Real Estate Agents are Buying Listings – But you are Paying For It?
That's right there are Real Estate Agents that will Buy Your Listing. They want to put your home on the market. But you will pay for it!
So how does this clever scheme work? Well when you go to pick a Real Estate Agent one or more of these agents will tell you everything you want to hear and more. They will tell you how they can get more for your property than you thought you could. They may try to figure out how much you expect to get for your home and tell you that is what they can do (even if it is not realistic). They may even have some half baked statistics, market data, or comps with them to justify this pricing.
Looks Like a Million!!!!!!!!!!!!!!!!!! Really?
Yes – They buy the listing by telling you that you will get all kinds of money for just letting them list your property. But do they pay?
No they do not. The person selling the property often ends up paying. How does this happen? Well after they get the listing and have it on the market under contract the offers do not come in. If they do come in they come in way under the listed (promised price). Then the listing agent, who as the poor selling locked into a contract, comes and tells the sellers the market has turned and they need to lower the price. Often to less than the could have gotten if they had listed at a good price to begin with.
After a home has set on the market for a while it becomes suspect in the eyes of the buying public. They wonder why it is not selling, when other homes are. They think something maybe wrong with it. So the seller ends up taking less or not selling at all.
So how do you avoid one of these sleaze ball operators? Well call a Realtor you can trust! And if you are not sure who to trust talk to several and take a hard look at what they say about your home value. Look for truth not wishes.
For more information on Selling Your Home in East Contra Costa County call me direct at 925-260-4321 or e-mail me direct.
By Gene Riemenschneider
#SellingyourHome #SellingYourBrentwoodHome #SellingYourAntiochHome #SellingYourSummersetHome #SellingYourOakleyHome #SellingYourDiscoveryBayHomes
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