Why We Didn't Show Your House This Weekend

By
Real Estate Agent with RE/MAX Elite 513.520.5305 www.LizTour.com SAL.2002007747

Why We Didn't Show Your House This WeekendHomes for sale

We spent the weekend showing houses with one of our buyer couples.  About 20 total over the course of Saturday and Sunday.  They didn't have overly stringent requirements other than preferring the home be in one of two school districts and under a certain price.

We screened out many homes as possibilities, the buyers drove the neighborhoods getting a feel for where they might like to live and got today's list to a manageable day's work.
Mostly new construction, and a few resales.

But one potential home needed to come off the list and here's why:  you and your agent aren't doing a good job representing your home to the public. 

You're advertised as a short sale, and that by itself wouldn't have taken you off our list.  The fact you're advertised "AS IS" and in need of TLC...also not a deal killer by itself.  The fact that all your room sizes say 0 x 0 isn't ideal, but not a show stopper.  The fact that you own a two story home but listed as 1.5 stories....well that doesn't help either, but from the picture it's obvious your home is two levels.  The fact that half the room photos are some type of funky circular fish eye view...well we could get "around" that.  The fact that you're priced abnormally low for the development and virtually screaming "this price is bait to get an offer so the bank will talk to me"....didn't kill off all hope by itself.  The fact that you're insisting all offers must be accompanied by a preapproval letter from the lender of your agent's choice?  We don't like that either....but if the house was right could probably tolerate that. 

The fact that your residential property disclosures required by Ohio law are struck through and "AS IS" written on them?  Well, yeah...THAT IS A PROBLEM!   You live there, you know the history, you need to give the buyer the history.  It's state law. It's not optional.

You're not bank owned YET, but if you and your listing agent don't make your home more appealing to the buying public FAST, it's just a matter of time.  Sorry if that seems harsh, but as the seller you need to KNOW how your home is being presented to the public. 
With literally hundreds of homes for sale competing with yours, there was nothing but reasons to NOT show your home.  Ask for a link to your MLS listing and see for yourself....before it's too late. 

Serving Warren County's residential real estate needs,
Liz and Bill aka BLiz

Posted by

Serving Warren County Ohio & Adjacent Areas

 

The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS, Ohio License SAL.2002007747

William (Bill) Spear, CRS, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418

MailTo:  Liz@LizSpear.com

Search Homes:  Https://WarrenCountyOhioRealEstate.com

Our Website:  www.LizTour.com

 FacebooktwitterWordpressYouTube Pinterest

 

 

 

 

OUR SERVICE AREA:


View Liz Spear Team of RE/MAX Elite Primary Service Area in a larger map

close

Re-Blogged 4 times:

Re-Blogged By Re-Blogged At
  1. Cory Barbee 03/28/2011 09:47 AM
  2. D B 03/28/2011 10:46 AM
  3. Tish Lloyd 04/05/2011 02:54 AM
  4. Gabe Sanders 04/11/2011 12:23 AM
Topic:
Home Selling
Location:
Ohio Warren County
Groups:
Realtors®
RE/MAX Active Rain Bloggers
"Whacked"!!!
Club Chaos
Advice for Sellers
Tags:
selling your home in warren county ohio

Spam prevention
Show All Comments
Ambassador
2,791,690
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Gay, Any element of the total package can derail the success of the sale.  As soon as sellers realize this, they may become more selective about the agents they choose and verifying the work of their agents.

Mar 28, 2011 12:28 PM #123
Ambassador
4,167,673
Jeff Dowler, CRS
eXp Realty of California - Carlsbad, CA
The Southern California Relocation Dude

BLiz

That was certainly a laundry list of reasons to not show, and I might appropriate commentary for many homes we see listed here. Lots of head scratching going on with some MLS listings.  Buyers here, and I would guess there, have plenty to consider and need to wade through the listings that signal trouble ahead.

Jeff

Mar 28, 2011 01:28 PM #125
Rainmaker
443,759
Dianne Goode
Raleigh Cary Realty - Raleigh, NC
Realtor/Broker

In North Carolina also, a Sellers Disclosure statement is required since the seller still owns the house.  They can check "No Representation" for each item, if they choose.  But the form still has to be completely filled out, signed and dated.  That's the law, and the agent should know that.

 

Mar 28, 2011 01:48 PM #126
Rainmaker
531,401
Karen Baker
Sunset Beach and Beyond Realty - Sunset Beach, NC
Professional Help with Rapid Responses...

Bliz ~ We make it a point to preview all homes before showing a home to a client ~ We make sure all the paperwork is in order, property disclosures filled out properly or the listing agent receives a call from Frank ~ no excuses ~ AS IS is not written on a property disclosure by a seller in North or South Carolina ~

Mar 28, 2011 01:57 PM #127
Rainer
219,223
Robert Amato
Bob Amato of Empire Home Mortgage Inc - East Meadow, NY

I agree with Charita. The sellers probably do not know how their property is being shown to the public. they should at least check the MLS listings and see if they agree with the presentation.

