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I Don't Want Any More Listings?!

By
Real Estate Broker/Owner with Pensacola Real Estate - Team Sandy Blanton Realty, Inc.

No More Listings?!

" I don't want any more listings". I have heard this one time too many and I have to ask why so many agents share this sentiment? I was recently listening to one of the many real estate training CDs I receive every month and heard a so-called "real estate guru" repeating the same statement. He has over 200 listings and "nothing is selling". This is a man who is out of touch with the current market.

My view is this; if you have too many listings and/or they are not selling- they are overpriced (providing they are marketed correctly). If you don't want any more listings "because listings don't sell", you don't know how to price and market them correctly. It is absolutely that cut and dry. Homes are selling in your market, no matter how few. Any home in any condition can be sold for the right amount of money.

I DO WANT MORE LISTINGS, I DON'T HAVE TOO MANY, AND THEY DO SELL! I was the #1 Realtor in 2007 and 2008 for the highest number of residential listing sales. I'm not bragging, I'm applying for a job. I want your referrals!

For more information about Pensacola Real Estate, visit http://www.tsbrealestate.com . We are the foremost authority in Pensacola homes and real estate sales.

 

Cherimie Crane
Cherimie Crane & Associates - Beaufort, SC

Great point! If it is priced well and marketed properly, just like any other product, it will sell.

Feb 06, 2009 02:25 AM
Sandy Blanton
Pensacola Real Estate - Team Sandy Blanton Realty, Inc. - Pensacola, FL
Pensacola Real Estate- #1 in 07null- 09null

Thanks for the comment Cherimie, I think the statement should be "I don't want any more overpriced listings". If they aren't selling, that's likely what they are.

Feb 06, 2009 02:30 AM
Denise Allen
Resh Realty Group - Chesapeake, VA
Realtor@ Chesapeake, Hampton Roads

I fully agree with you.  Stagging a home is also a good way to help a sale.  The more a home looks like a model home the easier it is to sell.

Feb 06, 2009 02:31 AM
Kelsey Barklow
Hurd Realty - Johnson City, TN
423/948-9154

I agree. Nothing moving tells you something so listen and change your plan. Good for you, Mr. Awesome Listing Agent!

Feb 06, 2009 02:31 AM
Sandy Blanton
Pensacola Real Estate - Team Sandy Blanton Realty, Inc. - Pensacola, FL
Pensacola Real Estate- #1 in 07null- 09null

Denise: Thanks for commenting. Staging can add a certain appeal and should not be overlooked, but an overpriced home will not sell, staged or not.

Kelsey: LOL Thanks for the comment! I'm glad to see you share similar opinions.

Feb 06, 2009 02:38 AM
Susan Laxson CRS
Palm Properties - La Quinta, CA
Realtor in San Diego, CA & Naples, FL

I am in absolute agreement with you - price it right and usually it won't be stuck on your unsold inventory list.

Feb 06, 2009 02:40 AM
Sandy Blanton
Pensacola Real Estate - Team Sandy Blanton Realty, Inc. - Pensacola, FL
Pensacola Real Estate- #1 in 07null- 09null

Thanks for commenting Susan: I know pricing can be tricky and it's not always possible to price it perfectly, the market will tell you if it's wrong. I have priced homes (recently) thinking they were at market only to see new homes hit the market at a slightly lower price or closing below the previously set trend- time for a price drop!

Feb 06, 2009 02:45 AM
Robert Schwabe
Herron Real Estate - Orange Park, FL
Orange Park Real Estate

Sandy - I can't believe that with over 200 listings nothing is selling. I think the agent need to look at the prices of these homes. They sound to high.

Feb 06, 2009 02:55 AM
Sandy Blanton
Pensacola Real Estate - Team Sandy Blanton Realty, Inc. - Pensacola, FL
Pensacola Real Estate- #1 in 07null- 09null

Thanks for commenting Robert. Absolutely he does! Again, it's a case of an agent out of touch with the market. I suppose he thinks it's the market, not the price of the homes. The fact is he needs to price his homes in accordance with current marekt conditions- obviously he isn't. I know the market is tough, but homes do still sell.

Feb 06, 2009 02:58 AM
Lisa Long
Heather Roda Broker - Paso Robles, CA

Not selling it has to be price or product. If its a good house price you need to check what is listed and selling around you then price ahead of the market.

Feb 07, 2009 07:06 AM
Paul Macapagal
Town Residential - Manhattan, NY
NYC Sales Expert

I wish I could say I dont want anymore listings!...

Feb 10, 2009 08:20 AM
Keith Pound
EXIT REALTY CRUTCHER - Louisville, KY
Realtor, Auctioneer - Louisville, KY - 502-645-5950

I want more sellers, who want their homes priced right, so that they will see more buyers eager to buy good houses that are priced to sell.

Feb 16, 2009 11:53 AM
Real Estate Guy in Madison, Wisconsin
Powered by: Real Broker LLC - Madison, WI
Real Estate Guy

Your teaser title got me to read.  I absolutely agree.  infact if you can't do what is your profession, ie sell homes, then get out of the business. 

Everything sells at the right price.

 

 

Feb 25, 2009 02:11 PM