Wikinvest Wire

This isn't helping their credibility

Tuesday, February 12, 2008

This was in the local paper the other day. Ads like this do little to help the credibility of a profession that is increasing being called into question:
Of course, to a large extent in recent years, those in the business of selling real estate were just doing what they've been doing for a very long time - selling real estate.

But, when you see ads like this you have to wonder about the future of a profession where the chief economist for the national organization, David Lereah, was a laughing stock all the way up until his disgraceful exit, shortly after it became clear that everything he'd been saying for the last few years was wrong.

If prices continue to go down in 2008 and 2009 will they run follow-up ads like this?

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6 comments:

TJandTheBear said...

Have you seen those NAR(?) commercials touting how homeownership is the key to building wealth? These people have no shame; none whatsoever.

staghounds said...

There aren't any adverts or links in your post, so it's mysterious...

Tim said...

That should be resolved shortly.

Anonymous said...

I wonder what the median price of Snake Oil has done the last seven years...

Anonymous said...

The link to the post is......

http://www.uniondemocrat.com/

Could not find the item though, but I saw the papers logo miner on the post.
I live in Sonora, Tuolumne County California

Dale

Tim said...

This must have been in last Friday's paper since they don't publish on the weekend.

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