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re: When is it time to change realtors?
Posted on 5/5/24 at 6:27 pm to SOLA
Posted on 5/5/24 at 6:27 pm to SOLA
quote:
She’s kind of friend of my wife’s, so that kind of complicates things
Never do any kind of financial and/or business dealings with friends and/or relatives. It can/will complicate everything.
This post was edited on 5/6/24 at 12:26 am
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Posted on 5/5/24 at 6:37 pm to SOLA
Boss I'm selling by owner and have a couple that offered my neighbor a really good price.
They said they liked ours as much so we are optimistic.
Realtor waiting in the wings for 3% if it doesn't sell in a few weeks.
She was giving open houses 3x this week when I reached out to her.
They said they liked ours as much so we are optimistic.
Realtor waiting in the wings for 3% if it doesn't sell in a few weeks.
She was giving open houses 3x this week when I reached out to her.
Posted on 5/5/24 at 7:32 pm to SOLA
Can u talk to her???? Geez
Posted on 5/5/24 at 7:39 pm to SOLA
If not sold after 3 mos
Posted on 5/5/24 at 7:47 pm to SOLA
We signed a six month contract with our agent to give them exclusive right to sell. Open house was planned for the first weekend but never took place. There was no need. It went on the market on April 9, by April 11 we had none offers on it. We're closing on the 20th of this month and sold for 12% higher than our asking price.
I think you may want to check your contract with your agent and see when her exclusive right to sell expires. Then again, look at similar properties in the area and see whether they are selling. It could be that the market just isn't right for you at the moment.
For our part, we're extremely happy with our agent. She both sold our current home in record time and helped us find the perfect home closer to work in west Georgia and much further away from the Atlanta metro area. Maybe we were just lucky as hell to have found her.
To be fair though, there are a whole lot of homes on the market in Rome, Villa Rica, Douglasville, Temple, Cedartown, Rockmart, Carrolton, etc which have been on the market for well over 100 days - some over 200. A lot of that is because the owners/sellers have the home priced too high. Even with the real estate market at an all-time high, people don't want to pay good money for a hell hole or even for a good house that is in a neighborhood that is obviously on the decline.
I think you may want to check your contract with your agent and see when her exclusive right to sell expires. Then again, look at similar properties in the area and see whether they are selling. It could be that the market just isn't right for you at the moment.
For our part, we're extremely happy with our agent. She both sold our current home in record time and helped us find the perfect home closer to work in west Georgia and much further away from the Atlanta metro area. Maybe we were just lucky as hell to have found her.
To be fair though, there are a whole lot of homes on the market in Rome, Villa Rica, Douglasville, Temple, Cedartown, Rockmart, Carrolton, etc which have been on the market for well over 100 days - some over 200. A lot of that is because the owners/sellers have the home priced too high. Even with the real estate market at an all-time high, people don't want to pay good money for a hell hole or even for a good house that is in a neighborhood that is obviously on the decline.
This post was edited on 5/5/24 at 7:51 pm
Posted on 5/5/24 at 7:53 pm to SOLA
Open houses advertise agents not houses. They just want the contacts. That doesn't mean your realtor sucks or your house isn't overpriced. It's better to set the market going down, the next person is going to want it for even less.
Posted on 5/5/24 at 7:56 pm to SOLA
Never buy cars or sell houses with friends
Posted on 5/5/24 at 8:04 pm to SOLA
quote:
said people really don’t do open houses anymore with the internet.
My neighbors just sold and had an open house. One person came. Granted it was on a Friday which I thought was odd as frick but still.
At 5 months if you have no bites I think it's time to take it off the market for a bit. With the internet everyone sees all the houses. Realtors don't seem to need to do much work.
I just bought and had the house I wanted already picked just had to use the realtor to do the showing. But she didn't help me find a house.
Posted on 5/5/24 at 10:12 pm to SOLA
Open houses are hit and misses. It depends on location, area your home is and price point.
However, the point is she said she would hold one and hasn’t fulfilled that promise. That is an issue. If she isn’t using animals all social media and platforms then she is just sitting and waiting for a buyer. Friends and all.
However, the point is she said she would hold one and hasn’t fulfilled that promise. That is an issue. If she isn’t using animals all social media and platforms then she is just sitting and waiting for a buyer. Friends and all.
Posted on 5/5/24 at 10:14 pm to SOLA
She only makes money when she sells your house, yea?
Posted on 5/5/24 at 10:24 pm to SOLA
I just moved in a house we viewed during an open house. She’s FOS.
Posted on 5/5/24 at 10:39 pm to SOLA
I've noticed a lot of realtors in this area are moonlighting as agents now with day jobs because the market has been so bad. I would imagine it might be similar elsewhere. Leaves them much less time to work on the sales aspect.
Posted on 5/5/24 at 10:58 pm to SOLA
Depends on the area. I’ve had a bunch of open houses, and mostly what shows up are realtors looking for the free lunch. I see a whole lot of emails from other agents holding them, darn few of them sell more than me, so if I have a property I’m pretty sure will sell I don’t bother with one.
Now that they haven’t held an open house and said they would is a problem, so questions I’d ask you about the setup for your listing.
Who priced it? You or off a recommendation from them, if it was a recommendation from them did they go over the comps they used to come up with it? So there’s no way to know if you’re priced right. Have you considered having an independent appraiser look at it. I do that on hard to comp property.
To follow up with that point, one of the absolute worst things you can do is overprice one, then start dropping the price. After it’s been on for a while doing that buyers ask themselves “what’s wrong with it” and don’t bother to go see it.
