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Do You Owe Your Listing To Another Agent?

By
Real Estate Agent with The Gasset Group & Get It Done For Me Virtual Services 13253167-SA00

We have a great expired listing program that makes our phone ring and a good percentage of our listings are from our expired listing program.

One of the obstacles we have in our Luxury Home niche here in Wellington Florida is that many listings are all about who you know not what you do.

Did you get our expired listing letter explaining how you would benefit from hiring us as your Realtor of choice?

Did you want to call us but you promised another agent your listing? Think twice before you sign:

We sent out our expired letter to a seller over 4 years ago. He called us and Nestor almost got the listing signed but then the seller says, "I owe my listing to so and so. She rides horses and is friends with my wife." So he lists the property for $3.5 million with one of my very best friends. She keeps the listing for a year and no sale.

When it expired again; Nestor called him to see if now would be the time to list with us. He says," I would love to, but I owe the listing to the next agent in line." In fact, he owed his listing to 3 different agents.

One by one he lists his property with each of these agents. The property does not sell. The prices start to drop. We then send him another expired listing letter the last time it expired. He calls us; it is now out turn.

Well, Nestor does the numbers and we discover that now it is a short sale. We will get the listing now because we are the only short sale experts in our market that actually know how to do a short sale. So now the price that we take the listing at is $1.8 million 4 years later.

Can you see how much money this seller has lost because of choosing to go with those agents he owes his listing too rather than the agents who will get his property sold? He even told us that he knew he felt he should have chosen us to begin with. 

So don't lose any more money by listing with agents you owe your listing to.

List with the Realtors® who know how to create strategic online dominance for your listing, get your property in front of the consumers that matter. We may not be agents that you are riding with you on the equestrian trails but we are the agents riding the super Internet highway with your listing billboard.

 

 

        

Contact Nestor Gasset and Katerina Gasset, CIPS, Realtors®, International Properties and Investments, Inc. Licensed Realtors® in Florida at 561-753-0135 to list your property for sale or to purchase a property in Wellington, Royal Palm Beach, Loxahatchee, Lake Worth, Hypoluxo Island, Lantana, West Palm Beach and the rest of Palm Beach County Florida and Port St Lucie Florida. We are accepting referrals.

Call us today at 561.753.0135 or Toll Free 800.444.3316. Contact us by email if you prefer by clicking on email me on the right side of this page under our profile.

To view all the Wellington Florida Luxury Homes For Sale Click here and then click on Search For Homes We know Palm Beach County and St Lucie Country; we will help you get your home Sold if you need to Sell your home and help you buy your Wellington Home or Land ; call us today.

Disclaimer:The information provided herein is supplied by several sources and is subject to change without notice. Wellington Homes Blog does not guarantee or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Wellington Homes Blog represent the opinions and ideas of the author(s). Wellington Homes Blog does not express the views of International Properties and Investments, Inc or those of the broker.

P.S. If you are listing your home as a short sale in Palm Beach County Florida and Port St Lucie Florida make sure you hire an agent who knows how to do short sales and has the experience to get the job done. We are doing successful short sale packages. Call us at 561-753-0135 to find out more about Palm Beach County Short Sales and Port St Lucie Short Sales.

Copyright © 2008 By Katerina Gasset, All Rights Reserved.*Do You Owe Your Listing To Another Agent? *

 

 

 

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Never miss an important post- follow me on my ActiveRain Blog 

In real estate we service Utah County, Salt Lake County, Wasatch County, Tooele County. This includes many towns and cities. Some of which are: Provo, Orem, Salt Lake City, Draper, Springville, Spanish Fork, Payson, Lehi, American Fork, Vineyard, Saratoga Springs, Eagle Mountain, Pleasant Grove, and more. 

Katerina Gasset is a real estate agent who is also a digital marketing strategist, website designer and consultant for real estate brokerages, agents, entrepreneurs and small business owners. She is also the owner of Get It Done For Me Virtual Services. 

Katerina is a Certified AI Marketing Specialist. She can help you with ChatGPT, Content at Scale, Neuronwriter, prompting, and many other AI tools. 

She develops products and online courses to empower real estate agents to reach their marketing, SEO, social media and branding goals. Katerina Gasset is a blogger, author, podcaster, and keynote speaker.  

Text Katerina with your name + number to work with her:

 561-502-1577 

 

 

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Comments(26)

Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

One word, Katerina, 'greed.'  They should have listed with you guys to start with and you and Nestor would have priced it to sell THEN and they would not be in the position that they're in now.  Sad but, true.

Good luck with this one and all of your other listings as well.  These Sellers are very fortunate to have you two on their team now!

