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I am sorry, are you listed with me?

By
Managing Real Estate Broker with Flexit Realty "Flexible Home Selling Solutions"

Just another open house, or so I thought.

I advertised my open house 3 days preceding the actual open house with three different ads displaying the date, time and directions with contact information and a slightly different spin on the property.  I also placed a cable ad with the open house information and a 3 photo display of the property.  In addition I noted on the MLS the open house dates and on my web site as well.  I placed the direction signs and open house information on the key cross streets and main streets directing passersby to the property.  I do this several hours early to attract those that attend church at the later service and drive by the area.  I also have a prominent ad in the Sunday newspaper in the key section for the property.

I waited to put the open house sign in front of the property but I do have a sign identifying the property with open today sign noting the times.

I showed up early to place my open house sign out and turn the lights on and ready the home for the open house, my normal routine.  The next door neighbor comes across the yard to greet me.  She says, "how come you did not tell me your were going to hold an open house today"?  I am sorry I didn't think it was important for me to notify you of my open house schedule.  Would you like to be notified?  "Yes", she responded.

angry woman   Here is the rub with this situation.  The neighbor is selling her property as a FSBO and wants to piggy back off my advertising dollars.  Now she knows me and has discussed listing with me BUT never quite lets it happen.  Now I could have responded in a completely different way but she is trying to sell and she also is doing it on a limited budget and thinks she can do it.  So......

I tell the neighbor, "I am sorry, are you listed with me"?  You see I sell properties I represent first.  These people are paying me to sell their property.  I also represent buyers...I took the time and previewed your home already.  If I have a buyer that expresses interest in a home like yours I will contact you.  I wished I had time to represent everyone that needs help for free but you know that is not practical.  I doubt you would accept a Realtor that stopped by and said....I'll sell your home for free......we both know services are worth what you pay for them.

I point out to the FSBO neighbor some of my marketing efforts.  If you happened to notice I placed ads on cable, newspaper, Internet, magazines, direct mail and emailed buyer agents as well.  Representation is worth what you pay for it.  You have chosen to represent yourself and I have given you tips and respect your decision.  I hope it works out for you.  Please do not be angry with my clients who have selected the alternative of professional representation.  I just represent clients that hire me....so do not expect me to contact you with my open house advertising schedule.  I am busy representing people that hire me.  Have a nice day!

I went into my open house listing to get it ready.

I had about 8 couples show up for the open house.  None went next door.  She put her sign out and sat on the front porch....staring at every prospect as they came and went. 

At the end of the open house the FSBO neighbor came over and said...."looks like you had a few people stop by today, any buyers"?  My response, "they were all buyers or they would not have stopped by...I have one couple to follow-up with on Monday.  How did your open house go"?  She said, "they looked and never came in".  I felt sorry for her.  New agents have this happen too if they do not do what it takes to attract buyers.

Then out of the blue.....she says,"can we make an appointment?  I think it is time for me to list my home". 

smiling lady   We have made an appointment for Tuesday.  We'll see if the third time is the charm!Maybe I can put a smile back on her face. 

How do you handled FSBO's that want to piggyback off your advertising?

Scott Daniels Florida Real Estate 2.0. Agents Earn 100% Commission.
Florida List For Less Realty, Inc. Broker/Owner. - Cooper City, FL

GW,

Yep! The FSBO always believe our job is to work for them Pro Bono. I`ve had them ask me to sell their home for free as well.. After all why should we be compensated for our marketing etc?

Sep 23, 2007 11:47 PM
Linda Futral
Newnan, GA
Great story!  I have not had this happen to me personally but will store the info for a further date if it does.
Sep 23, 2007 11:47 PM
Keith Perry
Coldwell Banker - Hiram, GA
REALTOR - West Metro Atlanta
Gary ..good for you in getting the appointment. You obviously have proved your value to the seller, great job.
Sep 23, 2007 11:49 PM
Missy Caulk
Missy Caulk TEAM - Ann Arbor, MI
Savvy Realtor - Ann Arbor Real Estate
Gary, a great success story. I love the way you handled it. I see it happen all the time FSBO's piggy backing off our listings. It would be an interesting stat to follow, if any of them sell that way.
Sep 23, 2007 11:49 PM
Donna Yates
BHGRE - Metro Brokers - Blue Ridge, GA
Blue Ridge Mountains
Gary:  Sounded like you handled yourself very diplomatically.  I really liked your response saying "they are all buyers".  I hope the lady will have the good sense to list with you this time.  I haven't had a FSBO try to piggyback off of my advertising that I am aware of.  It hadn't occurred to me before but is something to think about.  When will people learn that you get what you pay for!
Sep 23, 2007 11:53 PM
» Bill Burress Nationwide Mortgage Originator
» Bill Burress Nationwide Mortgage Originator - Fort Myers, FL

Gary:

Seeing is believing.  She saw the prospects going to your open house from your marketing efforts and I think she is sold.

