The 2 sides to this … The 2 sides to this argument are like fire and ice. Buyers in this market, especially here in AZ, WILL NOT BELIEVE their home is valued so low when they have put so much into it. They don’t realize that with so many distressed properties in their neighborhood, the appraiser doesn’t have much choice and must use those dirt cheap houses as their comps in the appraisal. In 10 years I have NEVER met a realtor like the one pitched here. You are thinking car salesperson, so that is the mortgage biz!
This is bull****, … This is bull****, most of the things mentioned are illegal for a realtor to do.
1. All offers must be presented promptly
2. Most owners believe “their home” is magically worth more than comparable homes- it is the agent’s job to bring them back to reality.
3. Over priced homes don’t sell or don’t sell for that price. They languish on the market, become stale, and then sell for less than they would have brought 6 months earlier.
4. 80% of buyers start their search on the internet,
Good video…. it … Good video…. it makes brokers seam like cons though. I haven’t met any brokers that would do unprofessional things like that and a brokers license can easily be taken from FREC.
why would brokers/ … why would brokers/agents risk their license over lousy scheme just to make a sale…!? they’re their to HELP you, might as well work with them instead of treating them like cons..
My Realtor is not … My Realtor is not like this! He is bound by law and follows it. This video give Realtors a bad name. The advice given is inaccurate and dangerous. Realtor provide a crucial role in the transaction and actually limit liability for the consumer.
My recommendation when choosing a real estate agent is to follow you instincts. Select someone you feel you can trust.
With regards to leaving your house on the market for longer is very misguided to say the least.
So now every broker is a con out for a buck. Perhaps before my time but I dont know of one that can stay in business now adays. Trust me Realtors are simply an agent of you. An extension of your wants and desires put into action with the knowhow of how to get it done, correctly, the first time.
This video is … This video is entertaining, and has some good information mixed in with the general sensational doo doo. Basically it paints brokers as con-men and women which isn’t true. Many are just lazy and part of an antiquated system.
Let’s break it down. The price hold out advice is crap. What you think your home is worth doesn’t mean anything, it’s what the market for your home is.
You can sell your self, but prepare for a pain in the ass.
They are called … They are called professionals for a reason. The right agent can make all the difference, and perform many services that the average person cannot do for themselves.
It does’nt take … It does’nt take brain surgery to sell your home. The only downfall is posting on MLS and dealing with realtors harassing you to change you mind. A wealthy person would just feel not to be burden by the whole transaction . Not because potential of lawsuits. No I would’nt cut my own hair. Since there is no realestate market at the time realtors are already cutting my hair and pouring me a beer. That’s their true qualifications.
do you cut your own … do you cut your own hair too? would you go bargain hunting for a potential surgery? yet when it comes to selling a house, all the experts with no experience come out. have you ever noticed a wealthy person with a FSBO sign in front of their house? it’s not because they can afford a commission it’s because their way of thinking is that there are specialists in areas they don’t know enough about. just the paperwork alone can get you in a big fat lawsuit doing it yourself. good luck!!!
Nice video. Another … Nice video. Another piece of advice: go with a broker you know and trust. We did – we knew her long through our community and local journalistic work (for years) before we hired her. She made no bones about telling us the truth. We bought, and were happy (and happy to help her out with a commission even though she was working outside her normal area).
Thank you for being … Thank you for being professional.
I was sadden to see the negative in this ad. You had the most logical comeback. I respect that.
If this video was … If this video was added in 2005 then I’d say there was more validity to the presented points. Currently its takes a lot of work to get a home sold. In most markets the time on market is 10 months. Comps are what properties sold for in the last six months however in some markets prices have come down 10 – 15% in the same time. Overpricing your home so it stays on the market longer probably guarantees that your home won’t sell at all. This video is no appropriate in most markets in 2009.
Wow! That makes … Wow! That makes true professionals look bad. Step 1 It’s true one should do their homework…however agents don’t set the price…the market does. Step 2. Agents don’t keep their home on the market longer….they know that will only yield a lower price in the long run. Step 4. An agent is legally required to “present all offers” Step 7. This can be done…but usually yields lower prices, more frustration, and increased need for dispute resolution.
Some real estate brokers have a lot of tricks up their sleeves. Learn to beat them at their own game.
November 8th, 2009 at 6:33 am
You have some good …
You have some good points but not all brokers are alike.
November 8th, 2009 at 6:33 am
The 2 sides to this …
The 2 sides to this argument are like fire and ice. Buyers in this market, especially here in AZ, WILL NOT BELIEVE their home is valued so low when they have put so much into it. They don’t realize that with so many distressed properties in their neighborhood, the appraiser doesn’t have much choice and must use those dirt cheap houses as their comps in the appraisal. In 10 years I have NEVER met a realtor like the one pitched here. You are thinking car salesperson, so that is the mortgage biz!
November 8th, 2009 at 6:33 am
good advice this …
good advice this bull crap most of us believe in ethics
November 8th, 2009 at 6:33 am
This is bull****, …
This is bull****, most of the things mentioned are illegal for a realtor to do.
1. All offers must be presented promptly
2. Most owners believe “their home” is magically worth more than comparable homes- it is the agent’s job to bring them back to reality.
3. Over priced homes don’t sell or don’t sell for that price. They languish on the market, become stale, and then sell for less than they would have brought 6 months earlier.
