|Real Estate Information|
I have a buyer for your property and I can sell it now!
A Realtor has just talked to you and said, "I have a buyer for your property and I can sell it now; perhaps for more money than the price your current real estate agent has it listed for." Have you heard this or a version of this? Or, "I have a buyer for your property and I can sell it now; for Big Bucks (with an incredibly high figure named) perhaps for more money than that."
In the fiercely competitive real estate business, it is a too common practice for one real estate agent to entice a seller to re-list their property with the new Realtor. It is also against the Realtors regulatory requirements in several ways.
If the Realtor will break the rules in his own professional organization where he has been and will be for years perhaps... how honest and ethical will he be with YOU a one time relationship? Frequently, the wording used to entice is vague and the idea insinuated rather than spoken plainly - but the intent is clear. Realtor B suggests or insinuates to the seller "Get rid of Realtor A and list your property with ME as I have several buyers who will buy your property right away." As a seller you want to sell your property and for more money, right? BUT, Do you want a liar to represent you?
This practice of enticing a seller to change listing agents is more common in some places than in other places. There is another version of this which occurs when the seller communicates with several Realtors to decide which Realtor to list his property for sale with. One of those Realtors being interviewed or spoken to by the seller may offer to list the property as much as double or triple the market value in some market places. In others it may be only 2% or 5% more than the others are suggesting. Usually, with more unique properties, at least one Realtor will offer to list the property at 20-40% above market value, in order to get the business. Those are the same Realtors who, knowing the value of billboards, have signs all over the place that are erected to stay for a while. Those same Realtors may have no signs on their properly priced properties as a rule; so that they can sell those properties without splitting the commission with another Realtor in a co-brokerage arrangement. If you hear this type of language or see this type of operations from a Realtor; realize you have just connected to one of the 2% or less who are not fit to deal with and move on to another; don't let your own greed cost you dearly.
A property should be listed very close to market value or better yet, at market value. There IS such as thing as market value and that value can be found by a competent appraiser to within less than 2% and by a competent Realtor too in most cases - but not as an appraisal, as an opinion of value. Market value can also be shown with an honest comparative market analysis, done by a Realtor.
Nearly all buyers are intimately aware of market values for the type, location and price range of property they seek and buyers want property that is below market value not above it. Or at least they want a better property at market value. In other words most buyers are expert at the price range and location they have decided on and they will just ignore properties that are overpriced.
It is not only the Realtor who is isolated from factuality. Frequently the seller pushes the listing agent to put the property on the market far above the market value; in fact that is the case about 70-90% of the time, if a property is overvalued. An honest Realtor will advise the seller of the real value of his property and suggest that he list the property for sale, within 10-15% of the market value.
For a slower sale the property can be listed at or above market value. For a quicker sale, which saves monthly mortgage payments if the seller still makes payments, listing the property at or even a tiny little below market may be what the seller needs. It is the Realtors job to advise the seller honestly and then to abide by the sellers decision.
Now back to those who encourage sellers to change Realtors so that the buyers they have will buy the property. They are liars. If they really had a buyer, other than themselves, they would sell that property to the buyer right now and not dare wait to get the property relisted and risk losing the buyer as timing is everything. IF they did really have a buyer they would sell the property to that buyer now and co-broke with the sellers current Realtor. And if they say they can get more money than your current Realtor has it listed for or more than market value - then if they were not misleading, they would go ahead and sell it now for the lesser amount and be a champion to their buyer -- wouldn't they?
THINK ABOUT IT!
Copyright 2000-2005 by www.JodyHudson.com
Jody Hudson has been a Realtor for 35 years across America and in Delaware.
