Why would nosey realtor say these things?
belfastbound
9 years ago
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asm198 - Zone 6a (MO)
9 years agonosoccermom
9 years agoRelated Discussions
Why would realtors try to misrepresent the market?
Comments (14)Selling anything requires creating a sense of urgency. If you ask any good sales person they are going to try to find a way to put out a message that creates a sense of urgency. The Realtors Association knows this as well and you can bet that they will jump on any message that creates a sense of urgency in buyers and try to ignore everything else that does not. Nothing hurts a buyers sense of urgency like delivering a message that the market is falling. That sends a message to buyers that its probably better to wait then jump. Lastly, if you were interested in buying a Ford Mustang GT, you wouldn't go to a ford dealership and ask a manager or sales person what the car typically sells for. You know the answer you most likely will get. Why people think that Realtors are some kind of different sales animal is amazing given the fact that the real-estate business is more production oriented then the auto sales. If Realtors don't sell anything, they don't eat. In the end, like anything, judge the source and their natural biases before you believe the message....See MoreRealtors: craziest thing you've witnessed during a showing?
Comments (27)I am an animal lover, and if I walked into a house like that with all the "trophies" I would walk right back out. I would not reward them with my money, there are other houses out there. It's one thing to hunt to put food on the table, it's an entirely different thing to hunt for the thrill of the kill. I never understood these people's mentality - they keep trophies and pictures as if they think these animals are beautiful - but their first instinct is to kill them. Then they also seem to think highly of themselves and think they're some tough guy because they were able to outwit the animal. Well duh, it's not that hard when you have a gun and the animal's instinct is to run away from you. This guy even had a tiger - aren't tigers on the endangered species list? What a jerk....See MoreWhat does number/value of listings say about a realtor?
Comments (24)Another issue popped up last night, regarding one of the realtors I interviewed. This lady gave me the lowest comp, and I had already decided not to use her. She called me a couple times since then, and she offered to give me new comps. She also said she was sure she already had a buyer for the house - it was exactly what they are looking for. Yeah right, I'm not going to fall for that one. Well, I still wanted to see what the new comps were and I was curious about the "buyer". She came over last night to the house, had a camera with her, and was snapping pictures everywhere. She wasn't waiting for me to escort her throughout the house, she was off and running the minute she got in the door. She kept saying out loud, "oh this house is perfect.....they will LOVE this.....I already told them about this house and they can't wait to see it." OK, I admit I find it interesting, but I'm still not convinced she truly has anyone. I'm very suspicious she is creating a sense of urgency so I will sign with her. Then the story got even weirder. She said she used to be a mortgage broker. She said she helped these people get a reverse mortgage on their house. They are senior citizens - in their 80s. They are relocating here from 2.5 hours away (coming from the city to settle down in a smaller town). They had a contract on another house, but the bank foreclosed on it, the owner freaked out and stripped the house of all light fixtures, plumbing fixtures and the heat pump, so that deal is done. They have all this cash from the reverse mortgage and are just itching to spend it on another house. She said she was going to show them my neighbors house, but wanted to give us first dibs. I asked her if she could show them the house BEFORE we signed, treat it sort of like a FSBO and I would giver her 4%. She was not interested in that, she wants a listing contract first. So........who else finds that story to be totally unbelievable? My wife thinks she was telling the truth, because who would fabricate such a story if it wasn't actually true? My biggest problem with the story is who gets a reverse mortgage only to use that money to go buy ANOTHER house? Is that even legal in the first place? Secondly......if they want another house so bad, why would they wait around for mine when there are plenty of others that are actually on the market? Another thing she kept doing that I found annoying....she must have asked me 5 times what my rock bottom price is. She kept suggesting whatever it is, thats where I should price it. I would never tell her, b/c its none of her business, especially since we haven't signed yet. And no way would I ever price a house at rock bottom, knowing full well that I will not be getting full price offers. After I refused to give her my lowest price, then she started doing what I thought was a "trick" to figure out on her own what it might be. She started saying, "So if your lowest price is say....$270, then you should start there......or if your lowest is $250 you should start there...." To me it felt like she was fishing and she was studying my facial expressions whenever she hit the right number. Once I figured that out I broke eye contact and showed no emotion. I'm pretty sure thats what she was doing. Anyway, I'm sure I should stay away from this lady. I just wanted to know what you guys think, and if my gut feelings here are correct....See MoreWhy would realtor keep listings off Zillow and Trulia?
Comments (36)I'm in the process of buying my first home, and true, when I first started looking I browsed Zillow and Trulia, but quickly realized they're NOT the best source of info on houses. My realtor linked me to a private client site which updated with every single MLS that fit my criteria, and out of the search sites only Realtor had accurate information on the houses. Often listings on Zillow and Trulia are long gone and sold, and in the case of the house we're about to close on, it shows as off market on both sites. I even saw a listing to an amazing house at an amazing price and; as we usually did while house hunting, we sometimes drove by the house to see if it was worth it getting my Realtor to schedule a showing, or if the neighborhood was not something we even wanted to consider; when we drove by it the house did not even exist at that address....See Morelyfia
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9 years agoasm198 - Zone 6a (MO)
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