While related to real estate only in the sense that the Bailout affects virtually every aspect of our economy and society …
What would your clients do if you never looked at one comp before advising them on how to price their home? Or how much to offer? Or never read the contracts you were advising them on signing?
Here’s a far-fetched proposal for members of Congress – prior to signing whatever variation of the “astound”ing Bailout Bill makes it way through – each member must take a lie-detector test affirming that he or she has actually read the bill. Is it even possible to read a comprehensive bill in under 24 hours, much less research, vet and understand it?
Sec. 8. Review.
Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.
Writing about this stuff on blogs is one part of the equation. If we cannot expect our representatives to read the bills on which they are voting, we certainly cannot expect them to read the blogs asking them to think (twice) before voting.