The Four Corners Episode on The Real Estate Industry
We discuss underquoting, secret commissions and referral fees, the phrase "Quote it low and watch them go!" and ethics in the real estate industry.
(00:02:31) - Summary of speakers for AREC: 25th Anniversary
(00:07:56) - The Four Corners Episode: Price Guides and "The Impact of Underquoting in the Real Estate Industry"
(00:16:48) - The importance of honesty in real estate
(00:19:49) - Strategies for accurately setting price guides in a low-absorption market
(00:21:43) - Misleading conduct
(00:26:00) - Product knowledge
(00:29:03) - Transparency with rebates
(00:32:18) - US congress rips into the CEO of TikTok