240 - Why Does Your Realtor Secretly Think You Suck?
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 3 July 2024
⏱️ 38 minutes
🧾️ Download transcript
Summary
This episode started it all! In this greatest hits replay of Episode 5, David Sidoni passionately exposes the real estate industry's BIGGEST MISTAKES & SCAMS affecting first-time homebuyers. He delves into the history of how realtors prioritized sellers over buyers and how the Internet revolutionized the industry but didn't change its fundamental practices. David reveals the dirty secrets of mega-agent teams and the lack of training for buyer's agents, ultimately sharing his mission to empower first-time buyers with knowledge and advocate for their needs.
Highlights:
- The Big Secret: Do most realtors truly have your best interest at heart, or are you just another lead in their numbers game?
- Internet Revolution: How did the Internet change the real estate game, and who really benefited?
- Mega-Agent Teams: What happens behind the scenes when you contact a big-name realtor? Are you getting the service you deserve?
- Buyer's Agents: Are they experienced advocates or just rookies trying to make a quick buck?
- David's Mission: Why did David start this podcast, and what is his vision for empowering first-time homebuyers?
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This podcast was created for YOU - to cut through the confusion and empower you to buy your first home. Let's change how the real estate industry treats first-timers, one buyer at a time- starting with YOU!
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David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.
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Transcript
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| 0:00.0 | You see, the big team leader doesn't want to be bothered driving buyers around. |
| 0:04.0 | He thinks that you suck. |
| 0:05.0 | A lot of times he thinks that you're beneath him. |
| 0:07.0 | He thinks that you aren't worth it. |
| 0:09.0 | You're not a good return on the investment of his time and his energy. |
| 0:12.0 | He thinks you're a waste. |
| 0:13.0 | And since the rules have changed and the buyers are not always looking at homes that his team is selling, |
| 0:19.0 | he's had to develop a new system, figure out a way |
| 0:21.4 | to get buyers to come to him. And then when he does, he passes him off to the trainee agents, |
| 0:26.1 | just what every buyer wants to hear, right? The biggest financial transaction of your life, |
| 0:30.8 | and you got passed to a trainee. |
| 0:33.3 | Did you know that the big business of real estate is nothing but a numbers game set up to make |
| 0:38.3 | the big brokers rich and totally screw over first-time homebuyers? Did you know that in order |
| 0:43.8 | to get a license and to be able to call yourself a realtor and be all official? All you have to do is pass |
| 0:49.4 | a test that my 14-year-old could pass. And did you know that all you have to do to keep that license, |
| 0:55.5 | a real real estate license? All you have to do is these so-called training courses every two |
| 1:01.4 | or four years. Ladies and gentlemen, boys and girls, people of all types, the greed of the |
| 1:06.6 | real estate industry absolutely is a minefield of awfulness designed to use you the first time |
| 1:12.0 | homebuyers as the straight up guinea pigs. I'm talking on-the-job training for their new agents. |
| 1:18.8 | 87% of real estate agents don't last five years in that business. Back in 2018, I'd been a realtor |
| 1:26.3 | for a little over 12 years and I was getting pissed off |
| 1:29.2 | seeing how disrespectfully and frankly disgracefully first time homebuyers were being served. |
... |
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