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Another Upside to the Downside !!

By
Real Estate Agent with RETIRED 200305001

As I was writing a response to another featured post this morning by Tish Lloyd on "I don't wanna show let you show my house". I realized there is another upside to the downside of this poor economy!

I don't show homes that are rented out and I don't take listings of homes that are currently rented . It has never in 8 years worked into a sale for me. The renters either don't confirm its o.k. to show or they leave it a mess. Dirty dishes, toilet lids up and poop in one and bad smells in the house. Why? Because they don't want to move again and there is nothing in the sale for them but hassle.

The upside to the down side is, we have a glut of homes on the market an can find  others that won't have the showing hassles. Your Thoughts?

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Rob Shepherd -  ABR, GRI, REALTORS® for Florence Oregon Real Estate
Expert in helping those buy or sell Florence Oregon property and retire in Oregon. Call me anytime or visit my website for local listings and information on Florence Oregon.
Email: mr.listit@gmail.com 541-991-0607

Charlie Dresen
The Group, Inc - Steamboat Springs, CO
Steamboat Springs, CO e-Pro

Rob,

 

I agree and disagree. Like a home marketed with no photos, or one bad photo, and the sellers wonders why the home does not sell, a "hassle to show home" means opportunity for a deal.  It's a proven phenomenon. Well marketed homes sell for more and faster. Poorly marketed homes sell for less and slower. So, embrace the hassle and get your client a deal. 

side note - my current passion are the late 50's as well. 

 

Charlie

Apr 08, 2011 02:59 AM
Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

Rob - Tenants often add another layer to the showing process.  My rule is I will make two calls to arrange it, but not the third. 

I advise seller to wait until the tenant moves out, then prepare the property for sale with fresh paint, a thorough cleaning and whatever other pre-listing prep is needed.  It is a rare tenant that will keep a property in "show" condition day after day.

Apr 08, 2011 03:03 AM
Rob D. Shepherd
RETIRED - Florence, OR
RETIRED

Charlie: Thanks for your comments!

Norma: Your advice to sellers is right on, however most balk at any extra effort.

Apr 08, 2011 03:47 AM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

I only take them if they are short sales. I figure I already have a mess of trouble going on anyway, it just is another thing to bargain with when it comes to the bank. Asking if they want a renter when they foreclose.

Apr 08, 2011 06:51 PM
Not a real person
San Diego, CA

I haven’t heard of any specific problems here, mainly, I think, because the MLS says that it is owner occupied, vacant, or tenant occupied, so those going to look at a tenant occupied property usually understand that tenants don’t take care of properties like owners do. Heck, sometimes even owners don’t take care of their own properties!

Apr 09, 2011 03:17 PM