I came across an interesting story regarding his listing.
This is what his dilemma is:
Couple of months ago, he listed a very beautiful home (I'll not disclose more details about this listing - but you may consider it as a luxury home listing!)
He was very excited about selling this home - the only drawback was, it was in a different community - different town (about 40 miles from where his office is located.)
He has done his best during these couple of months to sell this home - open houses, direct marketing mail pieces and yes, door-knocking, too, in the neighborhood - to make sure everyone knows about the home for sale in this neighborhood.
He had a great turnover at the open houses and couple of low-ball offers - as per the seller as well as him as a listing agent. This fact was verified by an independent appraiser hired to evaluate the list price.
Here comes the biggest concern from him - so far, in these couple of months, only ONE local agent has shown the home to her client. (whereas he had more than 10 guests at the open house and through his internet marketing, at least 4 direct calls - one resulted into an offer and another one ready to make an offer.)
Questions I have are:
Why is that no LOCAL agent ever showed (except one) the interest in this home?
Is it because he is an OUTSIDER?
Will you show a listing in your geographic area to your buyer?
I am in MA - and have worked in almost 50 miles radius of Boston - but never thought that listing agent has to be a local agent - though local expertise may be a big plus, it does not mean I do not show the listing just because...
Any thoughts/comments positive/negative are welcome.
Praful Thakkar
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