Asked by Charles Farley, Chantilly, VA • Sun May 11, 2008
I was thinking about the term Realtor. It's an invented word made up by an industry. It hides from the consumer the truth. Using "Used house salespeople" and "New house salespeople" is more appropriate. Silly Americans have put trust in salespeople for financial decisions, and we now see where that has led them. Real financial planners aren't allowed to give advice such as "Real estate goes up forever" or whatever lines from the NAR the salespeople belch out. So I'm calling for a ban on the use of the word "Realtor" ... let's call them what they are. New and Used house salespeople. Saving you money is never in their interest, as they work on commission. And much of their advice should be analyzed independently.
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