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Why you should use a "LOCAL" Realtor

By
Real Estate Broker/Owner with RICOASTALLIVING.COM

Warwick Cove

It never ceases to amaze me when I am perusing the Statewide MLS, as I do daily, to see how other listings have been portrayed, what is new on the market, what prices have been reduced and what has sold, that Listing Agents use information that is totally wrong.

Just this morning (which prompted the writing of this post) I see a neighborhood listed as "Longfellow".

  Now, I have been a Rhode Islander for years and I knew the address and location, but "Longfellow"?  I have never heard of a Longfellow neighborhood in Rhode Island. (And let me mention that I live right next to this neighborhood!} 

  Okay so maybe now you understand my point?  Why would you use a Listing agent to list your home that does not even know the name of your neighborhood?

Yes, I know the Listing Agent works for a well known high end Real Estate firm, but please!   This may not seem like a big thing but think about it. What else does he/she not know about your neighborhood? How could they possibly sell the benefits of living in your home, or conversely explain the good and the not so good about your neighborhood if they do not know these things? They do not even know where your neighborhood is!!

Sometimes, it really is a better idea to go with a local Realtor who actually knows the neighborhood.

I have lived in Warwick, Rhode Island for 99% of my life (with two short stints in Providence, RI). I have lived in several different neighborhoods of Warwick and am extremely familiar with the neighborhoods of Norwood, Lakewood, Bayside, Warwick Cove, Warwick Neck, Conimicut, Longmeadow, Highland Beach, Oakland Beach, Cowesett, Governor Francis and Hoxie, just to name a few!

 So, yes, I know where Longmeadow is, what it represents, the market stats in that neighborhood, its proximity to the water, what part is City owned and a lot of the history. And your home is not even in Longmeadow, it is in Bayside!

 I could also tell you that your home is overpriced, but I will wait and watch while it stagnates on the market and you finally come to the realization that you should have used a Neighborhood Realtor:)

Remember the adage, "ALL REAL ESTATE IS LOCAL"!!

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Opinions are of Karen Hurst, Broker/Owner of Stonehurst Realty only. For a free consultation, visit me at Stonehurstrealty.com and find out if this is your time to buy or sell!

Click on  to find me and decide.

If you are looking to sell, we can provide you with the latest stats for the market value of your home.

We specialize in bayside communities in all of Rhode Island

Contact me at Oceanstatehomes@gmail.com

 

 

 

 

 

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Gay E. Rosen
Julia B. Fee Sotheby's International Realty - Larchmont, NY
As Real as Real Estate Gets!

Hi Karen: I always like to give referrals for that reason.... However, there are always exceptions.. I have friends who live 30 mins away and wil only use me... BUT I will make sure I have all of the necessary info before moving forward. Best, Gay

Oct 30, 2010 04:37 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Karen....there's nothing that irritates me more than to see a listing agent from Boston on a Franklin MA property....you know they are only making one trip to Franklin and the rest is on a wing and a prayer that a Franklin agent will be selling it.....

Oct 30, 2010 05:22 AM
Jean Hanley
Coldwell Banker Kivett Teeters - Hemet, CA
Specializing in Folks Who Want To Buy/Sell Homes

Karen, don't even get me started.  I am on a tyrade about all of these REO agents who enter every zipcode on the flipping planet to get listings.

Oct 30, 2010 06:10 AM
Gerry Michaels
Glasswork Media Arts - Gettysburg, PA
GettysburgGerry Social Meida

Karen, here in Pa we don't have a statewide MLS, you can only access those systems that you are a member of, it has it's drawbacks as well....

Oct 30, 2010 06:43 AM
Karen Hurst
RICOASTALLIVING.COM - Warwick, RI
Rhode Island Waterfront!

Gay,

 I agree! If we take a listing, it is our responsibility to do the research and know everything about the neighborhood we possibly can!

Barbara,

Exactly! The listing agent is counting on a buyer agent actually selling the home!

Jean,

I know! I do REO's but I only list three cities. I know them!  If I have to do a  BPO, I know what I'm talking about, which, I think, is what the Asset Managers and Banks expect from us:)

 However, if you want to make more money.......................

Gerry,

In Rhode Island, not only do we have a statewide mls, but we have access to Massachusetts and Connecticut. (and some Forida).

 I guess there are pros and cons, but PA is probably the size of all three of these states:)

Oct 31, 2010 03:22 AM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

oh gee Karen, this is a pet peeve with me also & you see it all the time...i even had one realtor from out of area thank me for cluing her into all that was not right on her listing...not even embarrassed...great post on this subject.

Nov 02, 2010 03:02 PM
Karen Hurst
RICOASTALLIVING.COM - Warwick, RI
Rhode Island Waterfront!

Hi Ginny,

 lol, I guess that's even worse! When they don't even feel they've goofed up:)

Nov 03, 2010 11:36 AM
Kristin Moran
Owner - RE/MAX Access - KristinMoran@Remax.net - San Antonio, TX
San Antonio,TX - Real Estate - 210-313-7397

Hi Karen! thanks for your message - good luck with the buyer! I am so glad you like her, that helps! :)

Nov 06, 2010 12:40 PM
Karen Hurst
RICOASTALLIVING.COM - Warwick, RI
Rhode Island Waterfront!

David,

There's nothing wrong with "referring out" and I personally think it's the best way to do business. I hate using the Doctor analogy, but I wouldn't want to see an optometrist for my back pain!

Kristin,

Yes it helps a lot! She's very nice (and understanding) which, in this market is a top priority!

Nov 07, 2010 12:01 AM
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Karen

So absolutely true about using a local real estate agent that knows the market well.

Nov 28, 2010 09:48 AM
Karen Hurst
RICOASTALLIVING.COM - Warwick, RI
Rhode Island Waterfront!

Hi Tom, Hope you had a great Thanksgiving:) 

Nov 30, 2010 04:06 AM
Russell Lewis
Realty Austin, Austin Texas Real Estate - Austin, TX
Broker,CLHMS,GRI

Karen, we don't have a statewide MLS in Texas but it's the same here in Austin. I am of the opinion that NO ONE can do it all even in our market and I refer business within the area to agents I trust rather than "wing it" Go LOCAL!

Dec 22, 2010 12:43 AM
Karen Hurst
RICOASTALLIVING.COM - Warwick, RI
Rhode Island Waterfront!

Russell,

If you do not have a statewide MLS, then you have one for each city? Texas and RI are really worlds apart in that regard. It's hard for me to think that big, lol!! But you are right, No one can do it all and why do they even want to?

Dec 22, 2010 04:45 AM
Russell Lewis
Realty Austin, Austin Texas Real Estate - Austin, TX
Broker,CLHMS,GRI

Karen, I never thought of that but Austin and the greater area is probably close to the size of Rhode Island and if not. you are right than any area of this size and population would be impossible for an individual to cover effectively!  Thanks for getting me thing about this, I hope you and yours have a great Christmas! 

Dec 22, 2010 01:02 PM
Yolanda Hoversten
Self Employed - O'Fallon, IL
Referrals for O’Fallon, IL & the Metro East

Hello, Karen!  I have missed you!

Indeed, real estate is just like politics, it's very local.  If I have anybody looking in your neighborhood, I will definitely refer them to you.  :)

I wish you and yours a very Happy New Year in all aspect.

Dec 30, 2010 09:46 AM