Yesterday I showed a foreclosure. Until fairly recently, Westchester hasn't witnessed much in the way of "underwater" home ownership. We've always had our share of foreclosures, but they were far from commonplace.
You know that your real estate market is expereincing a shake-up when an article about it in Inman News. The post was actually a reposting of an original article written by "The Real Deal" by Amy Tennery called Westchester real estate shake-up: Brokerage world sees shuffling of agents as firms shutter and consolidate during downturn.
There is a body of opinion within the industry that shares some of the concerns regarding real estate agent education that I brought up in my post. The issues have been out there and are under continuous debate. So please don't shoot the messenger.
But recently I ran into an agent that had the following designations on her card ...."Sally Smith, ABR, GRI, CDPE, CRS, & EPro." Ya gotta be kidding me! This person has more designation letters then letters in their name.
The way brokerages function often is a mystery to the consumer and it often comes as a shock to new agents who think that the brokerage is there to "support" them. Most brokerages disconnected from customer service and the newly licensed agent course became the big cash cow. They recruited and recruited throwing anyone with a license and a pulse up against a wall and hoping that something will stick.