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re: Question for realtors... Am I being selfish?
Posted on 10/29/13 at 3:47 pm to TIGRLEE
Posted on 10/29/13 at 3:47 pm to TIGRLEE
I'm a Realtor so I'll take a shot at answering this question.
An old saying in real estate is that if a house doesn't sell it has to because of one of the following three things: Market Conditions, Price, or Exposure. One thing you control (price), one thing the Realtor controls (exposure), and the last thing cant be controlled by either of you.
First thing, you said in the post that you are a little high on price. You need to fix that first. An overpriced house doesn't sell. Seems simple and it is.
Second thing, you need to make sure that your Realtor is doing their job to get the house sold. Did the Realtor hire a photographer to shoot the pics or did they do it themselves with a cheap point a shoot camera? This is so important! Houses with great photos online sell for higher prices. It's been proven. Is your Realtor also using unconventional places like Facebook and Craigslist to increase the exposure of the house? Are they doing Open Houses? Realtor Open Houses? Make them work for their money.
Finally I'll give my two cents about the FSBO idea. I'm not anti FSBO. In some cases it's a great option. But, if you are thinking of thinking of dropping the price of the house the amount of his commission you wont be saving any money when you sell and you'll be losing valuable exposure even a bad Realtor provides be not being listing on the local MLS.
You aren't being selfish at all. Sounds like you priced the house high so that after paying Realtor fees you'd still walk away with some money in your pocket to show for all the mortgage payments you've made. Unfortunately, that's not always possible.
Good Luck to you!![](https://images.tigerdroppings.com/Images/Icons/Iconcheers.gif)
An old saying in real estate is that if a house doesn't sell it has to because of one of the following three things: Market Conditions, Price, or Exposure. One thing you control (price), one thing the Realtor controls (exposure), and the last thing cant be controlled by either of you.
First thing, you said in the post that you are a little high on price. You need to fix that first. An overpriced house doesn't sell. Seems simple and it is.
Second thing, you need to make sure that your Realtor is doing their job to get the house sold. Did the Realtor hire a photographer to shoot the pics or did they do it themselves with a cheap point a shoot camera? This is so important! Houses with great photos online sell for higher prices. It's been proven. Is your Realtor also using unconventional places like Facebook and Craigslist to increase the exposure of the house? Are they doing Open Houses? Realtor Open Houses? Make them work for their money.
Finally I'll give my two cents about the FSBO idea. I'm not anti FSBO. In some cases it's a great option. But, if you are thinking of thinking of dropping the price of the house the amount of his commission you wont be saving any money when you sell and you'll be losing valuable exposure even a bad Realtor provides be not being listing on the local MLS.
You aren't being selfish at all. Sounds like you priced the house high so that after paying Realtor fees you'd still walk away with some money in your pocket to show for all the mortgage payments you've made. Unfortunately, that's not always possible.
Good Luck to you!
![](https://images.tigerdroppings.com/Images/Icons/Iconcheers.gif)
Posted on 10/29/13 at 5:22 pm to Haughton99
Couple things worth mentioning..
I didnt set price on the house, he did... based on comparable comps.
FSBO has a feature you can buy for 400bucks that allows it to be posted on MLS for 6 months and realtor.com.
Im offering 3% commission to buyers agent.
Im also going to spend some money every month advertsing myself outside of FSBO. I was thinking in local papaers and whatever else I can find to post the house on.
I didn't do a good job from the start with this person... We dont communicate well, pictures he took were iphone shite pics, He did one open house back in July.
Its slow time coming, so if I dont sell in the next 6 months Ill go with another realtor next spring.
I didnt set price on the house, he did... based on comparable comps.
FSBO has a feature you can buy for 400bucks that allows it to be posted on MLS for 6 months and realtor.com.
Im offering 3% commission to buyers agent.
Im also going to spend some money every month advertsing myself outside of FSBO. I was thinking in local papaers and whatever else I can find to post the house on.
I didn't do a good job from the start with this person... We dont communicate well, pictures he took were iphone shite pics, He did one open house back in July.
Its slow time coming, so if I dont sell in the next 6 months Ill go with another realtor next spring.
Posted on 10/29/13 at 7:16 pm to Haughton99
quote:
Haughton99
I am a Realtor as well and I cosign everything you just posted.
Posted on 10/31/13 at 12:20 am to Haughton99
quote:
Are they doing Open Houses? Realtor Open Houses? Make them work for their money.
Open houses waste everyone's time. 99% of the time the best that can happen is the agent will pick up a buyer for ANOTHER sellers house. I agree with everything else though.
This post was edited on 10/31/13 at 12:25 am
Posted on 11/1/13 at 6:37 pm to Haughton99
Do y'all like being realtors? Seems like a fun career and I'm looking to change.
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