Tuesday, May 12, 2009

Real Estate/Financial Meltdown - A Question

If you are going to pursue truth, you have to be prepared to change your mind!

I haven't seen anyone talk about the role that real estate agents played in the real estate/sub prime mess.

It is my understanding that most RE sales involve agents for the buyers - were the agents for the sub-prime borrowers acting in their principles' best interests? Advising them as to the financial propriety of those transactions?

If anyone has seen this discussed, I'd like to see a link/reference.

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