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The Dark Side of the Real Estate Industry

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Manage episode 430394697 series 2286295
Content provided by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Why do some real estate agents feel compelled to mislead both buyers and sellers?
This episode reveals the dark side of the industry and how these actions erode the trust that is so crucial for successful transactions. I dissect how agents misinform buyers about auction prices and create false impressions of competing offers, as well as the issue of misleading sellers about their property's expected sale price.
Drawing from over 30 years of experience in the field, I advocate for greater integrity and emphasise the importance of real-world experience in training effective agents.
I also tackle whether flashy displays like expensive watches or cars really equate to professional success.
Finally, I discuss the economic realities in Australia, addressing the high cost of living despite average salaries.

  continue reading

Chapters

1. Real Estate Misconceptions and Improvement (00:00:00)

2. Real Estate Agent Self-Promotion Overcompensation (00:07:36)

696 episodes

Artwork
iconShare
 
Manage episode 430394697 series 2286295
Content provided by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Why do some real estate agents feel compelled to mislead both buyers and sellers?
This episode reveals the dark side of the industry and how these actions erode the trust that is so crucial for successful transactions. I dissect how agents misinform buyers about auction prices and create false impressions of competing offers, as well as the issue of misleading sellers about their property's expected sale price.
Drawing from over 30 years of experience in the field, I advocate for greater integrity and emphasise the importance of real-world experience in training effective agents.
I also tackle whether flashy displays like expensive watches or cars really equate to professional success.
Finally, I discuss the economic realities in Australia, addressing the high cost of living despite average salaries.

  continue reading

Chapters

1. Real Estate Misconceptions and Improvement (00:00:00)

2. Real Estate Agent Self-Promotion Overcompensation (00:07:36)

696 episodes

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