Don’t be surprised by how little brokers know

(Flickr photo by ac4lt)

A recent Wall Street Journal first-person piece by a newbie broker had me chuckling and nodding in agreement.

However, you may gasp in horror at how little useful information real-estate brokers acquire during the abysmally small amount of online education or class hours required to obtain a license.  You also may think twice about working with a broker who is just breaking into the field (though I am, of course, sympathetic to their plight, which I shared some years ago).

Evoking the drudgery depicted in the film, American Beauty, Alyssa Abkowitz also confesses Continue reading

Which is more important, broker or brokerage?

Annette Bening played a real estate broker in this film. Do you remember the name of the film? See the answer and link below.

As readers of this blog well know, there is no shortage of bad brokers–those who are some combination of lazy, incompetent, unprofessional, unethical or nothing more than avaricious.

Of course, there are lots of good brokers in New York City and elsewhere as well.

The question at hand: Is there a clear connection between the quality of the broker and the reputation or size of her/his firm?  The answer: An unqualified yes and no. Continue reading