Re: I'm not dead yet! Metalman's desperate real estate seller's guide
1. Most agents don't like to do open houses.
2. Yes. To a limit. Competitive compensation for cooperating agents is essential.
3. Never happens.
4. Some agents are not as good as others with regards to their fiduciary duties.
5. See 4.
6. Same applies. Some know alot. Some know little.
7. You would be surprised how often inspectors scare first time buyers with their language.
8. Some agents know alot about real estate law. Some know a little.
9. See 8
10. Some can, and do. Some can't and try. Some can't and don't try.
I like when a seller picks your brain for the value of their house. Market conditions. Improvements that should be done. All associated closing costs. Recommended contractors, lawyers etc. Then go ahead and try to sell on their own. Thanks for the help.
The bottom line is PRICE. If the price is too high it wont sell. If the condition of the property is marginal, the price needs to reflect this. If the location is bad, the price needs to reflect this. Price is the MOST important factor. Any agent that tells you different is either lying or wrong.
Real estate should be done on a pay for services basis. That would eliminate alot of the problems. What is considered a conflict of interests, would disappear under a pay for services system.
Btw: Do you think a home inspector who needs a little more business will trash a house to a buyer, so the deal dies. Hope the buyer goes under contract again and hires the inspector?
Originally posted by LargoWinch
View Post
1. Most agents don't like to do open houses.
2. Yes. To a limit. Competitive compensation for cooperating agents is essential.
3. Never happens.
4. Some agents are not as good as others with regards to their fiduciary duties.
5. See 4.
6. Same applies. Some know alot. Some know little.
7. You would be surprised how often inspectors scare first time buyers with their language.
8. Some agents know alot about real estate law. Some know a little.
9. See 8
10. Some can, and do. Some can't and try. Some can't and don't try.
I like when a seller picks your brain for the value of their house. Market conditions. Improvements that should be done. All associated closing costs. Recommended contractors, lawyers etc. Then go ahead and try to sell on their own. Thanks for the help.
The bottom line is PRICE. If the price is too high it wont sell. If the condition of the property is marginal, the price needs to reflect this. If the location is bad, the price needs to reflect this. Price is the MOST important factor. Any agent that tells you different is either lying or wrong.
Real estate should be done on a pay for services basis. That would eliminate alot of the problems. What is considered a conflict of interests, would disappear under a pay for services system.
Btw: Do you think a home inspector who needs a little more business will trash a house to a buyer, so the deal dies. Hope the buyer goes under contract again and hires the inspector?
Comment