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Message
re: When is it time to change realtors?
Posted on 5/5/24 at 8:04 pm to SOLA
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 6:55 am to biglego
Is she fat? Fat people tend to be lazy.
Posted on 5/6/24 at 10:40 am to LSU1018
If it’s only had 5 or 6 showings since it’s been on the market, it’s likely priced too high. If she didn’t talk you into listing at a lower price when you listed, then you may need a new realtor. If she told you and you didn’t listen, then it’s your own fault.
Your issue now is after being listed this long, people will think something is wrong with the house so you will get less showings unless you make a significant price reduction.
Did she run you comps? If she hasn’t run comps in the last month, get her to run them. Think about your house from a buyer perspective, would you buy your house over others listed by you in same price point?
_____________
Agree! OP should pay attention to your comments.
Your issue now is after being listed this long, people will think something is wrong with the house so you will get less showings unless you make a significant price reduction.
Did she run you comps? If she hasn’t run comps in the last month, get her to run them. Think about your house from a buyer perspective, would you buy your house over others listed by you in same price point?
_____________
Agree! OP should pay attention to your comments.
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.
Posted on 5/6/24 at 11:39 am to OWLFAN86
quote:
Donna Summer doesnt get enough hot female singer credit
You're singin' a song about makin' love to your drummer
Well gay guitar-pickers don't turn me on
And we don't all get into Donna Summer
Do you happen to know any old Hank Williams songs?
Posted on 5/6/24 at 11:42 am to HouseMom
buyers have more tools than ever to find and see houses. If it isnt selling then price is too high or the pictures are shitty or some other factor like a shitty neighborhood which should be reflected in the price.
Posted on 5/6/24 at 11:47 am to diat150
Agreed. It's a hard pill for many to swallow, but a house is worth what someone will pay for it.
Posted on 5/6/24 at 11:53 am to SOLA
quote:
She said she was gonna have an open house, but hasn’t-she had said people really don’t do open houses anymore with the internet.
This seems like a lazy response, I would think they would do as much possible to have folks physically come to the house.
Posted on 5/6/24 at 11:54 am to lsumailman61
quote:
I only got to open houses when the realtors are serving food and margaritas!
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