Source for this article is: http://www.kate-jody.com/essays/whatdidyousay.html
Texas real estate sales continue to increase, including Jim Wells County Alice Echo News-Journal
Real Estate and Cash Are Americans' Top Preferred Investments Over the Next 10 Years - The Southern Maryland Chronicle
Real Estate and Cash Are Americans' Top Preferred Investments Over the Next 10 Years The Southern Maryland Chronicle
Skagit County real estate remains much in demand goskagit.com
Stacom, Shanahan win Most Ingenious Deal of the Year Real Estate Weekly
Progressive Real Estate Partners Directs $3.3M Sale of US Bank-Leased Property in Southern California - REBusinessOnline
Progressive Real Estate Partners Directs $3.3M Sale of US Bank-Leased Property in Southern California REBusinessOnline
Real Estate Minute – 06-24-2021 KFDX - Texomashomepage.com
Evansville area real estate inventory remains low, and sellers are cashing in - Evansville Courier & Press
Evansville area real estate inventory remains low, and sellers are cashing in Evansville Courier & Press
Offerpad Announces Plans to Appoint Tech and Real Estate Leaders to Public Company Board of Directors - Business Wire
Offerpad Announces Plans to Appoint Tech and Real Estate Leaders to Public Company Board of Directors Business Wire
Project Destined Sends Students to U of Miami MBA Real Estate Program Commercial Observer
The steamy debate over real estate love letters HousingWire
Real Estate Transfers for 6/4 Massillon Independent
CMG Financial and Seven Gables Real Estate Launch Primco Mortgage, a Joint Venture Partnership - KPVI News 6
CMG Financial and Seven Gables Real Estate Launch Primco Mortgage, a Joint Venture Partnership KPVI News 6
Real estate transactions: Industrial deals thrive near Port of Houston Houston Chronicle
Real estate agent Suzanne Frisbie returns to the Corcoran Group in Palm Beach - Palm Beach Daily News
Real estate agent Suzanne Frisbie returns to the Corcoran Group in Palm Beach Palm Beach Daily News
Lenders, don't overlook real estate investors HousingWire
Holden Beach Mayor: No conflict in town buying pier brokered by his real estate firm - StarNewsOnline.com
Holden Beach Mayor: No conflict in town buying pier brokered by his real estate firm StarNewsOnline.com
Experts discuss COVID-19's effects on Texas real estate trends during digital summit - Community Impact Newspaper
Experts discuss COVID-19's effects on Texas real estate trends during digital summit Community Impact Newspaper
Real Estate Transfers For June 17-23 The Chattanoogan
Adtech startup Tomi raises seed funding to make real estate ads perform as well as e-commerce - TechCrunch
Adtech startup Tomi raises seed funding to make real estate ads perform as well as e-commerce TechCrunch
How this Canadian city became North America's third least affordable real estate market - Yahoo Sports
How this Canadian city became North America's third least affordable real estate market Yahoo Sports
Ask a real estate pro: Co-owner of house doesn’t want to sell. What can we do? - South Florida Sun Sentinel - Sun Sentinel
Ask a real estate pro: Co-owner of house doesn’t want to sell. What can we do? - South Florida Sun Sentinel Sun Sentinel
"Dangerous' Raleigh real estate investor pleads guilty to fraud - Triangle Business Journal - Triangle Business Journal
"Dangerous' Raleigh real estate investor pleads guilty to fraud - Triangle Business Journal Triangle Business Journal
Limited warehouse space leads to bidding wars, rising rents Connected Real Estate Magazine
Local Mother Loses Life Savings in Real Estate Scam NBC 6 South Florida
Real-Estate Agents Look to AI for Sales Boost The Wall Street Journal
Real Estate Startup Habi’s $100 Million Funding Round Among Largest Raised By A Female CEO In Latin America - Forbes
Real Estate Startup Habi’s $100 Million Funding Round Among Largest Raised By A Female CEO In Latin America Forbes
NY Real Estate Mogul Ted Segal Now Owns Houston's Soccer Future Houstonia Magazine
How’s the market? Plan to retire someday? Choose the real estate Ukiah Daily Journal
Cell Tower Lease, Detached Garage Focus of Pa. Real Estate Cases | The Legal Intelligencer - Law.com
Recent Commercial Real Estate Transactions The New York Times
Real Estate Transactions Business West
Global Real Estate Crowdfunding Market Outlook Report 2021-2028 - ResearchAndMarkets.com - Business Wire
Global Real Estate Crowdfunding Market Outlook Report 2021-2028 - ResearchAndMarkets.com Business Wire
TERRAZZA Wellesley Breaks Ground Boston Real Estate Times
RealTrends + Tom Ferry Announce 2021 America's Best Real Estate Professionals List 16th Annual Real Estate Ranking - PRNewswire
RealTrends + Tom Ferry Announce 2021 America's Best Real Estate Professionals List 16th Annual Real Estate Ranking PRNewswire
'I literally thought I was going to die,' real estate agent says of Gainesville police raid - Gainesville Sun
