Wednesday, January 21, 2015

If it walks like a duck . . .


. . . quacks like a duck . . . guess what?  It's a duck.

A corollary to that is that "if it seems too good to be true, it is."

Recently, in my office and at a real estate event, some carpetbaggers from the north came down offering to turn mole hills into mountains.  As the Houston economy is going through its Reconstruction Era, these guys came in to "partner" with us lowly agents to help poor renters become home owners.  In return, instead of miserly rental fees, we lowly agents were to get sales fees at substantially higher rates!  What else could an agent ask for?

The premise seemed "too good to be true!"  Uh oh.  First clue.    

The lowly agent is supposed to turn his/her client over to their new partners, with no further communication.  And, any further communication is punishable by this new kangaroo court's self-imposed judge and jury.  Further, the methodologies and the "rules" change on a whim.  Whatever one of them tells you is not upheld by the others.  

(The quacking begins here.)  After further examination, it appears that this could be a giant set-up, possibly a legal/insurance scam. I'm not sure . . . but it's quacking loudly.  

And then, the "good cop - bad cop" game begins.  (More quacking.)  

It meets all the tests -- walks, quacks, looks -- seems too good to be true (at first) -- good cop/bad cop -- insurance questions -- it's all there.  

I think I'm playing poker with Kenny Rogers:  "you got to know when to hold 'em, know when to fold 'em, know when to walk away, know when to run."  Read this prior blog: