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re: When is it time to change realtors?
Posted on 5/5/24 at 10:58 pm to SOLA
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.
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