'I literally thought I was going to die,' real estate agent says of Gainesville police raid Gainesville Sun
TD Jakes Real Estate Ventures Plans Mixed-Use, Mixed-Income Project At Fort McPherson - What Now Atlanta
TD Jakes Real Estate Ventures Plans Mixed-Use, Mixed-Income Project At Fort McPherson What Now Atlanta
“Buy local,” for real estate? Estes Park Trail-Gazette
Raleigh Real Estate Developer Pleads Guilty to Wire Fraud and Firearm Possession Charges - Department of Justice
Raleigh Real Estate Developer Pleads Guilty to Wire Fraud and Firearm Possession Charges Department of Justice
Real Estate Property Services Innovator Lessen Closes $35 Million Series A Funding Round - Arizona Daily Star
Real Estate Property Services Innovator Lessen Closes $35 Million Series A Funding Round Arizona Daily Star
Bowdoin Breaks Ground at Boston Trinity Academy Athletic Center Boston Real Estate Times
Life Sciences Boom Continues in North America Boston Real Estate Times
Becoming a Landlord Was the Best Financial Decision I Ever Made. Here Are 4 Tips for Getting Started - NextAdvisor
Becoming a Landlord Was the Best Financial Decision I Ever Made. Here Are 4 Tips for Getting Started NextAdvisor
People and Property: Real Estate and Construction News Roundup New Hampshire Business Review
Remote Work Cited as Top Concern in Commercial Real Estate Industry Commercial Observer
Pomerleau Real Estate transactions Vermont Biz
BrightSpire Capital, Inc. Completes Name Change from Colony Credit Real Estate, Inc. - Business Wire
Mansion Global Daily: An Iconic Canadian Home Finally Sells, Queen Elizabeth’s Real Estate Portfolio Suffers a £76 Million Loss in Profits, and More - Mansion Global
Mansion Global Daily: An Iconic Canadian Home Finally Sells, Queen Elizabeth’s Real Estate Portfolio Suffers a £76 Million Loss in Profits, and More Mansion Global
Real Estate's Odds in NYC Mayor's Race Just Got Better Commercial Observer
Fredericksburg region's real estate market sizzles for sellers, but frustrates buyers - starexponent.com
Fredericksburg region's real estate market sizzles for sellers, but frustrates buyers starexponent.com
Austin's housing boom: New study shows which zip codes are seeing most growth post-pandemic - KVUE.com
Austin's housing boom: New study shows which zip codes are seeing most growth post-pandemic KVUE.com
Real estate as wild as it seems? We followed an agent for a day to find out. - Sioux Falls Argus Leader
Real estate as wild as it seems? We followed an agent for a day to find out. Sioux Falls Argus Leader
Real estate transactions through June 18 Bryan County News
Martha's Vineyard News | Recent Real Estate Transactions: Week Ending June 18 - The Vineyard Gazette - Martha's Vineyard News
Martha's Vineyard News | Recent Real Estate Transactions: Week Ending June 18 The Vineyard Gazette - Martha's Vineyard News
Great Barrington: Real estate taxes due Aug. 2 | Community News | berkshireeagle.com - Berkshire Eagle
Great Barrington: Real estate taxes due Aug. 2 | Community News | berkshireeagle.com Berkshire Eagle
Florida Real-Estate Investor Has Huge Week With Nearly $99 Million in Property Sales - The Wall Street Journal
Florida Real-Estate Investor Has Huge Week With Nearly $99 Million in Property Sales The Wall Street Journal
What Impact Will the Pandemic Have On Corporate Real Estate Portfolios And The Work Week? - Johnson City Press (subscription)
What Impact Will the Pandemic Have On Corporate Real Estate Portfolios And The Work Week? Johnson City Press (subscription)
Company Insights for the Real Estate Agents and Brokers Industry | Emerging Trends, Company Risk, and Key Executives - Yahoo Finance
Company Insights for the Real Estate Agents and Brokers Industry | Emerging Trends, Company Risk, and Key Executives Yahoo Finance
Real estate market going through the roof in Chester County as bidding wars intensify - Daily Local News
Real estate market going through the roof in Chester County as bidding wars intensify Daily Local News
How Biden’s Tax Plan Could Affect Your Real Estate Investments Kiplinger's Personal Finance
Dear Annie: My best friend just got her real estate license. Should we use her as our agent? - OregonLive
Dear Annie: My best friend just got her real estate license. Should we use her as our agent? OregonLive
Berkshire region real estate sales May 30 – June 5, 2021 theberkshireedge.com
What the Resurgent Real-Estate Market Means for NYC New York Magazine
These States Have The Hottest Real Estate Markets Financial Advisor Magazine
'A seller's market': Here's where home prices are soaring in NJ even as the pandemic fades - NorthJersey.com
'A seller's market': Here's where home prices are soaring in NJ even as the pandemic fades NorthJersey.com
Is An Old Home for You? - The Cons
So you think you might like to buy an old home? Perhaps even something old enough to be historic? It's a good idea to carefully evaluate the pros and cons before you decide. There are plenty of both.