Sep 23, 2007 11:59 PM
Charlie Ragonesi
AllMountainRealty.com - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros
When I sold my own home suddenly a fsbo sign came out from next door. But as mine sold in 3 days they were too late!
Sep 24, 2007 12:00 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
Congratulations. There are fsbos who do not even advertise, They just put up a sale sign and piggy backinging is common . Serious buyers work with agents and do not go to fsbos. Good luck
Sep 24, 2007 12:09 AM
Heather the Realtor Orlando, Lake Mary
LemonTree Realty - Orlando, FL
First Time Home Buyers, Bank Owned Homes
Great blog I really enjoyed this. Im surprised she didnt run after the prospects to come into her house. So many times I have had this happen to me. What would you say is your best investment when it comes to drawing traffic to your open houses?
Sep 24, 2007 12:17 AM
Sherri Elliott
INTEGRITY TEAM - eXp Realty, LLC - Flower Mound, TX
GReat job. Hopefully she will not be a stubborn seller! FSBOS think they are saving money, but when it comes to negotiating the deal, buyers usually get an agent!
Sep 24, 2007 12:22 AM
Brad Snyder
Sierra Vista Realty - Sierra Vista, AZ
Great post and five stars for you. I hear these kinds of stories and they always give me a chuckle.
Sep 24, 2007 01:40 AM
Charles Pecka
Keller Williams Realty - Clarksville, TN
CRS, ABR

Wow, I have just added this to my Playbook and class room lesson plans!

"Representation is worth what you pay for it.  You have chosen to represent yourself and I have given you tips and respect your decision.  I hope it works out for you.  Please do not be angry with my clients who have selected the alternative of professional representation.  I just represent clients that hire me....so do not expect me to contact you with my open house advertising schedule.  I am busy representing people that hire me." - Gary White, Broker, Grand Rapids, MI.

With your permission Gary, of course

Sep 24, 2007 01:52 AM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer
I would say:  here are my systems you can follow (make it simple like a list so they have to figure it out) so you can hold an effective open house.  Put the approximate costs and time involved on that list.  You will get hired :)
Sep 24, 2007 03:53 AM
Suzanne Sands
Pavao Real Estate - Somerset, MA
Somerset MA Real Estate

Hi Gary,

I love the way you handled the situation, looks like see saw a pro in action! Best of luck with your appointment...sounds like shes ready! :)

Sep 24, 2007 04:34 AM
Natalie Langford
Realty Negotiations - Winchester, VA
Winchester, VA Real Estate
What great material!  I am amazed at how daring people can be.  Thank  you for taking the time to share!  Good luck on Tuesday.
Sep 24, 2007 06:00 AM
Birmingham Alabama Real Estate, Stephen Wolfe
LivingInBirmingham.com - Birmingham, AL
Gary, I was thinking my goodness the nerve.... but the ending took that away. I am glad it worked out. It is amazing how many people want our services for free. You obviously showed you were worth it and had the right attitude to go with it.
Sep 24, 2007 07:59 AM
Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375
Flexit Realty "Flexible Home Selling Solutions" - Grand Rapids, MI
Real Estate Services You can Trust!
Thanks for your comment Linda.  I was surprised she came over to discuss the open house issue.  I had told her before I work for people that hire me.  This time with limited no activity from my advertising and marketing she was more frustrated than normal.  I'll post an update after our listing meeting.  Thanks again for the comment Linda.
Sep 24, 2007 02:27 PM
Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375
Flexit Realty "Flexible Home Selling Solutions" - Grand Rapids, MI
Real Estate Services You can Trust!
Hi Kris, it is surprising how people respond to issues when selling homes.  Some times we make our jobs look so easy because of our experience and training people think anyone can do it, until they try.  Thanks for the comments Kris.
Sep 24, 2007 10:50 PM
Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375
Flexit Realty "Flexible Home Selling Solutions" - Grand Rapids, MI
Real Estate Services You can Trust!
Hi Scott, I do not know how anyone can think that our efforts do not cost to achieve results.  We put money into marketing, printing, signs, autos, computers, and education to name a few then we dress up and go out and do it all over again......thanks for your comments Scott.
Sep 24, 2007 10:54 PM
Edith " Edi " Davenport
Coldwell Banker, Conroy, Marable & Holleman - Clarksville, TN
Your Realtor For Life
great story, love the way you handled that
Sep 27, 2007 03:03 AM