Forming a Buyers Consortium.. How does it sound?

[pnilesh]

Hi All,

This caught me in thinking…. There is a “National association of Realtors”, “Mortgage Bankers Association”, “National association of Home Builders”… But is there a “Home Buyer’s Consortium”?

National association of Realtors: They can brainwash the realtors to believe that the market is good even if it is not. Stragety on how make a fool of a home buyer.

Mortgage Bankers Association: Possibly come with a stragegy that can help each of the mortagge companies..and also how to loot a home buyer.

National association of Home Builders: Stragtegy on how to loot a Home buyers with cookie cutter homes.

These associations work together for the benefit of their members.

The problem is that the home buyers are all scattered and each home buyer does his own thing. So these associations can manipulate the home buyers appropriately and eventually make a fool of them.

To protect buyers interest, why don’t we form a “buyer’s consortium”. That way we can manipulate these national associations appropriately.

Any thoughts…

[Nancy_s soothsayer]

Funny, I just finished my rant about the Realtor Machine in the “Carmel Valley Monitor” thread. I so agree with you that buyers are getting the shakedown from all fronts and that there should be a “buyer consortium”. Sadly, majority of average joe’s are so sadled with huge debts and are all distracted – scrambling away to pay off and get out of never-ending debt servitude.

[Nancy_s soothsayer]

Funny, I just finished my rant about the Realtor Machine in the “Carmel Valley Monitor” thread. I so agree with you that buyers are getting the shakedown from all fronts and that there should be a “buyer consortium”. Sadly, majority of average joe’s are so sadled with huge debts and are all distracted – scrambling away to pay off and get out of never-ending debt servitude.

[patientrenter]

I wish it were possible for buyers to collectively jawbone the markets down… But I can’t see it happening.

All the other groups (owners, lenders, agents..) have a core of people whose livelihood and/or wealth depend on real estate going up. These people are in it for the long haul and/or full-time and fight all-out for their interests.

Renters looking to buy are a much smaller group, and membership is temporary by definition. No full-time professionals make money from lowering prices.

Sorry, pnilesh.

Patient renter in OC

[patientrenter]

I wish it were possible for buyers to collectively jawbone the markets down… But I can’t see it happening.

All the other groups (owners, lenders, agents..) have a core of people whose livelihood and/or wealth depend on real estate going up. These people are in it for the long haul and/or full-time and fight all-out for their interests.

Renters looking to buy are a much smaller group, and membership is temporary by definition. No full-time professionals make money from lowering prices.

Sorry, pnilesh.

Patient renter in OC

[hpi]

should be a seller consortium too?

NAR is for the profit of realtor unfortunately. It is interesting to know how important of realtor in the decision making process of either seller or buyer.

[hpi]

should be a seller consortium too?

NAR is for the profit of realtor unfortunately. It is interesting to know how important of realtor in the decision making process of either seller or buyer.

[Bugs]

The buyers already have all the power. Nothing can move unless a buyer is both willing and able to pull the trigger. Buyers can empower themselves by becoming more informed about what is and what isn’t. The information they need to become independently informed is becoming more readily available all the time.

Buyers don’t need another advocate – they just need to care enough to do some of their own research.

[Bugs]

The buyers already have all the power. Nothing can move unless a buyer is both willing and able to pull the trigger. Buyers can empower themselves by becoming more informed about what is and what isn’t. The information they need to become independently informed is becoming more readily available all the time.

Buyers don’t need another advocate – they just need to care enough to do some of their own research.

[barnaby33]

My first thought is its spelled, “strategy.”

Josh

[barnaby33]

My first thought is its spelled, “strategy.”

Josh

[davelj]

…or what President Bush refers to as “strategery.”

Back on topic, though… the single biggest problem is that the Realtor, Mortgage and other professional advocacy groups are supported by dues from their members. I don’t see potential home buyers and sellers paying dues to some amorphous group claiming to be looking out for their interests solely during the time they’re interested in a transaction.

[davelj]

…or what President Bush refers to as “strategery.”

Back on topic, though… the single biggest problem is that the Realtor, Mortgage and other professional advocacy groups are supported by dues from their members. I don’t see potential home buyers and sellers paying dues to some amorphous group claiming to be looking out for their interests solely during the time they’re interested in a transaction.

[drunkle]

carfax, while a crappy example due to it’s unreliability, is an example of a buyer supported system.

the problem is with the data. the data goes to the mls, from which i suspect, you can’t legally reprint without their consent.

the free options, such as this forum, however…

[drunkle]

carfax, while a crappy example due to it’s unreliability, is an example of a buyer supported system.

the problem is with the data. the data goes to the mls, from which i suspect, you can’t legally reprint without their consent.

the free options, such as this forum, however…

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