10 Things Your Real Estate Broker Won’t Tell You was an interesting read at Investopedia. The article starts off with this introduction:
When Americans were asked to rate various professions for honesty and ethical behavior in a recent Gallup poll, real estate brokers rated higher than United States senators, but not by much.
That sets the stage for the rest of this article. Of the 10 points the author made, here’s the one that got my attention:
The broker is not working for you.
This is no big secret, but in the midst of a charm offensive it’s hard to keep in mind. The broker earns a commission from the sale of the property.
If we take this for what it’s worth, the same can be said for anyone looking to make money from you. From the insurance salesman, to any investment advisor, or even your doctor. A sobering thought.