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re: Is there a way to short Realtors?

Posted on 12/11/23 at 10:03 am to
Posted by StringedInstruments
Member since Oct 2013
18556 posts
Posted on 12/11/23 at 10:03 am to
quote:

You're pissed cause she couldn't predict what interest rates would do?


Because she like many realtors justify their jobs by conveying “expertise” to people inexperienced with selling homes. Realtors should be clear that cosmetic upgrades don’t actually increase home values. Being realtors, they should know this information and not provide bullshite evidence that spending more money on an existing home will help with a sale unless it’s some kind of maintenance issue an inspection reveals.

I’m sure she had some good companies to recommend to do the jobs she suggested too.
Posted by LouisianaLady
Member since Mar 2009
81324 posts
Posted on 12/11/23 at 10:28 am to
Spot on.

I think some of the younger ones like sounding like an expert/feeling like an authority on something, so they give random advice without actually researching.

We've had younger realtors mention redoing the kitchen in our old house that's on the market. Nobody is living there, mind you. And this suggestion wasn't made so we can raise the price and try to get more. It was made to get the house to move at its current price, which is not overpriced (market just sucks right now).

I am really curious on what planet they think redoing the kitchen in a vacant house is going to give a return worth doing so. If anything, it would make more sense to lower the price to try to compete price wise against those newer starter homes with larger kitchens. Not to spend an arm and a leg redoing this one.
This post was edited on 12/11/23 at 10:36 am
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