A California Realty’s 2004 Rookie of the Year has received a black blow. His career in real estate could be over. In fact, he may be facing jail time.
A Sacramento T.V. station broke the story about the agent who will be unanmed for this blog. He sold 16 homes with an average price of $532,000 between October 2005 and June 2006, that turned out to be dangerous marijuanna factories. It seems 12 individuals bought the houses that were nothing down deals. The police believe they are part of an Asian organized crime group.
No one lived at any of the addresses. Little contact was made with neighbors and when police raided the homes they found elaborate indoor farms with over 13,000 plants.
My guess is the young agent has a lot of explaining to do. Didn’t some sort of red flag go up that something could possibly be wrong? If not, it sure should have.
I know. People get by with a lot of strange behavior that’s less than stellar. But who are they really fooling? Many times in the end it is only themselves.
Of course the issue keeps recycling. Some people think it’s okay to grow weed indoors. Last time I checked it’s still against the law almost everywhere in the U.S. and it’s certainly dangerous. If a well organized gang was indeed involved neighbors could have been injured or killed had they stumbled upon the farms. Let that be a warning to all landlords. Marijuanna is often well guarded. If you should come across illegal drug activity on your properties, get out of there fast and call the police.
Getting back to the wayward real estate agent. What thoughts will be going through his head right before it hits the pillow tonight? Everybody in California knows about the 13,000 plants by now. And they know his name. I did not mention his name on purpose. I guess I was trying to give him the benefit of the doubt. Possibly his problem is that he’s scatterbrained, but if that’s true he suffers from extreme stupidity.
This brings me to my sermon. Honesty is still important. You are judged by your integrity. Without it you’ll find yourself without clients, tenants , customers, or homeowners who want to do deals with you. In a nutshell it’s called reputation. And as old fashioned as this may sound, it’s still money in the bank.