You put it up for sale at a time when the market is its slowest for most areas, so longer to sell isn’t uncommon during that time frame. If you ask me you should have taken it down for 2 weeks around the 1st of April. Why do you do that? So Zillow, the MLS, etc make it look like a brand new listing then.
Facebook is pretty much useless for home sales, yes they should put it up (my assistant does that) but don’t expect much.
If you really want to sell a house, who will sell it? Probably another realtor, and how will you get their attention? Ask your realtor if they have the email address of every active realtor in their MLS. If they don’t, start interviewing realtors and find one who does.
Take it down for 2 weeks, put it back up with whichever realtor you use priced right, and offer a $2,500, 3k, 5k whatever selling agent bonus you’re comfortable for a contract that closes within 45 days or so. IMPORTANT, they have to email the other agents that info, as you can’t advertise it publicly.
I sold mine recently, priced it just below appraised value and emailed 800ish agents the 5k bonus on top of the commission. 4 showings and 4 offers in 4 hours the next morning after I listed it the previous afternoon and emailed my fellow mercenaries. I know my fellow realtors, good ones ALL have people they’re on the lookout for. It sold over asking and closed in under 30 days.
Time for you to start shooting for the right targets.
Now that they haven’t held an open house and said they would is a problem, so questions I’d ask you about the setup for your listing.
Who priced it? You or off a recommendation from them, if it was a recommendation from them did they go over the comps they used to come up with it? So there’s no way to know if you’re priced right. Have you considered having an independent appraiser look at it. I do that on hard to comp property.
To follow up with that point, one of the absolute worst things you can do is overprice one, then start dropping the price. After it’s been on for a while doing that buyers ask themselves “what’s wrong with it” and don’t bother to go see it.
You put it up for sale at a time when the market is its slowest for most areas, so longer to sell isn’t uncommon during that time frame. If you ask me you should have taken it down for 2 weeks around the 1st of April. Why do you do that? So Zillow, the MLS, etc make it look like a brand new listing then.
Facebook is pretty much useless for home sales, yes they should put it up (my assistant does that) but don’t expect much.
If you really want to sell a house, who will sell it? Probably another realtor, and how will you get their attention? Ask your realtor if they have the email address of every active realtor in their MLS. If they don’t, start interviewing realtors and find one who does.
Take it down for 2 weeks, put it back up with whichever realtor you use priced right, and offer a $2,500, 3k, 5k whatever selling agent bonus you’re comfortable for a contract that closes within 45 days or so. IMPORTANT, they have to email the other agents that info, as you can’t advertise it publicly.
I sold mine recently, priced it just below appraised value and emailed 800ish agents the 5k bonus on top of the commission. 4 showings and 4 offers in 4 hours the next morning after I listed it the previous afternoon and emailed my fellow mercenaries. I know my fellow realtors, good ones ALL have people they’re on the lookout for. It sold over asking and closed in under 30 days.
Time for you to start shooting for the right targets.
Posted on 5/5/24 at 11:09 pm to SOLA
If your realtor can’t 2x asking cost, you are getting ripped off
Posted on 5/6/24 at 12:20 am to SOLA
Nobody wants to move to Houma
Posted on 5/6/24 at 11:01 am to SOLA
quote:
She’s kind of friend of my wife’s, so that kind of complicates things, but I’m not sure how much she is doing. I don’t think she has even posted it on her facebook. All she has said is about lowering the price. TIA
get a real realtor immediately
this is classic case of friend who doesnt know what she is doing using friendship factor to do a job she shouldnt have.
let the wife be mad, is keeping her happy really worth losing possibly 10s of thousands in a bad sale with a realtor that doesnt know what she is doing?
This post was edited on 5/6/24 at 11:02 am
Posted on 5/6/24 at 11:04 am to SOLA
quote:
She said she was gonna have an open house
I don't think these really help sell a house. It just helps the listing agent make contact with possible buyers.
Posted on 5/6/24 at 11:22 am to SOLA
quote:
she had said people really don’t do open houses anymore with the internet.
IDK about everywhere, but in Texas open houses have people lined up ahead of time.
Posted on 5/6/24 at 11:35 am to SOLA
9 out of ten times the problem is not the Realtor, it's the house. An open house is not going to swing a buyer to make an offer.
What do the pictures look like on the listing? What is the description written out? Are the room/baths/sqft/ lot size all correct?
What do the pictures look like on the listing? What is the description written out? Are the room/baths/sqft/ lot size all correct?
Posted on 5/6/24 at 11:36 am to SOLA
You need to be honest with yourself about the price. Would YOU re-buy this house at the listed price in comparison to other similar homes for sale?
The hard truth is that houses sell themselves. If you have good quality/professional pictures, and the house is in decent shape, clean, and is not falling apart, it all comes down to the price.
The value of your realtor is to help you stage your home, point out how you can get it ready to sell in terms of cleaning out closets, clearing clutter, fixing broken things, landscaping, etc. Take it off the market, spruce it up, take new pics, and then re-list at a more realistic price with an open house.
The hard truth is that houses sell themselves. If you have good quality/professional pictures, and the house is in decent shape, clean, and is not falling apart, it all comes down to the price.
The value of your realtor is to help you stage your home, point out how you can get it ready to sell in terms of cleaning out closets, clearing clutter, fixing broken things, landscaping, etc. Take it off the market, spruce it up, take new pics, and then re-list at a more realistic price with an open house.
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