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Rainmaker
887,533
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I'm going to disagree with your statement,
'the heart of every good relationship is transparency.'
My opinion is: the heart of every good relationship is selective transparency.
There are some things that do not need to be known.
But I digress.
In your situation, the client's needs have to come first. This is a common problem with some real estate agents that are not capitalized enough to do their business properly.
They will sell out a transaction to pay their bills and that is wrong.
"No dear, those pants do not make your butt look big. But I sure love you in the black ones." 😈

May 11, 2018 05:32 PM
Rainmaker
6,539,514
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

No need to define it. Just do it.

May 11, 2018 05:25 PM
Rainmaker
1,514,105
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Client comes first. If you choose to hide or lie something that you know will change the outcome of a transaction, it will most likely ruin your relationships. Being honest is very important to me, especially if it related in any way to material facts of a deal. At the same time, if it is not related to real estate, there is nothing wrong with keeping your opinion to yourself. 

May 11, 2018 05:51 PM
Rainer
187,002
Raj Taj
RE/MAX - Lake Bluff, IL
Drive By Blessings!

We all know what right and wrong is, it's more about doing what's right and that in itself will show up transparent. A good heart is naturally transparent and from that your actions and communications will follow suit.

May 11, 2018 05:47 PM
Ambassador
4,200,499
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Your fiduciary is with your client - never you. Service above self...always

May 11, 2018 07:02 PM
Rainmaker
1,213,009
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I disagree. Going to work happy, knowing my role makes a difference in peoples lives while building relationships through a "service above self' attitude, consistency of good habits, a commitment to growth and focus is the key to my success. BOOM!

Transparency is great for me when I'm a keynote speaker, as an author, as a blogger and to some degree in my business marketing, but transparency is lower in the priorities of my success.

May 11, 2018 06:38 PM
Rainmaker
1,873,511
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

There is not even a question to it HOMEiZ.COM HOMEiZGROUP . ANY agent that thinks of their commission first should not belong in this business. I've said over and over you can not teach ethics if a person has no morals. I act as if GOD is watching me.... because he is.

May 11, 2018 06:35 PM
Ambassador
3,986,660
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

In dealings with clients, it means putting their interests before anyone's elses. Regardless, all parties are to be treated fairly.

May 11, 2018 05:40 PM
Rainmaker
4,052,971
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Just another word for being honest and ethical and fulfilling one's fiduciary responsibilities by putting the client's interests first.

May 11, 2018 08:07 PM
Ambassador
3,036,752
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

There is no success is not doing the right thing, all the times, no matter what!  If we put our own needs before a client, for any reason, we have breached our duty to our client.  

I do not agree with the statement that transparency is the key to real estate success.  Transparency alone won't get us there.  

May 11, 2018 08:27 PM
Rainmaker
1,866,205
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Integrity.

May 11, 2018 08:59 PM
Ambassador
5,357,172
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Our leadership keeps preaching that most of these issues can be solved with great lead gen and with a full pipeline we never get in that position where we feel deperate to put our needs ahead of our clients needs.

May 11, 2018 08:26 PM
Ambassador
2,563,711
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     Transparent?  Go ahead, cheat, steal, lie.  But in time, you WILL be found out.  

 

    The top news story in Tallahassee this week is the murder of Real Estate Appraiser Mike Williams, who went missing 18 years ago.  He was presumed to have fallen out of a boat while duck hunting on Lake Seminole.  Searchers and divers could not find his body.  Speculation was that alligators got him.

     18 years later -  this week -  his wife was arrested at her office at FSU, charged with first degree murder, and $2,000,000 insurance fraud. 

     Mike's remains had been found this past December, buried just north of town on the edge of Lake Carr.  He had been shot to death.

      The insurance agent who sold $1,000,000 of the life insurance policies, had married Mike's widow 6 months after Mike was declared dead.

     Brian Winchester, the insurance agent/second husband, has already been sentenced to 20 years in prison.  Denise is being held in the Leon County Jail without bond; awaiting trial.  She will face either the death penalty, or life without parole.

     

  

May 11, 2018 07:14 PM
Rainmaker
3,985,837
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

No secrets

May 11, 2018 06:46 PM
Rainmaker
3,321,241
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I disagree, as part of being a great agent is taking the stress off the client, not adding to it. It is my jb to get the hob done and that is what i do. If something gets in the way, i solve it

May 12, 2018 05:37 AM
Rainmaker
1,715,898
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

This is really not a good question.

