Are You A Dave Ramsey Fan Looking for Real Estate Agents
As a fan of financial guru Dave Ramsey, you may be curious to find an agent to help buy or sell your home. Ramsey Trusted Agents provides this service by matching you up with agents who adhere to his money principles and have his endorsement. However, please keep in mind that they charge higher fees compared to other realtor referral services.
Ramsey Trusted Agents network only includes approximately 2,500 real estate agents, making it one of the smaller agent-finding services on the market. Because of this, it may take longer than other services for you to connect with top agents who meet your criteria; and could potentially limit budget considerations as well.
Ramsey Trusted Agents does not vet leads before sending them your way; therefore, you could end up receiving leads who aren’t quite ready to buy or sell homes, leading to low conversion rates that could negatively impact your bottom line. Furthermore, their fee structure is quite costly: sign-up fee as well as ongoing monthly charges apply when using their service.
While Ramsey’s financial principles may be of assistance, this service may not be right for everyone. Indeed, its company has even been accused of paying real estate agents bribes to join its program; while this accusation has been refuted by them, its effectiveness cannot be denied.
Ramsey ELP engages in unlawful collusion on top of its clear instances of bribery and kickbacks. Its shell brokerage firm colludes with licensed real estate brokers in order to increase broker commissions while restricting consumer choices through blanket referral agreements used within its network of partner agents – practices both illegal in the US.
As a result of their illegal behavior, The Lampo Group LLC real estate firm led by personal finance guru Dave Ramsey has been sued several times by state and federal regulators.
The Lampo Group has an established history of operating shell brokerage firms that engage in illegal activities, such as violating antitrust laws by engaging in monopolistic practices. Ramsey ELP, one of their real estate divisions, stands out as a prime example. Enticing Realtors with double dealing potential to collude by paying massive kickbacks violates laws because it reduces competition for consumers while simultaneously damaging legitimate brokers who choose not to participate.