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Neil JENMAN angel or devil?1 2wrappack [182 Posts] Just like to start a very opinionated thread on Mr Neil Jenman by stating absolutely no opionion of him whatsoever. Any starters? (ps- cant wait for this one to get rolling!) PropertyGuru [1511 Posts] Yes he is jelous to every one and he is full time devil! Cheers wrappack [182 Posts] Oops sorry Kay- have to explain how that came about. I had only ever posted in the vendor finance forum (where it was originally placed). It got moved here, and I posted a similar thread again, without checking the archives. Thank you JetDollars [2449 Posts] I think Neil Jenman is on one side of the coin is devil where as the other is angel. But he is more on promoting his system around Australia, but not really help other as what many people think. This is just my opinion and I welcome your. Warm Regards ChanDollars aussierogue [994 Posts] i think in a market that is so heavily stacked in favour of the agent (what hope does a humble consumer have!!) we need a jenman for sure just to redress the balance a bit. manofaction [80 Posts] aussierogue, can you pls explain what you mean about the market being stacked in favour of the agent. i dont really understand what you mean. thanks jb aussierogue [994 Posts] hi manofaction. its like when you enter IKEA to buy furniture. you go in through the front door with the purpose of buying a piece of furniture and 2 hours later you walk out with an entire bedroom suite, kitchen utensils. etc. the fact that at ikea they make you walk past every single item b4 you get to the counter is not by chance. its a sophisticated marketing technique. the marketers, the sales proffesionals etc. if your not in the business then you dont stand a chance. same with realestaet agents. it is there business. they buy and sell homes everyday. they go on training courses. they know which buttons to press, what questions to ask and how to prey on yr insecurities. it their job. for the average joe you may buy and sell a house 1-2-3 times in your life. its not yr area of expertise, so be prepared to be manipulated!!! the jenmans of this world give the average jo half a chance to make educated decisions. teabagted [10 Posts] I personally found Neil Jenman's book very helpful to avoid being ripped off. I also established a good working relationship with a Jenman agent. His advice has saved me money. He recently told me not to buy in his area at the moment. That's honest advice for a guy who makes his living selling houses. He did admit that the subscription to Neil Jenman's ethics training system is very expensive, however his company have been doing it for a while now and believe it's worth it. Some other companies are starting to copy their ideas to keep up, raising the level of honesty, but ironically eroding their distinctiveness. Jenman's system may have a use-by date. That is, if too many companies copy his ideas without subscribing to his system, it becomes too expensive and pointless for those who do. Neil Jenman has made himself very unpopular with wrappers by attacking wraps generally. I wasn't thrilled about this, as I am trying to get into wrapping and have tried to maintain a high level of integrity my whole life, to the point where others thought me a fool. However, to be fair to Jenman, he may have suffered the same fate as many policemen. That is, he has seen so much corruption and lack of conscience among respectable looking people, he has become deeply cynical and tends to believe the worst. teabagted Jacktar [19 Posts] I have only just finished reading Jenman's Real Estate mistakes and to tell you the truthm I thought the book was one of the best I have read so far in regards to Real Estate issues. If I hadn't of read his book and sold a house blind, I would have lost thousands even tens of thousands of dollars. Nothing else said! Jack Kenshin [36 Posts] Where can I obtain Jenman's Real Estate mistakes book? What I learnt yesterday, I know better for tommorrow - Dean Kenshin [36 Posts] I found the book so thanks anyway What I learnt yesterday, I know better for tommorrow - Dean jparrie [17 Posts] As someone who works in a Jenman Real Estate office, (at the coal face) basically I can say from experience that his business logic is totally flawed. I am slowly watching this office fall apart. His ideas are largely unproven and dangerous. His agents charge more, on the basis that they offer more, but this is simply untrue. Their "training" consists of attending seminars at which the same material is trotted out over and over again, year after year. It's also unfortunate I think that he truly believes in the protection of property purchasers and yes, there are agents out there that would sell their own Granny, but not all agents are as black as he paints them. Teabagted (above) said that "He did admit that the subscription to Neil Jenman's ethics training system is very expensive", bloody hell, you don't know the half of it! He has the gall to bag franchises, but basically charges the same and offers very If they actually gave business owners training on how to properly run a business, perhaps the exorbitant fees could be justified, but they don't and they can't. Plenty more to write but I gotta go... JP aussierogue [994 Posts] hey jp - interesting post. so why is yr company a 'jenman' agent. just out of interest do the owners of your company really believe in the system or is it just another marketing tool to get in the masses!! melbear [2431 Posts] Personally, I have no interest in Jenman Real Estate agents. I don't like having to actually walk into their offices, and be 'screened/qualified' before I can even 'window shop'. If a property I am looking at interests me, I will contact the agent. I also don't believe it's up