Mar 28, 2011 02:11 PM #128
Ambassador
2,791,690
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Erica, Honestly, I'd be perfectly happy if every seller insisted on finding out EXACTLY how they appear to the public.  Might weed out some of the agents who aren't proficient.

Jeff, Between the buyers weeding out and us weeding out, not too many will make the cut...but then isn't the idea to get to the best of the best fits.

Dianne, Sounds like our states our own the same page.

Karen, Previews here are pretty rare, and there's not even a requirement to present the disclosures to the buyers until a contract is being negotiated.  Our preference is for them to be posted online with the listing.  It's easy to do, so why not have them there?

Bob, I'd like to see it standard practice to have a seller's review after MLS entry.  Might stop some of the absolutely poor representations we all see in our MLS.

Mar 28, 2011 02:22 PM #129
Rainmaker
1,545,006
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

When there is an oversupply of properties available, you can only show so many. You're right about problem issues. They just get dropped from the short list.

Mar 28, 2011 02:45 PM #130
Ambassador
2,791,690
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Brian, I don't think most sellers realize just how little it takes to knock them off the list.

Mar 28, 2011 03:38 PM #131
Rainer
372,583
Tish Lloyd
BlueCoast Realty Corporation - Wilmington, NC
Broker - Wilmington NC and Surrounding Beaches

Well -- did I miss the party or what!!!  This is certainly a well-deserved Feature!  We see this every day and it's so sad to see the results of people who have given up combined with poor representation.

Mar 29, 2011 02:40 AM #132
Ambassador
2,791,690
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Tish, It's a VERY bad combo unfortunately.

Mar 29, 2011 02:45 AM #133
Ambassador
2,011,027
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

BLiz - It sounds like this seller may be in for a bit of a wait to get their home sold with at least part of the deck stacked against them.

Mar 29, 2011 04:49 PM #134
Ambassador
2,791,690
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Christine, I don't like their odds at all.  If the price is legit, they might still pull it off despite all the strikes against it. 

Mar 29, 2011 11:14 PM #135
Rainmaker
91,624
Edith Schreiber
Luxury Homes, Move Up Buyers, 1st Time Homebuyers, New Construction - Frisco, TX
Dallas Area Real Estate

Great post - thanks!

IMHO, I do believe that the listing of short sales is not for the faint of heart OR the inexperienced agents.

If these sellers are not counseled that they must provide a Sellers Disclosure with more information than simply "AS IS", there is no telling what other incomplete or inaccurate information they have been provided.

This sadly sounds like a foreclosure just waiting to happen.

Mar 30, 2011 02:58 AM #136
Ambassador
2,791,690
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Edith, We know our limitations and don't venture into listings we can't adequately help.  For short sales, we engage a real estate attorney.  Gives the sellers the best possible representation with the bank, combined with our full out marketing.  This home above does seem destined to become an REO property later.

Mar 30, 2011 03:19 AM #137
Rainmaker
514,500
Maggie McFarland
RE/MAX Pearland - Maggie McFarland - Pearland, TX
Pearland Realtor, Homes for Sale in Pearland Texas

Great post! I have often wondered myself WHY ON EARTH some agents write the descriptions they do for their listings. I almost want to ask them, "Did you read what you wrote? How do you NOT know that your verbage is a buyer turn-off!" I know that we have all had less than desirable properties, but come on, its our job to market it the best way we can!

Apr 03, 2011 11:51 AM #138
Ambassador
2,791,690
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Maggie, Scary isn't is??

Apr 03, 2011 12:47 PM #139
Ambassador
866,246
Mimi Foster
Falcon Property Solutions - Colorado Springs, CO
Voted Colorado Springs Best Realtor

It is so obvious in this market that there are a lot of houses for sale, but there are very few that are 'making the cut' to view.  It IS about all of the things that you mentioned, it IS about lazy Realtors who put in room sizes of 0 x 0 and use a fish eye lens, it IS about the fact that the piece of junk house that has been neglected and trashed for years and is now in trouble because the value is no longer there has the extra benefit of having to qualify thru THEIR lender.  I am constantly amazed at how much is ON the market, but how very few are worth showing.

Apr 05, 2011 04:04 AM #140
Ambassador
2,791,690
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Mimi, It doesn't take long to cut through the chaff and get to the real treats on the market.  It's SOOOO easy to strike a home off the list of potentials.  You have to be the ONLY thing like it to get away with some of these errors.

Apr 05, 2011 04:14 AM #141
Rainer
55,751
Kelsey Barklow
Hurd Realty - Johnson City, TN
423/948-9154

Wow! I am almost speechless that a Realtor is allowing this to happen. They should seek a new profession! "Ask for a link to your MLS listing and see for yourself..." - Great idea!  But what if they HAVE seen it??? Thanks for the great post!

Apr 05, 2011 10:19 AM #142
Ambassador
2,791,690
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Kelsey & Marne, If they did look, and didn't care, then they're a perfect team :)   But only one of them will get foreclosed!

Apr 05, 2011 10:40 AM #143
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
2,791,690

Liz and Bill Spear

RE/MAX Elite Warren County OH (Cincinnati/Dayton)
How Can We Help You? Just Let Us Know!
*
*
*
*
Spam prevention

Additional Information