It is interesting what has been said about different professions. For instance, discovering that Realtors are rated in the same category as used car salesperson in minds of some clients. Believe it are not to function as and be called a Realtor the agent must conduct themselves in accordance with a defined set of rules established by the National Assocation of Realtor.
This is the same national organization that not only gives real estate agent a voice in the halls of government. NAR has and still is very helpful in bringing to light ideas and programs that benefit the American consumer. The objective of the real estate agent that is a Realtor is provide professional service to the client. That is the reason why www.TheSellersTeamKaty.com 's mission statment is to "Change Live Through Homeownership!"
Currently, The Sellers Team Katy is comprised of Sanford & Seretha Sellers. We are agents with Premier Realty Of Texas.
One of the many dire predictions done these past few months by many Katy - West Houston‘bubbleologists’ out there
-
that is all those who indulge in the contemplation of
bubbles in the Katy - West Houston real estate market of all sizes and colors, whether real or imaginary, coming our
way - was that by now real estate markets everywhere would be inundated
and swept away by a tsunami of foreclosures of apocalyptic proportions.
The
general rationale among those specializing in the fine art of staring
at crystal balls (or perhaps at several empty bottles of rum) was that
the steady increase in interest rates, the consequence of a tightening
monetary policy implemented by the Fed since mid-2004, would have led
by now to a collapse of the adjustable-rate mortgages (ARMs) market,
since consumers could not possibly cope with the increased monthly
payments. This, in turn, would dramatically increase mortgage defaults
and foreclosures, with the end result that real estate markets
everywhere would be flooded with excess inventory at deflated prices,
thus causing markets to crash - the tsunami I was talking about.
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