4 Dangers In Flipping Real Estate
If you have recently purchased some real estate for investment purposes, you are in good company. Recent reports suggest that as many as 25% of these purchases are made by those who plan on using the property for investment purposes only.
Mechanics Lien on Your House
In many places you can buy a house and a contractor can put a lien on it within 90 days of construction or delivery of materials. For example if a contractor fails to pay a subcontractor he/she can place a lien against your real estate.
Important Facts For Home Buyers
If you are considering buying a home or have spent many years saving in preparation of buying a home, the questions and process involved in buying a home can be extremely stressful. As exciting as it is to begin looking for your new home, there are many unexpected costs and details to be considered before contacting a real estate agent.
Eleven Questions to Ask in an Agent Interview
Questions Sellers Should Ask in Agent Interviews:1. Is your license in good standing?You can check an agent's certification yourself with your state's department of real estate.
Avoiding A Bad Investment Is Easier Than You Might Think
Human nature being what it is, none of us can get serious about the idea of buying a house without experiencing at least a few small twinges of worry. What we fear, of course, is making a mistake.
Buying A Home - What Is That Noise!?!
You've found the perfect home, closed escrow and just finished moving in. As you happily fall asleep, all seems well in the world.
How To Get Top Dollar For Your Home - Fast
1. Time is money when selling your homeAfter you've made the decision to sell your home, the longer it remains unsold on the market, the more it costs you.
Make Money With Room Rentals
I don't know why I didn't do it sooner, but one day many years ago, I decided to try renting rooms in my home. I was young and single, and had a nice mobile home on small piece of property.
How You Will NOT Make Money in Real Estate
We all have seen some book called "How I Turned my last dollar into $1 Million by buying real estate in my spare time". Some of us even bought such books on an impulse with high expectations.
Regarding Real Estate On Leased Land
1.Why are there so many properties on leased land?There are several situations here.
How to Show & Sell Your California Home
Seller's Showing Instructions1. When the agent arrives with the potential buyers, have the window coverings open to let in as much sunlight as possible.
Real Estate Investing Skill Acquisition
Real estate investing is not in any list of high school electives. You can't get an accredited degree in real estate investing.
Real Estate for Beginners: Residential Property Taxes
Whenever you own a piece of land, you will be taxed for it. Whether it is commercial property or residential property, there is still a tax to pay, whether it is for a village, town, city, county, or state.
Credit Help: Buying Real Estate -- Not the Same as Buying Cars
Credit for Buying Real Estate is Different than Credit for Buying CarsForget what you've been told about credit.You may be shocked at some of these tips because this information runs contrary to what other so called experts tell you.
How to Make a Home for Sale Flyer Using Marketing Psychology
Want to sell your home right away, for the highest profit to you? Discover how to improve on the Realtor's number two sales tool--right after the sign--your sales flyer.Most real estate agents use a sales flyer template which showcases their listings using out-of-date marketing strategies.
Saving for a Home
So you want to buy a home? This is a big step for anyone, and there are many factors to consider, not the least of these is how to get the money for a home. Sure there are loans available for home purchase, but you must have cash on hand to cover expenses such as fees and closing costs that might not be able to be covered by a loan.
11 Different Ways to Participate in The New Millennium Real State Boom
Many parts of the country are going through a real estate boom. In recent reports real estate is showing double digit growth in many parts of the country.
Budgeting Your Log Home: Where Do You Start?
The Log home industry has matured these last many years, but there is still a lot of confusion about how much a log home costs. Naturally, everyone wants to know the cost of the log package; however, the budgeting only starts here.
Choosing An Estate Agent
With so many estate agencies vying for your business, choosing the right agency can be difficult. We have put together the following top ten tips to help you find and use the most appropriate estate agent to sell your house.
|home | site map|
|© 2006 TIGER MEDIA|