The Reality of "Agency" in the Business of Realty

Ray Wilson's BOUGHT, NOT SOLD
For real estate consumers and responsible public officials: a startling expose.
For real estate professionals: an examination of conscience.

Sold in 50 states & 5 countries. Cover endorsements include a former attorney general, the Executive Director of the Consumer Federation of America (CFA), the Federal Trade Commission (FTC) investigator who blew the whistle on undisclosed seller sub-agents, the founder of the Real Estate Buyer Agents Council (REBAC), and the National Association of Exclusive Buyer Agents (NAEBA).

REAL EVIDENCE OF WHICH REAL ESTATE "AGENTS"
WORK FOR YOU AND WHICH WORK AGAINST YOU!

Twenty-two joists slipping off a support beam beneath four condo units. Out in the open, yet missed by inspectors, appraisers and "agents" of both buyers and sellers in a dozen transactions as some units went through multiple sales. Not one buyer was represented by a buyer's agent, though most did not know that.

REALITY IN REALTY -- Sociologist Ray Wilson's eye-opening series on the heroic struggle of true buyer agents appeared in the International Real Estate Digest between 1999 and 2007. The full text of every article is included here in memory of the late Becky Swann, IRED publisher. It may be read free of charge by consumers, but may not be redistributed or republished without the express written permission of the author.

Reality in Realty (1999)

1. "When An 'Agent' is not an Agent"
2. "Is You Is, Or Is You ain't, My Agent?"
3. "The Dating Game"
4. "States of Confusion"

Reality in Realty 2001

1. Career Advice
1.1 "Don't Quit Your Day Job"
2. Seller Advice
2.1 "Appraiser, Yes! CMA, No!"
2.2 "Listing Purpose & Pitfalls #1, 2, & 3"
2.3 "Listing Pitfalls #4 & 5"
3. Buyer Advice
3.1 "EBA, EBA, EBA"
3.2 "Promises, Promises, Promises..."
3.3 "You! You! You!"
4. NAR
3.1 "The 'Big Grab' versus the Big Dope"
3.2 "If not revolution, then evolution""

Reality in Realty 2006

1. "Making Magic in Chicago"
2. "No Sign of Reform in NAR Leaders"
3. "The Wrong in the Percentage Commission"