Reply to I can’t believe we killed the travel agent industry but kept realtors.

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Reply to "I can’t believe we killed the travel agent industry but kept realtors."

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[quote=Anonymous]My mom did what PP did.  She is a small business owner and decided that she would rather study and get the license to sell her own house.

She ended up selling her house for above list and decided to quit, never in real estate again.  She said the whole thing was a total scam.  There's really nothing you can do to raise the price of the house you know that right, everyone?  If you live in a crappy house and neighborhood, even if your realtor could sell ice to an eskimo, it's going for a specific number and that's it.  No amount of staging is going to fix a house that sucks and in the wrong location.

The whole thing is about pricing the list right.  You can't price it too high nor low but most realtors, they want to make their records look good, so they will price it market, not taking into consideration much else.  The savvy realtor will recognize if a house is special enough to be able to get more for it.  Staging is important.  But it's not a hard thing.  It's a matter of experience and street smarts really. The harder part is getting the listing from someone of course but it's not the actual transaction of it.  My mom thought the whole thing was so idiotic because it is what it is.  You can't change up a house to what it isn't, a lot of it is location and set up on the front end on where you can go with it.

I fired 3 realtors and finally sold my own house using a realtor who I made listen to me, listing it as a 3BR (the way sold to us), not 2BR (because the 3rd BR did not have a closet).  If they didn't do what I said, I wouldn't use them.  Ultimately, we sold our house over list in a bidding war at the price I set within 1 week of list!  In fact, the sales price matched the exact number I said our house would sell for.

The other 3 realtors did the market numbers and insisted our house was too small to be listed so high.  I said - OK you know the street we live on is gold right?  The street is worth money on its own, never mind though small, our house shows 50x better than most large houses.  I was right and I am not a realtor but I am in sales :) I sell people as a recruiter -- MUCH MUCH harder LOL![/quote]

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