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A broker in a coffee shop told me something that still bothers me

I was in a place in Denver about six months ago, just getting a coffee before a meeting. A broker sat down next to me, saw me looking at a bank's rate sheet, and started talking. He said, 'You know, banks are just order-takers. They have one product and they sell it to everyone.' He said it with this total confidence, like it was a simple fact. The way he dismissed the whole idea of a relationship with a bank stuck with me. It felt like he was selling a story more than a service, pushing this idea that brokers are the only ones who look out for you. I left wondering if that's the standard pitch now, to just trash the other side completely. Has anyone else had a broker talk like that, where they made banks sound totally useless?
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christopherwilson
Hate that kind of pitch, honestly. It's a cheap shot that makes the whole industry look bad. Good brokers explain what they do without having to trash someone else.
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maryp18
maryp181d ago
What if the other person is actually doing a bad job though? I get what you're saying @christopherwilson, but sometimes a direct comparison is the clearest way to show your value. It's not always about trashing someone, it's about pointing out a real problem in how some people work. If a broker is hiding fees or giving bad advice, calling that out helps clients. The industry looks bad when we stay quiet about bad practices, not when we talk about them.
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