to them to tell me whether or not I can buy a property. Cheers pelican [459 Posts] Folks, lets take a few steps away here..... Whilst I will not doubt his books usefulness, as I have yet to read them, isn't it interesting that they seem to be a form of advertising for his agents and the franchises.... I mean, come on folks, can you honestly tell me he is REALLY helping people ??? He looks like he's helping people, but the reality is, he's helping himself...... It doesn't take too much of a brain to figure his game out....... I'm sure the Jenman occult memb.... oops I mean. um.... I'm sure the Jenman faithful will want to flame me for the above..... but, when you are sitting on ( reportedly ) $20million, and, you aren't really helping the real "battlers" out there, then... sorry.... I don't believe you...... jparrie [17 Posts] Hi Aussierogue To be honest I don't think the owner of the business I work for really knows why he is a member. There was this huge 'dream' of expanding the office and taking over the area in which we work, but exactly the opposite has happened, the processes that Jenman champions have been followed religiously but have failed miserably. But how was it ever supposed to work? We don't advertise (Jenman's answer is there is no need - clients come to us via the sign outside the property), so there is very little buyer enquiry, which according to Jenman is good - because any enquiry that we do get is supposedly good enquiry (or people that actually want to buy)- a dangerous assumption? (for the Vendor & agent) So almost all of our outgoings are spent on Jenman promotional material and if you saw some of it you would laugh your socks off. The latest leaflets that we are supposed to deliver are an absolute cracker - by that I mean that they are staggeringly unbelievable in their naivety. I sometimes get the feeling that we are being used in some big Jenman experiment, just to see what does and doesn't work. The Jenman group doesn't believe that a normal education (ie, a Degree) has any bearing on a persons ability to work in real estate. This may be true, but when the owner of a business has no education in running a business it shows. The real estate business is (or can be) a fantastic cash cow, if properly run. aussierogue [994 Posts] hey jp - tks your reply its a very interesting discussion but im still gonna give jenman the benefit of the doubt and heres why. - feeling like its some kind of experiment. the truth is that you probably are. not out of any sinister motive but yes i would think that the process of trying to achieve ethical standards in realestate is one huge experiment. - with ref to pelicaninvestments who has a good point but i would argue this. lets just say that one day you decided that the industry you were in is rotten and that you felt the need to improve it, make the world a better place (jerry maguire, dead poets society, evry other feel good book, movie in the world) etc etc you would need to realise the flwng things what we shouldnt do is - be too quick to condemn someone who is saying the things that if we are at all honest we already know. that bying realestete can be a mine field for the unanitiated. when was the last time you stood up for something that you knew would be unpopular (because being popular sometimes aint being truthful) and what was the reaciton of those around you?? to sum up - i blve in the ideals of improving ethics in realestate. whether the jenman system is workable, legit etc im not sure but there is nothing else to hold your hat onto at the moment so im gonna run with it as being a good idea... pelican [459 Posts] Aussierogue, You have valid points there, but as they say.... which Mr. Jenman should remember.... Those who live in glass houses should not throw stones.... Jenman attacks way too many people without looking at the facts before he does..... sorry, but as I said.... if his system is supposed to be there to help people.... WHY ISN'T HE ??? All he's doing is promoting his way of doing things, and charging fees for it....... _se7en_ [101 Posts] There needs to be more people like Jenman in the investment industry. [edited by Brent.. Reason: lets keep it above the belt] Jenman might go too far on some issues, but the investment industry needs someone to shine a spotlight on it. The goverment org. that regulates the investment industry is too slow to react to all the scammers out their, and it has been Jenman who has got the ball rolling. jparrie [17 Posts] I do agree with you aussierogue, I think Neil is genuine about improving the industry and the bad practices that exist. I guess I am just looking at the whole thing through slightly different eyes - that of someone who actually has to deal with the working practices - and as far as this office is concerned, I think they are badly thought out, ill advised and fundamentaly flawed. A bit of proper business logic and business education would go a long way to improving the current situation. I also think that the client is also being misrepresented about our skill levels. The Jenman group will tell potenial clients that salesmen receive training in the art of negotiation - really? when was that then? at one of the seminars? C'mon, tell the truth! We don't get ANY proper training at all and the boss can't train us because he doesn't know anything about how to run a business. Jenman is simply a point of difference and it could be a good one if only some of the ludicrous working practices were dropped. Someone above made a very valid point about not wanting to be "screened/qualified" before being showed the agents listings, mention this to Jenman and the answer is that you are not a genuine buyer! Really! I wonder how many people we alienate with our ways? 1 2 |
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