Transparency is being open & honest with figures, procedures, etc. In order to do your client justice, you have to give them feedback/knowledge on the deal that is in jeopardy. Tell them the facts - give them suggestions - let them make the decision based on those facts. In IL also, they have an attorney that will guide them.

May 12, 2018 05:21 AM
Rainmaker
882,261
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Transparency in regards to the TRANSACTION is essential.

Survivor agents who, by necessity, have married the outcome, find themselves on the emotional roller coaster of  'always be closing.'

Nothing in the pipeline!

That is a tough spot to be in.

That house down the street that sold for $70,000 below market value is going to blow up that appraisal if it's posted before closing.  But we can say we don't REALLY know what it sold for.......right?

May 12, 2018 05:12 AM
Rainer
87,820
Jeff Perlis Prime Properties
Prime Properties - Lake Arrowhead, CA
Experience Your Own Transformation!

yes, it is full transparency if those are material facts or disclosures that have to be made. 

May 11, 2018 11:41 PM
Rainmaker
548,950
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Realtors and real estate professionals need to put their client's needs ahead of their own.  If it is in the best interest of your client to kill a deal, we work hard to make this happen at the least cost to our client. And if we make nothing in the process for all our hard work, so be it.  We have done our job.

May 11, 2018 10:03 PM
Rainmaker
5,524,029
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

I am with Roy Kelley on this one.  A

May 11, 2018 08:19 PM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Fiduciary

May 12, 2018 06:08 AM
Rainmaker
577,189
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

There should be no question on what to do.. your clients needs always come first and you have to protect their interests first and foremost... 

May 12, 2018 05:30 AM
Rainmaker
4,155,897
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Sometimes you have to sacrifice the money to do what is right!

May 12, 2018 05:28 AM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

By being honest.

May 12, 2018 05:24 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

The word has been overused and beome a cliche.

May 12, 2018 04:36 AM
Rainmaker
894,802
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

ABF...always be forthcoming!

May 11, 2018 11:23 PM
Rainmaker
524,436
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

It's not about me ... it's about doing what is right ... we have a fiduciary duty to our clients ... and so there is nothing to even think about.  Just do it!

May 12, 2018 06:39 PM
Rainmaker
4,433,583
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Clients come first. Follow the golden rule

May 12, 2018 03:51 PM
Rainmaker
2,020,150
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Accountable/being Measurable 

May 12, 2018 11:13 AM
Rainmaker
1,715,021
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

You always know the "right" thing to do and you should do it.  It's not about you and your NEED for money.  It is about doing what is right for the client.  Period! 

May 12, 2018 08:03 AM
Rainmaker
2,634,031
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Being readable at all times is honesty & humility with built-in marketing in action and it even attracts help, solutions and remedies automatically

May 12, 2018 07:16 AM
Rainmaker
5,571,310
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

transparency has its limits and personal financial situations should not be a topic of discussion.... it's irrelevent to anyone other than the agent....

the only time I ever mentioned anything regarding my personal financial situation was during negotiations where the seller would suggest I participate in the process of putting the deal together....then my answer was "no, this transaction is not going to make me any richer or any poorer than I already am"  and there was no more discussion....the deal went together.... had to do this several times and it always worked well for me....

May 12, 2018 07:11 AM
Rainer
86,464
Mike Kelly,CRS,CIPS
The MJKelly Team - Santa Rosa, CA
"One of Sonoma County's Natural Resources"

You have to ask that question? In the age of Trump I'm not shocked. 

May 11, 2018 05:27 PM
Rainmaker
70,584
Ricardo Mello
Manhattan Miami Real Estate - Manhattan, NY
Manhattan & Miami Real Estate Agent

Always!

May 12, 2018 09:30 AM
Rainmaker
4,882,162
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We are required to treat our clients with honesty.   If we know about something, we are to disclose.

May 15, 2018 04:14 PM
Ambassador
4,312,753
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Be ethical HOMEiZ.COM HOMEiZGROUP

May 12, 2018 11:36 PM
Rainmaker
527,095
Dave Halpern
Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Add speed to transparency.

May 12, 2018 06:59 PM