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People That DON'T Know More About Local Real Estate Than Your REALTOR®!

Reblogger Susan Mangigian
Real Estate Sales Representative with RE/MAX Preferred RS152252A

Bill and Liz Spear, two great Realtors in Lebanon and Mason Ohio wrote this great piece.   It's a great list of people that DO NOT KNOW more about local real estate than the very real estate agent you hired to help you buy or sell a home.   It will make you smile but it's also very accurate.  

Original content by Liz and Bill Spear SAL.2002007747

CrowdsPeople That DON'T Know More About Local Real Estate Than Your REALTOR®!

So you're buying or selling a Warren County home?  Then stand by for LOTS of unsolicited advice!  As soon as you mention that you're involved in this huge endeavor, you're going to get lots of "help"!  MOST of those sources of advice may just be steering you down the wrong path and not even realizing it.

Here's a partial list of people that shouldn't know more about LOCAL real estate than your trusted REALTOR®:

  • The national media.  They don't know JACK about our local market.  They care about New York, Vegas, California, etc. and not an iota about our market.  Thousands of miles away, and about as relevant as the back side of the moon.  And the generic advice from those "money" magazines about offering 80% of list price?  Fine if you don't REALLY want to buy that home!
  • The local media.  Honestly, they don't know much about the local market either.  They'll either take a few anecdotal instances and turn it into a major doom and gloom story, or they're repeating stats provided from our local board.  And here's the thing, the greater Cincinnati area is composed of MANY markets.  Mt. Adams, Mt. Lookout, Maineville, Morrow and Mason are ALL different.
  • Your neighbor.  Herb knows a LOT (or maybe he just thinks he does), but what he probably doesn't have a handle on is the latest real estate trends.  He knows what the guy down the street SAID he got for his home (and that info just might not be accurate).  But what he's not going to understand is why one home got $250,000 and another got $200,000 when they look the same on the outside!  That's just one more reason why you need a REALTOR®.
  • Your co-worker.  They last bought a home in 2005.  They mean well, but the real estate market changes FAST.
  • Your mom and dad.  They know a LOT, and we know they have your best interests at heart, but what they aren't current on is local real estate markets.  How long since they last bought or sold a home?  When they start with the "it's a buyer's marker, offer 70%" they're killing your chance of getting that home.
  • Your great-aunt Ethel who was an agent....in 1975....in FLORIDA!  Like we said, real estate changes A LOT, and it's LOCAL.  A Texas license, a Florida license...even someone who is active in Columbus or Cleveland might not be able to give you the best advice on what's happening in OUR local market.

So when you get advice and it's got you thinking, TALK to your REALTOR® about it if you have a concern.  Don't let it fester and don't let them convince you that your REALTOR® isn't doing their job without at least Bullseeking to clarify.  And if you can't have that conversation with your REALTOR®?  Well maybe you don't have the right REALTOR® after all.  Communication skills are an important part of what we do.

As Warren County REALTORS®, we're tuned in to the differences in OUR local markets.  Mason to Springboro, Franklin to Morrow, we've successfully helped people buy and sell.  We track the activity in each market and analyze to make sure YOU are getting the best professional advice we can provide, tailored to YOUR needs!  So if you're thinking of buying or selling a Warren County area home, we'd appreciate the opportunity to help you!

Serving Warren County's residential real estate needs,

Liz and Bill aka BLiz

The Liz Spear Team
Elizabeth & William Spear
RE/MAX Elite:  Ask for us by name if you visit the office!
Two locations: Lebanon & Mason, OH
Office direct: 513-248-3660
  Liz direct:  513-265-3004
Bill direct: 513-520-5305 Fax: 866-302-8418
      EHO

MailTo: Liz@LizSpear.com  Our Website: Warren County Ohio Homes

 

 

 

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Posted by

Susan C. Mangigian

re/max preferred
117 Campus Blvd, Suite 155, Newtown Square, PA 19073

610-719-1700 main office, 610-299-6237 cell 

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Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Susan, Thanks for the reblog!  The advice givers in our area live in Pennsylvania too! :)  People need to put some faith in who they hired.

Dec 12, 2011 07:14 AM
Susan Mangigian
RE/MAX Preferred - West Chester, PA
Chester & Delaware County Homes, Delaware and Ches

I really loved this Bill!  Congrats on yet another feature!

Dec 12, 2011 09:17 AM