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Comparing Apples....and Avocados....Or Something Like That

By
Real Estate Agent with EXP Realty 414-525-0563 57026-90 Broker

   We are often asked to review a listing that another agent has ...sometimes due to our divorce niche and soPurple envelopemetimes because one of our purple envelope loyal and wonderful business or client sphere members has suggested that we offer a second opinion to a friend or neighbor who is trying to sell their house without success. 

    We begin by "assuming " nothing...that the present listing has is correct....we start from scratch...that means room sizes, directions, description of location, finishes, features, etc.  Every category that is "fill in Applethe blank" on MLS in addition to the features that a buyer may find worthy of noting in choosing to buy the property.

   More often than not....we find that there are some very basic things that were done incorrectly.  In one instance....the size of the house was incorrect by 35%....smaller ...unfortunately. When buyers came they were expecting to see a house one size and instead....regardless of how nice it was...it was not the house they imagined it would be based upon the description.

       The directions/school system are wrong and wanting to be or stay in a school system can be very "key" to many schoolbuyers...that information is often missing from the listing all together...Or can be incorrect...hard to target that audience who may want to be a buyer when the educational "facts" are wrong.

    Updates and finishes are HUGE...comparing laminant counters to quartz or granite...kitchens and baths that have been updated vs those with the infamous pink fixtures (thank you Mamie Eisenhower).  

    "Forgetting" one property has a finished lower level offering another whole area of living space...which may include egress windows, partial or full walk out exposure, amenities not limited to a fireplace, kitchen, bath, rec avocadoroom/man/person cave,, wet bar, bedroom, office etc.   There is the avocado that is being compared to the apple....and the result is that there is an "inaccurate listing" that likely will not sell as quickly as the potential buyers don't have the information that would attract them to the house.

     Preparing the listing for sale....washing windows, de-personalizing, decluttering, tidying landscaping, power washing siding, making the property the very best it can be..not taking pictures, putting the listing on MLS and a sign in the yard...that isn't "practicing real estate" that to us, is cleaning suppliestrying to imitate practicing without having the knowledge to use the tools of the business to put the very best home forward. 

    Did you bring that "NET" sheet with you so that you know from the beginning what is owed on the property ?  Did you alert your title company to do a "search and hold" so that no liens are "forgotten"....that is the HOME work part of the listing and part of the key to being successful.

        Listing agents....when you take a listing...don't "Assume"...look at every detail of the property, the area, the features and be careful to target the Buyer for the property. 

   lucky horseshoeThere is more than "Luck" involved to listing...there is more to real estate than just having a license....knowing the difference between apples and avocados is part of what an agent with successful experience brings to the listing.

    If you or anyone you know wants real estate agents who have a practice based upon education and fostered by successful experience in southeastern Wisconsin, call the Hansons, we are honored to be of service.

Posted by

Sally K. & David L. Hanson, ABR, CDPE, CSS, e-Pro,ILHM, REDS


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Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

I agree. The data from an expired or existing listing can often be incorrect. We have to pay attention to all the details.

May 27, 2017 04:06 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I've experienced this alot, Sally and David. A seller calls me to ask why I think their home isn't selling and it's clear as the nose on one's face that the prior agent was ridiculously sloppy with staging, withlisting data, with marketing.

May 27, 2017 04:45 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I hope home owners in your area will read this post and call you to list their home .

May 27, 2017 05:01 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Wise advice to all listing agents.  Don't ever assume that old information is correct.

May 27, 2017 05:13 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

It's true Sally and David. It takes more than a license to SELL a home. So many agents "forget" that consumers really want to know what they are looking at is correct!

May 27, 2017 05:40 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Sally and David. You know the outcome in advance when you assume! Enjoy your day!

May 27, 2017 05:44 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Good morning, Sally and David --- Wayne Martin and I are having the same thoughts today about the problems that we can encounter when we a-s-s-u-m-e. In the type of situation you describe, it's best to start at the beginning and then proceed to the next step...  

May 27, 2017 05:57 AM
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Found to be true so many times in the past for us; I am pleased to see it is not only us who have faced past listing errors. Correct work product when it leaves our desk is on us.

May 27, 2017 06:17 AM
John F Muscarella
RIVER FARM PROPERTIES, LLC - Venice, FL
Broker/Owner, Venice, FL, Florida's Suncoast

It's funny but lately I assume listing information is usually wrong and verify once I visit the property.  It is not intentional I find but just poor attention to detail.

May 27, 2017 06:31 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Sally K. & David L. Hanson ,

You are right..assume nothing and start from scratch when taking a listing. We are not allowed to measure a house in Texas because the inaccuracies would always be there. The tax records download the SF and if its not right can be corrected by the measurement by a licensed appraiser. That alleviates that problem! Consumers do expect to see what is in the MLS is true and correct! Great post..you are the ones to call for residential buyers and sellers

May 27, 2017 06:56 AM
Sally K. & David L. Hanson

That's interesting Dorie Dillard some cities, towns, villages have total square feet and some do not (the smaller the "lesser") and MLS reequires estimated total square feet and room by room measurement.  There is a "approximate" disclaimer.

May 27, 2017 07:18 AM
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
Retired New Hampshire Home Stager

Currently looking for a house I've found that the descriptions and the mls photos rarely live up to the reality. There is a lot of deception out there, it's not just mistakes. 

May 27, 2017 07:07 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Sally and David unfortunately not every Realtor/Agent is as professional and careful as you are.  There are those who are sloppy, lazy and just looking to collect a check.

May 27, 2017 03:14 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Sally and David- I would expect nothing less from both of you.  You do the work that all professionals need to do and you don't "play" at it. 

May 27, 2017 04:35 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Sally and David

It's either done right  . . . . or it's not  . . . .  In real estate it has to be done right every-time.

Good luck and success.

Lou Ludwig

May 27, 2017 06:25 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Comparing apples and apples can be harder but more satisfying than comparing apples and oranges

May 27, 2017 11:29 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I agree. There are certain elements that need to be in place for a thing to be a thing. Lou Ludwig

May 27, 2017 11:29 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Sally and David, what a great blog and one that should be feature for sure.  Make it a great day!

 

May 28, 2017 09:02 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much for sharing your experience.

Factual mistakes can certainly impact marketing efforts.

May 28, 2017 12:26 PM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Sally and David, this is an excellent post, don't assume anything but verify everything. Have a great week!

Jun 26, 2017 05:10 AM
Walt Fish
Bay Area Home Inspection, LLC - Marquette, MI
Upper Michigan's Most Experienced Home Inspector

Ecellent post Sally and David. Yes, details are very important. I have inspected modulars listed as stick built on a few occasions. It usually kills the sale when the buyer finds out. Not necessarily because they are opposed to buying a modular, but because they feel betrayed.

Jun 26, 2017 06:23 AM