So long as the realtor makes the client aware of the market conditions I see no ethical problem with being a realtor. Clients should also be expected to do their own research, like logging on to a few sites like this to see what is going on in the market. And there’s always the small chance that most of us here will simply be wrong in our predictions and the market will actually rise. Regardless, since there are people buying in all market conditions, it only follows that we actually need honest realtors to help with some of these transactions. We shouldn’t broadly criticize all realtors and question how someone could actually live with themselves being one in this market.