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4 of 8 Most Common Mistakes Homeowners Make...And How To Avoid Them.

By
Real Estate Agent with HomeSmart Premier - Team Crumbz

MISTAKE #4: Thinking that listing your home with a realtor will get your house sold fast and solve your problem.
Most people think that the person with the real estate license an "expert" at selling houses and can get it done quickly. Maybe you even think the only way you'll ever get your home sold is to list it with a realtor. Nothing could be further from the truth.
Fact is, realtors are NOT required to receive any formal training on HOW to market and sell a home quickly. Getting a real estate license is basically a matter of passing a couple of tests about the laws and requirements for home sales in your state. That's all. For all you know, they barely squeaked by on their final tests, and now they're in business.
Your house is just another listing to them. The sum total of their effort to sell may be putting a sign up in your front yard. And in the meantime, if you come up with someone who would be willing to buy the house from you and stop the Foreclosure, you're still obligated to work through your real estate agent, and pay them a hefty commission.
That means if you've lowered the price to get it sold, you may have to come up with thousands of dollars you don't have, to pay the realtor! This could actually prevent you from selling your house, and stopping the Foreclosure.
Even worse, the chances are slim to none that the deal would go through BEFORE your Foreclosure auction date. Escrows typically run 40-60 days to closing. You simply do not have the luxury of that kind of time.
This problem can be overcome by working with an experienced Foreclosure Prevention Realtor Professional like House Everything. You benefit from the working relationships that we have established with lenders. These lenders are willing to work quickly with us to stop the Foreclosure.
In other words, we'll take the risk and put up the money to buy enough time to negotiate with the lenders. You will NEVER find another real estate agent who is able to do this for you.

Shar Malekpour
Tierra Antigua Realty - Tucson, AZ
Realtor, GRI, ABR, CNE, ChRC, AHWD

You knowledge about what a Realtor does is very limited. FYI in a Short Sale, the Bank is the party that pays the commissions, not the Seller.

Jan 23, 2009 05:07 PM
Paul & N'Marie Crumbie, TeamCrumbz
HomeSmart Premier - Team Crumbz - Fountain Hills, AZ
Everything We Touch Turns to Sold!

Contrary...I'm a real estate broker and have been in the business for the past 15 years.  I've also completed over 100 short sale transactions and I'm also an educator on the subject.  I inform individuals about the pro and the cons, not just the pro for realtors.  If you read carefully prior to being so territorial and defensive you'd notice that my comment accruately states that "if you come up with someone who would be willing to buy the house from you and stop the Foreclosure, you're still obligated to work through your real estate agent, and pay them a hefty commission".  This is 100% accruate assuming the transaction is not short and realtor is not willing to walk away...elementary!

Jan 24, 2009 06:07 AM