Today, someone tried to scam me out of $400 through texts. They posed as a person who is, basically, my boss at my real estate office. So, they probably got my cell number and information about our office from our website. I consider myself pretty savvy to all the scams, but this experience taught me it's really easy to fall for one. I was falling for it for an embarrassingly long time. I think it's because the possibility of being scammed is just not in the fore of our mind. This scam actually started last night. I didn't notice the text until this morning, though, and was feeling kind of bad about it. I guess one thing I should be thankful to this scammer for is making me revisit my notification settings to make it less likely to miss important texts. So, I got these texts when I was just leaving Walmart. I was in the parking lot about to pull out and go home. I got back out and headed back into the store. At this point, I was thinking my broker needed a gift card ri...
The National Association of Realtors (NAR) has held a monopoly over the real estate industry for a hundred years. Their grip on the industry is unmatched. For example, only about 15% of all doctors are members of the American Medical Association. About 17% of all lawyers are members of the American Bar Association. In real estate, 99% of agents and brokers are members of the NAR. The recent controversies they have been embroiled in has created an opportunity for an association to compete with them. Founders Jason Haber and Mauricio Umansky propose the creation of the "American Real Estate Association," which aims to foster collaboration, innovation, and excellence among real estate agents, providing an alternative to the NAR. According to these founders, their key areas of focus will include strengthening agent skills, enhancing investor-friendly education, improving ethics, and promoting diversity and inclusion in decision-making. Currently, joining their nascent associati...
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