Time is money. Commissioned salespeople know this all too well.
Today (and many times before), I showed a house to my client that they did not want to buy. There were issues, priced too high, needed work that you could not tell from the pictures, etc.
I know now I will get a call from the agent's $7.50 assistant later today asking me for feedback. Also, in the agent section of the MLS, the agent always puts "Our sellers love feedback." Isn't an agreement of sale the only feedback.
This is an agent that does a lot of business and has been around for awhile. My question is, if you're so successful, why don't you know exactly what is wrong with the property and/or the price? If you were so good, your sellers would respect your opinion, get the work done, price it based on what it will sell for and unload the house in the first week.
Instead, maybe they are interested in a long listing period so they can generate prospective buyers from open houses, advertising and the spew of name recognition placement all over.
Is this a code of ethics violation? Is he not doing his best to serve their client? Maybe, maybe not. I am not here to be judge and jury about this particular case. What I am here to do is tell listing agents that you should pay for my opinion since I am doing your job.
And, if you want my opinion, pay not only me but pay my clients. Does an interior decorator work for free? No. Does a pricing analyst on Wall Street work for free? No.
Also, make sure you let the sellers know that it was me that told you this feedback so when they finally realize that you are not selling their home, they will call me for the listing.
Well, I don't either. My expertise has a price. Pay up or give me the listing.
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