Day 6 - The Problem with Agents

By
Real Estate Agent with Complete Home LLC

Day 6 - Friday March 9, 2007

It seems the agent I am in negotiations with thinks we are bluffing but we are not.  I explained to her that my client doesn't have any more money and he is already going to be writing a check at settlement for more than he has.  She asked me if I could prove it.  I said sure I can prove it.  Don't accept our counter offer and watch us walk away from the deal.  Sure enough, this afternoon she responded to our counter with a request for $2500 more.  I tried to explain to her that we just don't have the money.  Her advice was to get a personal line of credit from the bank for the difference.  I suggested that if her client couldn't pay and additional 37 cents per day for the condo, then maybe he is buying too much house.  She didn't like that.  I'd hate to blow the deal up over $2500 but sometimes it happens.  Fortunately, our market has showed signs of firming up so I think we can get another contract fairly soon if this doesn't work out.

1:30 - 3:00  Previewing

I hate previewing because it is so time consuming.  But because of the complete lack of reliable information online, I have to do it so that I can know what the inventory is like, what condition the houses are in and what the trends are.  This afternoon I went through 12 houses in a section called Belmont Greene.  I have a listing appointment there this afternoon so I want to have a good idea of the comparables.  I sold 5 homes in this area last year but haven't had a good look at the properties here in 3 or 4 months.

3:00 - 4:00  Listing Appointment

I had a very good appointment with a gentleman looking to sell his small single family home.  He home was very clean and he was very organized.  He had type written his questions on a piece of paper and was working down the list asking me each one.  He also had an article titled "Questions to Ask yourAgent".  We went down the list and answered those questions too.  He never asked about the value of the house.  He just wanted to make sure that he used the right agent. 

4:00 - 6:00  Floor Shift

Friday shifts are usually good for getting new clients but this shift was very quiet.  I had to tell one client he has termites and a major plumbing problem.  He wasn't too happy.  I also tried to come up with a way to get this condo sold but right now I think we need to just sleep on it and see if we can find a solution tomorrow. 

Home by 6:05.  I live right down the street.

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Karen Hurst
STONEHURSTREALTY.COM - Warwick, RI
Rhode Island Waterfront!

Very smart man not asking about the value of the house, but wanting to make sure he used the right agent.

If everyone felt this way, (using the right agent), they would get the best value for their home!

Mar 12, 2007 10:15 AM #1
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Rainer
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Tony Arko

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