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The Realtor® Rights of Passage-A Fun Look at Rookie Stuff
We've all done it...and if you haven't, then I would consider you a prodigy Realtor®...
but for the rest of us...there are some Realtor® rights of passage I think we must go through to learn. No matter how many times seasoned Realtors® tell us NOT to do some of these things, we still rush headlong into some of these Rookie mistakes. So, for a blast from the past, to perhaps help the newbies and hopefully keep them from making the same errors in judgement and just to have some fun, let's revisit some of the good times that wasted gas, time and caused no end to frustrations and most importantly, made our wallets a bit lighter.
The Pop Tart Agent...
This agent will show homes to anyone who calls at any time of the day. It doesn't matter where they are and if they need to drive 50 miles..they are dedicated to their craft and you can't sell em a home if you don't show it to them. They of course ask the questions they are supposed to. Are you working with another agent? Are you prequalified through a lender. Not yet, but as soon as we find out what we want, we will go to the bank.
Terrific...they show the house, but they are
Not quite ready yet.
Kind of working with someone right now, but they are on vacation.
Just wanted to see some pretty houses
Are between jobs right now and are looking to the future
Worked at Wendy's for the past 2 years...good employment history and being a good renter should get them into a home right?
It's All About Trust
Buyer doesn't want to sign the buyer's rep and you don't want to offend the buyer by making them sign an agreement to work with you exclusively. After all, they will sign one later. It's all about trust, right? They trust me and I trust them....ahhh trust. You spend a month or two (God forbid three), searching high and low for the perfect home for them. Every time you see something for them, you jot it down. You have visited hundreds of homes (I hope I am exaggerating here) and none was just right. That's ok, you'll find it for them.
Then one day, you don't hear from them anymore...they just sort of disappear.You call, leave messages, send e-mails...and nada. You feel like some kind of stalker...they just drop off your radar..gone..
You get a phone call...EUREKA, they have found the one by just going to an open house.They have signed a contract with the listing agent who promised to let you know....
they visited a new home subdivision and FOUND the one! The salesman was oh so nice and they are so happy....Thanks for all of your help....
The We Will Try Lister
This is for newer listing agents. You are so excited going to your first listing appointment. You have prepared. You have the CMA and are armed to the teeth with your presentation about how you are the best of the bestest listing agent ever. Never listed a home before, but mentors just tell you to use the office stats and smile real big...you can do this.
It works, they love you, on to the pricing...all your info says price it at this, but they want to price higher...like waaay higher. You don't want to lose the listing so you say, We will try it for a while. The seller smiles cat like. They got their way. You market like you mean it, pictures, flyers, blogging...everything and zero showings. Nothing. Sellers call you. What's the problem? How come no one is looking at my house? Well says you, it's priced a bit high. Let's drop the price. No, you need to market more says the seller...
So you do, you market harder telling lots more people it's overpriced.
Months and a few hundred marketing dollars later...they decide they want to rent
your listing expires and they go with a new agent who lists it at the price you said in the first place...SOLD!
Ahh, Realtor® rights of passage. Many mentors and other Realtors® will try to disuade the above practices. They will warn you and try to keep you from making the same mistakes. However, newer agents are a lot like teenagers...they just don't BELIEVE you. It WILL be DIFFERENT for them. Well, Life will teach you what your Mama didn't......and the above buyers and sellers...well they will teach you what Real Estate School didn't...
Anyone else got any Realtor® rights of passage they want to share :)? Happy Sunday!
Selling a San Antonio Texas area home involves many steps and having an experienced San Antonio Texas Real Estate Agent by your side will make the transaction run a lot smoother. I would love to be your San Antonio Texas Area Real Estate Professional! I assist both buyers and sellers in the San AntonioTexasarea with either the purchase and or sale of residential real estate.
As an Accredited Buyer’s Agent, I have received special training to guide and educate you through the entire home buying process. From start to finish, I listen to your needs and desires in what you would like and take the information you give me to find you home.
As your San Antonio Texas listing agent I am well versed on the local San Antonio Texas area Real Estate Market. You can expect personalized service that includes a detailed consultation on how to best position your home to be competitive in today’s market with an in depth comparative market analysis, and advice on staging. I use the latest and most up-to-date marketing methods to get your home in front of as many buyers as possible. Being your San Antonio Texas area Realtor® not only involves just finding the home or selling the home, but being your guide, negotiator, advisor and advocate and making sure that your needs and goals are met. Being your San Antonio Texas area Realtor® is one of my truest passions, and “Helping You Find Home” is my number one priority.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.