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re: Do Realtors blackball houses not listed by Realtors?

Posted on 4/3/11 at 7:39 pm to
Posted by lsubandmom
Houston/Lafayette
Member since Oct 2007
902 posts
Posted on 4/3/11 at 7:39 pm to
I show any and all listings to my clients. I could care less who you listed it with, as long as I can show it. I do list some homes, but mainly work with buyers. Just my preference, because I enjoy it. I do my best to not even look at commission when I'm setting up appointments and I have sold some with 1.5% to the selling agent. The vast majority of buyers that are new to an area need help. I have spent up to 6 months working with buyers only to have something fall through and I don't get paid. How many of you would go to work with no guarantee of being paid. An attorney is great for writing up a contract, but they are not going to go out and help you with getting through inspections, appraisals, holding your hand with the lender and everything else that comes up prior to closing. Best of luck with the house - if it is in good condition and is priced right - it will get shown and the right buyer will find it.
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
51387 posts
Posted on 4/3/11 at 7:50 pm to
all the time.
Posted by sapo504
Baton Rouge
Member since Nov 2007
94 posts
Posted on 4/4/11 at 8:48 am to
Mind taking a look at my listing? It would be nice to get an objective 3rd party giving an opinion on it - good or bad. I had the pictures "fixed" this weekend.

My email is sapo504 at yahoo .com if you wouldn't mind.
Posted by Chad504boy
4 posts
Member since Feb 2005
166246 posts
Posted on 4/4/11 at 8:58 am to
most realtors are like drug dealers, they generally only do business with other criminals.
Posted by 19thHole
Working on my TPS reports
Member since Dec 2007
4908 posts
Posted on 4/4/11 at 9:05 am to
now there is an incredibly insightful opinion
Posted by Chad504boy
4 posts
Member since Feb 2005
166246 posts
Posted on 4/4/11 at 9:06 am to
quote:

now there is an incredibly insightful opinion



+1

Its not a coincidence either that they like to show the homes that also have the highest commissions for themselves as well.
Posted by 19thHole
Working on my TPS reports
Member since Dec 2007
4908 posts
Posted on 4/4/11 at 9:08 am to
-2

It is like any business, the good ones who survive are those who behave ethically and honestly. Those who behave based on whatever bad experience you must have had usually do not last because they have no idea what they are doing.
Posted by Chad504boy
4 posts
Member since Feb 2005
166246 posts
Posted on 4/4/11 at 9:13 am to
quote:


It is like any business, the good ones who survive are those who behave ethically and honestly. Those who behave based on whatever bad experience you must have had usually do not last because they have no idea what they are doing.


They are all RIDICULOUSLY priced thieves. When there is 18,000 in realtor cost to sell a fricking 300,000 home... that's robbery. Realtors have their place in this world but it's ridiculous the amount of commission paid to them.
Posted by 19thHole
Working on my TPS reports
Member since Dec 2007
4908 posts
Posted on 4/4/11 at 9:42 am to
I dont know what you do, but in my opinion considering the amount of time you have to post on TD each day (based on a quick post search) I presume you are RIDICULOUSLY overpaid as well
Posted by Chad504boy
4 posts
Member since Feb 2005
166246 posts
Posted on 4/4/11 at 9:45 am to
quote:

I dont know what you do, but in my opinion considering the amount of time you have to post on TD each day (based on a quick post search) I presume you are RIDICULOUSLY overpaid as well



That's a good approach to take cause there was no way you could legitimately justify those type of commissions for realtors.
Posted by barry
Location, Location, Location
Member since Aug 2006
50342 posts
Posted on 4/4/11 at 10:10 am to
I talked to several real estate agent when selling my house and they pretty much all admitted that they won't show a house thats FSBO unless there buyer request it specifically.
Posted by Chad504boy
4 posts
Member since Feb 2005
166246 posts
Posted on 4/4/11 at 10:11 am to
quote:

I talked to several real estate agent when selling my house and they pretty much all admitted that they won't show a house thats FSBO unless there buyer request it specifically.


they probably even wouldn't show a house that wasn't a full 3% buyer commission fee either.
Posted by TigerDog83
Member since Oct 2005
8274 posts
Posted on 4/4/11 at 10:21 am to
quote:

An attorney is great for writing up a contract, but they are not going to go out and help you with getting through inspections, appraisals, holding your hand with the lender and everything else that comes up prior to closing.


All of these jobs can be hired out by an individual homeowner just as easily as a real estate agent. Like previous threads on this have covered agents can provide services to people who don't wish to perform all the due diligence themselves. Where agents get into trouble is when they insist that using an agent is the only way to negotiate real estate transactions. Many people have no need to pay 3 - 6 % to handle tasks that can be handled by the seller/owner.
This post was edited on 4/4/11 at 10:47 am
Posted by hawkeye007
Member since Feb 2010
5851 posts
Posted on 4/4/11 at 10:43 am to
i would list my house FSBO before paying the MLS listing fee. i deal with realtors on a daily basis your better off with FSBO then just MLS listing.
Posted by tigerfan4444
Member since Apr 2008
702 posts
Posted on 4/5/11 at 1:36 pm to
Your lack of foot traffic might have to do with the area, your pics, or the fact that Obama is in the house.

Maybe your pics aren't flattering. I've seen pics of homes represented by real estate agents and some of their pics stink except when it comes to nicer homes $400K+.

I read homebuyers want ready to move in homes with great curb appeal AND stainless appliances, new roofs etc. instead of fixers. You didn't mention what your home looks like.

I would use a wide angle lens, a flash, and/or auxilliary lighting to present the rooms at their best.

There is a home in the area that is for sale, but is a huge eyesore. I know if I were in the market and regardless if it was listed with an agent or not, I wouldn't bother taking a look inside based on the outside.

There is a realtor in this area that seems to get more than her fair share of listings. What is funny is her homes seem to stay on the market longer than most.
Posted by sapo504
Baton Rouge
Member since Nov 2007
94 posts
Posted on 4/7/11 at 10:04 am to
Built in 2003 with Stainless appliances, Carrier AC unit outside, landscaped, with a lake view and an iron fence in back of house. AC and Arch Shingles both original with no problems. Maybe it's the neighborhood, but all houses seem to be pretty nice and newer - dunno what the problem is.
Posted by igoringa
South Mississippi
Member since Jun 2007
11875 posts
Posted on 4/7/11 at 10:24 am to
quote:

This makes sense. It isn't necessarily "blackballing", it's just that they'd rather deal with a pro who knows the ropes.


Nothing to do with dealing with pros and all to do with protecting their trade organization monopoly.

Heaven forbid people figure out that a lock box is not worth 3%. If they show FSBO and the deal goes smoothly, said buyer will understand they dont need a realtor when it becomes sell time.
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