Comments on: Information Is To Investors As Yin Is To Yang http://www.biggerpockets.com/renewsblog/2008/02/26/information-is-to-investors-as-yin-is-to-yang/ Learn, Network, Invest Sun, 22 Nov 2009 10:53:57 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Mike Farmer http://www.biggerpockets.com/renewsblog/2008/02/26/information-is-to-investors-as-yin-is-to-yang/comment-page-1/#comment-54916 Mike Farmer Fri, 29 Feb 2008 02:00:35 +0000 http://www.biggerpockets.com/renewsblog/2008/02/26/information-is-to-investors-as-yin-is-to-yang/#comment-54916 Thanks Greg and Rick. I agree that things are changing -- both buyers and agents are going to have to be smarter. Information is the name of the game -- not just gathering factoids, but analyzing information to determine what it's saying -- placing it in context. Thanks Greg and Rick. I agree that things are changing — both buyers and agents are going to have to be smarter. Information is the name of the game — not just gathering factoids, but analyzing information to determine what it’s saying — placing it in context.

]]> By: Rick Marnon, Novi http://www.biggerpockets.com/renewsblog/2008/02/26/information-is-to-investors-as-yin-is-to-yang/comment-page-1/#comment-54902 Rick Marnon, Novi Thu, 28 Feb 2008 13:39:22 +0000 http://www.biggerpockets.com/renewsblog/2008/02/26/information-is-to-investors-as-yin-is-to-yang/#comment-54902 This could be one of the most important thing that a real estate agent could do at this time. I have been reading Stephen Covey's 'The 7 Habits of Highly Effective People' and he says that in order to build trust with others we need to be honest and make good deposits in our trust account with people. Anymore today the shady agent, or mortgage guys will not be able to last with how much info is already online for home buyers and sellers. You need to educate, so that shoppers can make an educated decision. Great post. This could be one of the most important thing that a real estate agent could do at this time. I have been reading Stephen Covey’s ‘The 7 Habits of Highly Effective People’ and he says that in order to build trust with others we need to be honest and make good deposits in our trust account with people.

Anymore today the shady agent, or mortgage guys will not be able to last with how much info is already online for home buyers and sellers. You need to educate, so that shoppers can make an educated decision. Great post.

]]> By: Greg H. http://www.biggerpockets.com/renewsblog/2008/02/26/information-is-to-investors-as-yin-is-to-yang/comment-page-1/#comment-54872 Greg H. Wed, 27 Feb 2008 14:12:12 +0000 http://www.biggerpockets.com/renewsblog/2008/02/26/information-is-to-investors-as-yin-is-to-yang/#comment-54872 I'm on the same page. I think most people should get a real estate agent. The problem is that many buyers are in too much of a hurry to pick out the right agent, and the right house. When they have remorse, they do not look in the mirror, they think about the agent and their commission. Buyers should choose an agent that will educate them. I’m on the same page. I think most people should get a real estate agent. The problem is that many buyers are in too much of a hurry to pick out the right agent, and the right house. When they have remorse, they do not look in the mirror, they think about the agent and their commission.

Buyers should choose an agent that will educate them.

]]> By: Mike Farmer http://www.biggerpockets.com/renewsblog/2008/02/26/information-is-to-investors-as-yin-is-to-yang/comment-page-1/#comment-54856 Mike Farmer Tue, 26 Feb 2008 15:54:12 +0000 http://www.biggerpockets.com/renewsblog/2008/02/26/information-is-to-investors-as-yin-is-to-yang/#comment-54856 I agree. And in my lifetime I have chosen bad service providers because I neglected to do my homework -- I think it pays to choose based on criteria of experience and knowledge and to interview several agents before making a decision. I think sometimes we forget that not every professional is the same -- I've made the mistake of choosing a doctor, a far more serious mistake, based on the erroneous idea they are all trained and competent -- that's when I knew less. I agree. And in my lifetime I have chosen bad service providers because I neglected to do my homework — I think it pays to choose based on criteria of experience and knowledge and to interview several agents before making a decision. I think sometimes we forget that not every professional is the same — I’ve made the mistake of choosing a doctor, a far more serious mistake, based on the erroneous idea they are all trained and competent — that’s when I knew less.

]]> By: Joshua Dorkin http://www.biggerpockets.com/renewsblog/2008/02/26/information-is-to-investors-as-yin-is-to-yang/comment-page-1/#comment-54853 Joshua Dorkin Tue, 26 Feb 2008 14:36:35 +0000 http://www.biggerpockets.com/renewsblog/2008/02/26/information-is-to-investors-as-yin-is-to-yang/#comment-54853 On AREA, Mike, I agree that a good agent can be a tremendous help, but a bad one could be a catastrophe. I've worked with and alongside some BAD ones, and I can see why many people have AREA Syndrome. I would if I didn't know better. On AREA, Mike, I agree that a good agent can be a tremendous help, but a bad one could be a catastrophe. I’ve worked with and alongside some BAD ones, and I can see why many people have AREA Syndrome. I would if I didn’t know better.

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