Debe in Charlotte

Nov 20, 2008 01:21 PM
Lizette Fitzpatrick
Lizette Realty - Richmond KY - Lexington, KY
Lizette Realty, Lexington KY MLS - Kentucky Homes

It's sad that it is really an emotional deal with a lot of the sellers. I lost one the other day like this. Sad for us both.

Nov 20, 2008 01:43 PM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Debe- This was not about greed because it was about being loyal to those he owed the listing to. It had nothing to do with price. The problem is that we could have gotten him his price back then or close to it, he is now a short sale because he did not want to hurt feelings.

Nov 20, 2008 01:50 PM
Judy Greenberg
Compass - Long Grove, IL
Compass- Long Grove -Buffalo Grove

Too bad for these people.... Being friends with a lot of people cost them a lot of money

Nov 20, 2008 02:10 PM
Carol Culkin
Diamond Partners Inc - Overland Park, KS
Overland Park Residential Real Estate

What a great post - goes to show you that decisions like this need to be based on business rather than friendship.

Nov 20, 2008 02:14 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Point taken! 

Debe in Charlotte

Nov 20, 2008 02:18 PM
Sandy Fenton
Keller Williams NY Realty * Licensed Associate Broker - Mount Kisco, NY
ABR, ASP, CDPE, GRI -Westchester NY - Condos to Luxury Homes

I know that where I am it is definitely who you know (or who your spouse knows.)  There are agents here who are convinced they are "all that" because they get a couple of multi million dollar listings and they are clueless about marketing.  They couldn't get past the complexities of handling a coop sale. 

Half of them don't even know how to enter a listing into the MLS.  There are a couple of companies in this area that don't let the agents do anything so they keep control not just over the listing but the agent as well.  And the agents walk around with their noses in the air like they are princes and princesses.  Pretty funny, actually.

 

 

Nov 20, 2008 02:27 PM
William Johnson
Retired - La Jolla, CA
Retired

Hi Nester and Katerina, This is wonderfully done and I love the way you set this one up. Excellent job!

Nov 20, 2008 03:18 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Katerina,

Be careful, Mike Russer might have already registered the name "Online dominance" and even has a website with this URL (LOL)

Listen, I did not hear yet about short sales in the millions, wow.

Nov 20, 2008 03:23 PM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Jon- You are right, I went back and changed it to Strategic Online Dominance. Online Dominance is trademarked. Shucks! I wonder if I can do that. I will search for synonims that will work.

Nov 20, 2008 04:05 PM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

William- Thanks a bunch. I hope this will make a difference in some decision about who to hire as an agent.

Nov 20, 2008 04:55 PM
Neal Bloom
Brokered by eXp Realty LLC - Weston, FL
Realtor CRS-Weston FL Real Estate

Katerina,

It's even worse when they give it to a relative instead of a friend. They are easy to hire but hard to fire.

Nov 20, 2008 10:32 PM
Mary Strang
Viroqua, WI

Even worse than a relative, in this market  there is still a lot of high school loyalty going on over 40 years later. That's a small town reality.

Nov 21, 2008 12:46 AM
Debi Ernst
St. Charles County, Missouri - Prudential Alliance Realtors - O'Fallon, MO
GRI, e-PRO, Broker/Sales Associate

Katerina - That's a great story... Yep, they should've listed with you to begin with...  :)

Nov 21, 2008 01:00 AM
Mirela Monte
Buyers' Choice Realty - North Myrtle Beach, SC
Myrtle Beach Real Estate

Your follow up is incredible!  You inspire me! 

Nov 21, 2008 10:28 AM
Marian Gregor-Ann
Keller Williams - Ann Arbor, MI
Arbor area Real Estate

Katarina, How true. I often get expireds after Sellers realize that they have simply been spinning their wheels.

Nov 22, 2008 06:33 AM
Sonja Adams
Keller Williams Realty - Purcellville, VA

We have an agent in this area that lists a lot of horse property because of her connections with the local pony club...I'm hearing though that people aren't happy with her because she sells nothing...its sad to see that much of a decrease on a property like that...it was a hard lesson for him to learn.

Nov 24, 2008 04:02 AM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Sonja- My best friend is an agent here and knows all the horse people. She hates real estate, tells people she does not even want their listing, and they still insist on listing with her:) Go figure!

Nov 24, 2008 06:28 AM
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Homes

Always better to be the 3rd listing agent - by that time the sellers are much more receptive to suggestions and pricing correctly.  Good luck with the sale!

Nov 25, 2008 09:38 AM
Keith Pound
EXIT REALTY CRUTCHER - Louisville, KY
Realtor, Auctioneer - Louisville, KY - 502-645-5950

It pays to follow up..great job..I enjoy your posts

Jan 17, 2009 06:03 AM