like Mr. Leveraged, who are so disastisfied with real estate agents. It is painful for me to deal with the fall out, like this, when someone has had a bad real estate experience, or is just negative about the real estate process.
Not all real estate agents are pillars in their community. But I know so many realtors and, trying to be objective, I know that the majority of them try to do their best.
Yes, asking a realtor if it's a good time to buy is like asking a car dealer if it's a good time to buy a car!
(Extra points for the good analogy)
We make our living selling homes. But, it is stupid in any business to create unhappy customers. In real the real estate industry repeat business and referral business is the way we make our living! If all we had to depend on was new customers walking in the door, and phone calls from yard signs we wouldn't be able to pay our bills. With that in mind, a real estate agent will likely give you very good advice on the market in your area. You may not be a customer/client now, but you or someone you know, will be in the future.
Real Estate is a career, not a job. Careers are built on providing quality, dependable service. Find someone locally who comes highly recommended and get some advice. It won't cost you anything. Ask several people and compare answers. But in the end, if the time is not right for you. Don't buy.
It appears that this question has pushed a lot of buttons! Hope this helps.
Candy - Thu Feb 26 2009, 12:42