So I consult on a project
Which buys homes and sells them at a discount for investors who are purchasing rental property. The company buys "flips" and then sells them to other investors to make them rentals, while they are in the construction process. This requires my staff a lot of phone calls to other agents.
One of my Realtors called another agent.
The agent on the other end of the phone sounded interested and began to discuss numbers with my Realtor. When my Realtor provided the agent recent comps based on the most recent sales, the agent interrupted my Realtor and said "Zillow said the home is worth $210,000", my agent responded politely and stated "we do not use Zillow for comps, there was a sale next door for $330,000. He argued with my Realtor and again stated "Zillow only says it is worth $210,000, you are trying to rip me off".
While I have no issue with the public using Zillow, I do with agents.
I do not like to complain but if Agents do not have the skills to do their jobs, they should find more training. I am a professional agent, I understand what comps are based on and I know how to tell what a property is worth. I was shocked by what this agent had said and I really hope the public researches agents they are working with before trusting them with the largest investment they will ever make.
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