Some Galley Friends are aware of my slight misgivings about Realtors. But now I've found Frank Borges Llosa--a D.C. area anti-Realtor.
How great is Frank? If you go by his blog, he seems to know his stuff. And his mission statement seems to be along the lines of Are you sure you really want to buy that place?
But it gets even hotter--like this long post taking on the National Association of Realtors for their "It's a great time to buy or sell a home" campaign. (Only Realtors could figure out how to work the square root of -1 into market economics.)
Here's Frank on why not to trust the NAR. Here he is on how leverage increases the buyer's risks. Here he is on how Realtors fudge MLS data.
Go read it all.
1 day ago