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A Sequel To "Realtors Are Rolling In Dough" -- "What Do You Really Know About The Real Estate Business?"

By
Real Estate Broker/Owner with HOME AT LAST REAL ESTATE DB915628

A few words about how the business of real estate works -- and why we ask certain things of our customers and clients....

I have an obligation to all of my clients to represent them in the most efficient and ethical way possible.  For representation of a seller client, that means that I am bound by their request to have their property shown only to serious buyers who are qualified by a bank and ready to buy. A showing of a property means taking the valuable time of the sellers, the agents involved and the potential buyers.  For the seller(s), this generally means that they must vacate their property for a period of time.  For the agents, whether representing a buyer or seller, this means that travel time and business time must be blocked out of the day -- and we do not make a paycheck until we actually sell a home

This is what we do for a living, our job, our means of putting food on the table, paying our bills and keeping a roof over our heads.  Just as other people go to work every day, so do we--only we often do it for free, and even more often, sometimes 7 days per week with the exception of Christmas, New Year's Day, Thanksgiving and Easter (if we are lucky!) until our buyer(s), who are hopefully loyal to us, find just the right property to purchase.  I've shown properties in blizzards, hurricanes, while ill with pneumonia (yes, this did happen when a time constraint simply couldn't be worked out any other way - but it is most certainly not my normal method of working!)...if the buyer client needs me, is qualified to purchase, will listen to advice given and is reasonable in their expectations, I am there for them.  I have impeccable references that I would be happy to provide to any customer or client. 

Many, many hours go into this process and without a result at the end; the process actually costs us money and time--time with serious and loyal clients, time with our families and zero pay for our efforts. There are very few people who have the guts or stamina to work for free in this world. This is one reason why we are dedicated wholeheartedly to what we do and if we do not represent our clients to the very best of our ability, we would soon be out of business.  If you don't feel that your agent is dedicated to you and watching out for your best interests by doing their due diligence on your behalf, then you are with the wrong agent! We are in the trenches every day and it's pretty easy to figure out which ones of us are knowledgeable and have that all important finger firmly pressed on the pulse of the local market. 

The bottom line?  Yes, we ARE in a service business.  We are also in business to make a living.  We try to keep things "light" and "fun" for our clients, but please keep in mind that we also have dinner engagements, school plays and soccer games to attend, educational classes to take, significant others who need us and all those other things that come with daily living.  Why?  Because, (drum roll, please) we are human too!  

  I love my clients!

 

Posted by

Carole L. MacCollum 

Broker/Owner HOME AT LAST REAL ESTATE

676 Post Road, Suite 6 Wells, Maine 04090

Mail to: P.O. Box 427, Wells, ME 04090

carolemaccollum12@gmail.com / 207-337-4792

 

Comments(11)

Marilyn Montaigne
Options and Opportunities - Sedona, AZ

Wow, Carol you are a trooper!  To show houses with pnuemonia, blizzards and hurricanes! Ouch!

We do work hard! I used to be an Escrow Officer with First American Title and I would always stick up

for the Realtors when customers would complain about the "so called' big commission that the Realtor

was getting.

  Now that I have been a Realtor for a year. I can honestly tell you, I work 24/7!  You just have to

make yourself available when the people need you!  Great blog.

  Warmly, Marilyn Montaigne  Dominion Real Estate Partners Valley of the Sun Realtor Carefree, AZ

602-697-2128

Jun 25, 2011 10:02 AM
Gay E. Rosen
Julia B. Fee Sotheby's International Realty - Larchmont, NY
As Real as Real Estate Gets!

Carol:  People do not realize we have a life... they call at all hours... as if it is time that we on the clock.... if only they knew..

Jun 25, 2011 10:16 AM
Carole L. MacCollum
HOME AT LAST REAL ESTATE - Wells, ME
Broker/Realtor 207-337-4792

Marilyn:  Thanks for stopping in!  And welcome to the world of real estate!  I think it's great that you would stick up for the agents making those "big, fat commissions" when you worked as an Escrow Officer.  Thanks for that!  The more we can educate the public, the better off we will all be.

Jun 26, 2011 04:38 AM
Carole L. MacCollum
HOME AT LAST REAL ESTATE - Wells, ME
Broker/Realtor 207-337-4792

Gay:  You are so right!  This is why I made this blog for public view.  Not looking for sympathy at all, just trying to educate, educate, educate.  Folks need to know that an exhausted agent isn't good for anybody and we are indeed only human.  My cell is on from 8-8 just about every day, but I do try to take one day off per week and when I meet with new buyers, I do let them know this.  Most are pretty understanding.  Thank you so much for weighing in!

Jun 26, 2011 04:42 AM
Debbie Walsh
SHAHAR Management - Middletown, NY
Hudson Valley NY Real Estate 845.283-3036

Carole well said!  There are so many out there that think we look for a house and then collect a huge check!

Aug 09, 2011 08:55 AM
Carole L. MacCollum
HOME AT LAST REAL ESTATE - Wells, ME
Broker/Realtor 207-337-4792

Hi Debra!  Thanks for commenting!  It's so true and sometimes I really am amazed when I still hear folks say, "Wow, you must have so much fun looking at houses all day - I would love to do that!"  Well, I do love to do it, but I especially love it when it earns me a paycheck, LOL!  Have a great day!

Aug 09, 2011 09:20 AM
Debbie Walsh
SHAHAR Management - Middletown, NY
Hudson Valley NY Real Estate 845.283-3036

hahahahahhahah OMG They are everywhere!  LOL 

Aug 14, 2011 07:30 AM
Carole L. MacCollum
HOME AT LAST REAL ESTATE - Wells, ME
Broker/Realtor 207-337-4792

LOL, Debra - SO TRUE!!  Thanks for dropping in again!

Aug 22, 2011 05:59 AM
Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula
Realty Works Temecula - Temecula, CA
Realty Works Temecula

Debra:  The expenses involved in Real Estate Sales, are greater than most people think....especially with gas prices going up!!!

Aug 22, 2011 10:43 AM
Phil Hillerman
Crye-Leike Realtors® - Rogers, AR
Crye-Leike Realtors®

And to top it off the better we do our job the easier it looks to the people we serve.  Have a great day!

Oct 31, 2011 04:23 AM
Carole L. MacCollum
HOME AT LAST REAL ESTATE - Wells, ME
Broker/Realtor 207-337-4792

Hi Phil!  You couldn't have spoken (written) truer words!  Thanks for stopping in and you have a great day also!  Happy Halloween!

Oct 31, 2011 08:13 AM