Homeowners Upset with Listing Delegation of Demised Discount Realtor

According to the Bergen Record article in the Bergen Record dated October 30, 2007, the out of business discount Realtor Foxtons is selling its New Jersey listings to Homebuilders of Rahway for $100,000.  Many homeowners are furious with the concept of having their listing transfered to a company they have not chosen.

In retrospect, homeowners need to be circumspect when choosing a Realtor to represent them.  Their choice should be based on numerous items:

1.  Track Record of Success:  How many homes has the Realtor you are interviewing Sold in the past year?

2.  Track Record of Success:  How many homes has the Real Estate Company sold in the past year?

3.  Marketing Specialization:  What is the Agent offering to have your home stand out among those homes currently on the market?

4.  What is the Realtor's standing in the Real Estate Community?  Have they achieved a specific level of success over a number of years?

5.  What is the accessibility of the Realtor to their clients?  How long will you have to wait for a return call?

6.  What is the financial stability of the Real Estate Company?  Are they there for the "long haul?"

The homeowners who listed their homes with Foxtons are unfortunately experiencing a Company who is more interested in Selling off their assets (listings) than taking care of them. 

There are many fine Realtors and Real Estate Companies to represent Homeowners.  Please spend time interviewing your options, and choose wisely.

For more information about Pascack Valley Real Estate, please visit my website, the only website you will ever need, SusanLaskinRealtor.com

Enjoy this blog?  Read some of my other blogs including "Garbage In:Garbage Out: How the Newspapers are Trashing the Real Estate Market" or "Is the Market Up or Down in the Pascack Valley?"

Susan Laskin #1 Sales Associate, 2007 YTD, 2006 & 2005, Coldwell Banker Residential Brokerage, 50 Broadway Hillsdale New Jersey 201-930-8820 ext.117, Direct Cell 201-615-5353. My Focus is on my Clients' Goals!

 

 
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4 Comments on Who is the Loser in the Pascack Valley Foxtons Former Listings; by Pascack Valley Realtor Susan Laskin

That was a risk of doing business with a discount company.  Once again you get what you pay for.

10/30/2007 10:15 PM by Vicky Poe, Realtor/Apprentice Auctioneer (Realty 1 Group)


Can the clients, under these circumstances, not get out of their listing agreements?

10/30/2007 10:16 PM by Michael O'Donnell (Long Island Business Brokerage, Inc.)


Hi Vicki,

I agree.Hopefully folks will sit up and take notice that cheap often means cheap!.

10/31/2007 06:14 PM by Susan Laskin


Hi Michael,

These clients are unfortunately stuck with their listing contract with Foxtons.  What a pity. 

Susan

10/31/2007 06:16 PM by Susan Laskin


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Real Estate Agent: Pascack Valley Real Estate, Susan Laskin (Coldwell Banker Residential Brokerage)
Pascack Valley Real Estate, Susan Laskin
River Vale, NJ
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Coldwell Banker Residential Brokerage

Office Phone: (201) 930-8820 Ext.: 117
Cell Phone: (201) 615-5353
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Pascack Valley Real Estate! Susan Laskin is the #1 Realtor in the Coldwell Banker Pascack Valley Office 2005, 2006, & 2007!


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