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Don't send me a listing unless it's a steal! WOW now...who am I to decide what's a steal?

By Karen Monsour

Real Estate Agent with Coldwell Banker Fort Lauderdale Beach

August 30, 2009 01:43 PM

Don't send me a listing unless it's a steal! WOW now...who am I to decide what's a steal?

What is a steal? And are real estate agents the ones who should determine this?

As an active REALTOR(r), when I get a customer requesting a "steal" I hesitate.

I will send you the lowest priced properties that I can find, you choose. You decide if it is what you define as a "steal".

What determines a steal?

Well, as I'm told its probably more classified as a REO or bank owned property.

Does that mean that the customer is willing to buy this AS-IS property and take on the responsibility to fix it up?

What's a steal? What do you as an agent think of this type of request and how do you handle it?

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Joe Jackson

Keller Williams Capital Partners Realty - Columbus, OH

Clintonville and Central Ohio Real Estate Expert

If it is a "steal" I may buy it myself or send it to a loyal investor. People who have never deal with us and make this request need to get a life. DUMP THEM!

Aug 30, 2009 01:45 PM

Karen Monsour

Coldwell Banker Fort Lauderdale Beach - Fort Lauderdale, FL

REALTOR, SSRS - Sells FL Waterfront, Short Sale Expert!

Joe,

No kidding. Isn't it amazing the things people ask you to do for them? You, my customer are the one that needs to tell me if you want to make an offer on something that you, my customer...see's this as a steal of a deal

Aug 30, 2009 01:48 PM

Sharon Alters

Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL

Realtor - Homes for Sale Fleming Island FL

When people say this, I just send them the listings within what they requested and they usually drop the 'steal' language when they see what is out there. I point out any that are short sales or REOs and discuss the process with each of those choices.

Sharon

Aug 30, 2009 02:00 PM

Sharon,

I do that as well...however, when I hear that language, I cringe...

Aug 30, 2009 02:05 PM

Don't send me a listing unless it's a steal! WOW now...who am I to decide what's a steal?

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