Reply to Is a realtor essential in a hot market?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you are the buyer in a hot market, yes you need a GOOD realtor. Especially ones that are very well connected and know enough other realtors in particular areas to know about "pocket listings" before they are listed or will get you into a unit before an open house.  I just sold in a very hot market and had an awesome realtor who managed 8 offers on the house.  He only did pre showings to realtors he knew were serious and not just on a wild goose chase with clueless clients.  he was worth every penny. And I got 40k over asking for a condo. So no complaints.  [/quote]
Your post make no sense.
You are saying your agent only showed your house to other agents ?
You sold a house or a condo ?
What make you think your house or condo would not has sold for much if it has been listed in the market ?
Your agent underpriced your place by at least 40k - you understand that if buyers are willing to put more than the asking price it has nothing to do with the realtor. They are not selling carpets here.[/quote]

My post makes sense.  I beleive a good realtor manages a lot of the BS of gawkers who just like to troll open houses, he spots weaknesses in offers, definitely stays on top of every single issue and deadline, managed all the contracting for staging the unit, had professional photos taken (and I think this does increase interest in what was otherwise a bland building). I think he added a lot of value.  My husband is a lawyer so yes we could have sold this on our own but our time is valuable and I don't want dozens of calls from random people fishing, or sitting around in an open house, or pouring through a dozen offers to find the legit 8 decent ones etc... I do think he added to the extra 40k we made and we essentially DOUBLED our investment in our hot neighborhood.    Some people have more free time to manage that much interest in a unit they are selling. I don't.  Worth every single penny.[/quote]

A lawyer's wife who is a bonafide real estate expert. Word.[/quote]

I mean they doubled their investment, b/c of their incredible business acumen. Not dump luck, oh no.[/quote]

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