Obvisouly OP has had bad experiance with stated pro's, although I do agree with you on the 3rd level education being irrelevant.
I think that the OP has contradicted himself and should immediately remove Estate Agents from the list because they are do not belong to a Profession like Doctors , Accountants Nurses or Engineers . Estate Agents don't study for years in order to be able to carry out their activities .
I did a quick search on Wikipedia to support my argument ;
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Quote:
Professional
From Wikipedia, the free encyclopedia
A professional can be either a person in a profession (a specific kind of work) or in sports (a sportsman/sportwomans doing sports for payment). Sometimes it is also used to indicate a special level of quality of goods or tools.......
A professional is a worker required to possess a large knowledge derived from extensive academic (usually tertiary), with the training being almost always formalized. Typical professions include Architects, Engineers, Lawyers or Doctors.......
A profession is an occupation that requires extensive training and the study and mastery of specialized knowledge, and usually has a professional association, ethical code and process of certification or licensing. Examples are: librarianship, accounting, law, teaching, architecture, medicine, finance, the military, the clergy, nursing, ....
In the United Kingdom residential estate agents are largely unregulated (although legal provision exists to introduce regulation). Some estate agents are members of the Royal Institution of Chartered Surveyors (RICS), the principal body for UK real estate professionals. However, the vast majority of RICS members — known as Chartered Surveyors — who practice estate agency do so on commercial property.
For residential property a trade association, the National Association of Estate Agents (NAEA), exists, but as a non-professional body it has limited scope for disciplining members when appropriate.
From your thinly veiled jibe, I take it that you have the same viewpoint as the OP, but if you want to make a valid point you may want to stretch your search beyond wikipedia for sources. I don't get the whole 'profession' debate anyway, why are people so irate when it comes to EA's describing themselves as professional. Could it be that EA's are getting above their station aswell as earning tons of cash for absolutley no work, and any work they do is deceitful?I think that the OP has contradicted himself and should immediately remove Estate Agents from the list because they are do not belong to a Profession like Doctors , Accountants Nurses or Engineers . Estate Agents don't study for years in order to be able to carry out their activities .
From your thinly veiled jibe, I take it that you have the same viewpoint as the OP, but if you want to make a valid point you may want to stretch your search beyond wikipedia for sources. I don't get the whole 'profession' debate anyway, why are people so irate when it comes to EA's describing themselves as professional. Could it be that EA's are getting above their station aswell as earning tons of cash for absolutley no work, and any work they do is deceitful?
When people are asked the following questions the answers are generally similiar to this;
What is your perception od EA's - 'They can't be trusted, blah blah blah'
Have you ever had a bad personal experience in dealing with an EA - 'Ah, no'.
Are you suggesting that a qualification stops people from BS'ing?
I have had a bad personal experience dealing with an EA but it had nothing to do with the job in question and more to do with an individual who just had bad manners regardless of what job she was in.
No. But if you have a qualification in your supposed field of expertise, it might earn you the benefit of the doubt.
That they purport to have an insight to how property prices will fare is a bit rich to say the least
I'd say in alot of cases its just small talk during viewings, granted young in experienced EA's might lean towards gossip style 'property analysis' but I'm sure most people can see through that, and its more naivity than malice.In a lot of cases it's based on nothing stronger than pub talk.
Why so?
I agree with you, but they should have reasoned analysis for the location that they are dealing with, as in future development, infrastructure changes etc.Because any sort of insight on the future of property values should properly be based on a thorough analysis of ALL relevant factors
It might but I'll take experience over qualification nine times out of ten.No. But if you have a qualification in your supposed field of expertise, it might earn you the benefit of the doubt.
Teachers often complain that because people have been through the education system they all seem to feel qualified to comment on the education system in detail. The same seems to be the case with the property market. While they are not economists they do work in the market and as such are exposed to it on a daily basis.Every doctor/lawyer/plumber, etc I've ever encountered, for example, could be a first class purveyor of guff but his/her qualification gives them an expertise I'm not in a position to dispute (imperfect knowledge).
Estate agents talk up property, stock brokers talk up stocks, furniture salesmen talk up furniture, snake oil salesmen talk up shake oil. Get the picture?In the case of estate agents, no such formal expertise is required. The way some of them casually talk up house values is something that not even the best qualified economists or financial experts would ever be comfortable doing.
Pub talk and their day-to-day experience. Any person intelligent enough to tie their own shoelaces will understand that they will not talk down what they are selling. Fiat dealers don't tell you that they sell rubbish cars, Turkeys don't vote for Christmas etc.That they purport to have an insight to how property prices will fare is a bit rich to say the least. In a lot of cases it's based on nothing stronger than pub talk.
When people are asked the following questions the answers are generally similiar to this;
What is your perception od EA's - 'They can't be trusted, blah blah blah'
Have you ever had a bad personal experience in dealing with an EA - 'Ah, no'.
I had a very bad experience dealing with an EA but the last one I dealt with was superb. I was more than happy to pay him he fee as I thought he provided excellent value for money.But when asked " do you know someone who had a bad personal experience in dealing with an EA ? " I would suspect most people - in Ireland anyway - would say yes.
My experience with solicitors have been more negative than positive but I would not make blanket judgements about all solicitors. Doing so with be lazy and meaningless.
Estate agents talk up property, stock brokers talk up stocks, furniture salesmen talk up furniture, snake oil salesmen talk up shake oil. Get the picture?
Can you expand on that point please?I believe that the functions and structures of the EA sector make this a breeding ground for the latter.
I would accept that in any selling occupation there are both genuine and deceitful operators. However, I believe that the functions and structures of the EA sector make this a breeding ground for the latter.
Yes, but from 1994 to 2007, surely it would have been deceitful for an EA to deny that the market was rising?"Talking up" the market, however, in the absence any support, is just plain deceitful.
Yes, but from 1994 to 2007, surely it would have been deceitful for an EA to deny that the market was rising?