4. 80% of buyers start their search on the internet,
November 8th, 2009 at 6:33 am
Good video…. it …
Good video…. it makes brokers seam like cons though. I haven’t met any brokers that would do unprofessional things like that and a brokers license can easily be taken from FREC.
November 8th, 2009 at 6:33 am
why would brokers/ …
why would brokers/agents risk their license over lousy scheme just to make a sale…!? they’re their to HELP you, might as well work with them instead of treating them like cons..
November 8th, 2009 at 6:33 am
What load of C_AP.
What load of C_AP.
November 8th, 2009 at 6:33 am
My Realtor is not …
My Realtor is not like this! He is bound by law and follows it. This video give Realtors a bad name. The advice given is inaccurate and dangerous. Realtor provide a crucial role in the transaction and actually limit liability for the consumer.
My recommendation when choosing a real estate agent is to follow you instincts. Select someone you feel you can trust.
With regards to leaving your house on the market for longer is very misguided to say the least.
November 8th, 2009 at 6:33 am
Wow this video is …
Wow this video is ridiculous.
So now every broker is a con out for a buck. Perhaps before my time but I dont know of one that can stay in business now adays. Trust me Realtors are simply an agent of you. An extension of your wants and desires put into action with the knowhow of how to get it done, correctly, the first time.
November 8th, 2009 at 6:33 am
You’re a joke …
You’re a joke Beingreal40. Tell me how anything mentioned in this video leads to destroying lives.
November 8th, 2009 at 6:33 am
This video is …
This video is entertaining, and has some good information mixed in with the general sensational doo doo. Basically it paints brokers as con-men and women which isn’t true. Many are just lazy and part of an antiquated system.
Let’s break it down. The price hold out advice is crap. What you think your home is worth doesn’t mean anything, it’s what the market for your home is.
You can sell your self, but prepare for a pain in the ass.
All other points are somewhat valid. enjoy.
November 8th, 2009 at 6:33 am
And those …
And those can destroy lives faster than they are put togehter.
November 8th, 2009 at 6:33 am
They are called …
They are called professionals for a reason. The right agent can make all the difference, and perform many services that the average person cannot do for themselves.
November 8th, 2009 at 6:33 am
some brokers are …
some brokers are reallllly unethical… believe me.
November 8th, 2009 at 6:33 am
is this a parody? …
is this a parody? Too funny!
November 8th, 2009 at 6:33 am
Thank You. That’s …
Thank You. That’s the kind of attitude you can expect from a realtor.
November 8th, 2009 at 6:33 am
go roll yourself a …
go roll yourself a fatty and keep fearing all professionals!
November 8th, 2009 at 6:33 am
It does’nt take …
It does’nt take brain surgery to sell your home. The only downfall is posting on MLS and dealing with realtors harassing you to change you mind. A wealthy person would just feel not to be burden by the whole transaction . Not because potential of lawsuits. No I would’nt cut my own hair. Since there is no realestate market at the time realtors are already cutting my hair and pouring me a beer. That’s their true qualifications.
November 8th, 2009 at 6:33 am
do you cut your own …
do you cut your own hair too? would you go bargain hunting for a potential surgery? yet when it comes to selling a house, all the experts with no experience come out. have you ever noticed a wealthy person with a FSBO sign in front of their house? it’s not because they can afford a commission it’s because their way of thinking is that there are specialists in areas they don’t know enough about. just the paperwork alone can get you in a big fat lawsuit doing it yourself. good luck!!!
November 8th, 2009 at 6:33 am
Nice video. Another …
Nice video. Another piece of advice: go with a broker you know and trust. We did – we knew her long through our community and local journalistic work (for years) before we hired her. She made no bones about telling us the truth. We bought, and were happy (and happy to help her out with a commission even though she was working outside her normal area).
November 8th, 2009 at 6:33 am
Thank you for being …
Thank you for being professional.
I was sadden to see the negative in this ad. You had the most logical comeback. I respect that.
November 8th, 2009 at 6:33 am
Yes agents and …
Yes agents and lenders are going to attack my comment.
Agents wont lower their commision. They’ll say their broker wont allow them.
It’s way better to have your bank reject your loan than dealing with a broker that will seek out any program just make them money.
Real estate agents justify there hard work between Oprah commercials.
Lenders justify there hard work between long lunches.
There’s nothing they can do that you can’t!
It’s your money. It’s your life. It’s your note!
November 8th, 2009 at 6:33 am
If this video was …
If this video was added in 2005 then I’d say there was more validity to the presented points. Currently its takes a lot of work to get a home sold. In most markets the time on market is 10 months. Comps are what properties sold for in the last six months however in some markets prices have come down 10 – 15% in the same time. Overpricing your home so it stays on the market longer probably guarantees that your home won’t sell at all. This video is no appropriate in most markets in 2009.
November 8th, 2009 at 6:33 am
Hahaha, he looks …
Hahaha, he looks SOOOOOO skeptical the whole time.
November 8th, 2009 at 6:33 am
Wow! That makes …
Wow! That makes true professionals look bad. Step 1 It’s true one should do their homework…however agents don’t set the price…the market does. Step 2. Agents don’t keep their home on the market longer….they know that will only yield a lower price in the long run. Step 4. An agent is legally required to “present all offers” Step 7. This can be done…but usually yields lower prices, more frustration, and increased need for dispute resolution.