Now, apart from the fact they are probably violating RESPA by offering a referral fee of $200 to agents who cough up private and sensitive information about their clients, these ADT home security companies are alienating agents left and right. Except for the greedy and unethical agents, and let's face it, there are a few of those rotten apples in every profession.
I just changed my email to a new account as I am merging my business, and the existing email account stays with that business. I wanted a new personal email for friends. Well, somehow a rep from an ADT company found my private email address and has begun what generally amounts to a badgering campaign.
First the ADT rep emails to offer the buyer's agent a referral fee and asks for the client's information. They know the transaction recorded because they pull that data, according to Fidelity Title, from the County Recorder's Office. How they get the buyer's agent's name is beyond me, but they do. Then they track down the agent and begin harrassing.
Agents who don't respond to the first email get more after that, still begging for the client's email and phone number. Then, if the ADT rep is lucky, the agent will just fork over that private data. Which lets the rep then call the client and set them up for the ADT scam, which is they promise a free home security system in exchange for a long-term contract for security services. I've never seen anybody pay for a security system. They are always free, but it is not transparent marketing.
It is deceptive. It is the deception I object to.
And the harrassment from the ADT reps. This has got to stop. Which is why I'm writing this blog. The most recent culprit, well, I am reporting him to the Attorney General's office and to HUD as well as the Department of Real Estate. Everybody else should do the same thing. He had the stupidity to ask me to post a review on YELP and he gave me the link, of all idiotic notions.
And while you're at it, here is a new blog today about the disasters that happen when buyers hire inexperienced agents. You can read it in my personal blog today at this link: What Happens if You Do Not Hire a Sacramento Realtor With Experience?
Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.
Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.