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5 Things A Real Estate Agent Cannot Do

By
Real Estate Agent with Platinum Realty SP00229578 2007027091

by Maria Morton

1. I Cannot Sell Your House For More Than It Is Worth. Seriously, I do not set house values. A house is worth what a ready, willing and able buyer will pay for it today. Home Buyers are not stupid. Most will have an agent to help them determine value of houses they are considering. They will not pay more for your house than what the recent comparables show it to be worth. They will not pay an extra $100,000 just because that's how much you'd like to get. If the number you want is unrealistic, I won't agree to list your house for sale. Another agent might but they will still not get you $100,000 more in price. Your house will just sit there. Sorry, but this is the truth.

2. I Cannot Find A Perfect House For You To Buy. No house is perfect. We talk about this at our Initial Consultation. After Inspections, we can ask the Seller to repair some of the items on the Inspection Report but the house will still not be absolutely perfect - there's no such thing. We can find a sound house that has most of what you want and need in a home but we will never find a perfect house. Even if you build a house to your specifications, that house will not be perfect.

3. I Cannot Make The Banks & HUD Easy To Work With. If you are buying a HUD home, an REO, or a Short Sale, we will be dealing with the idiocy of bureaucracy. 'They ' will want everything from you yesterday but take eons to reply to your Offers and Counter Offers. They will insist on using their own documents which are written in their favor and try to take away as many of your Buyer rights as possible. They will not use the documents normally used in real estate transactions in our area; the documents which have Buyer rights incorporated within. They will refuse to conform to traditional practices and processes. We will have little control over the process and very little, if any, personal contact; they will be slow as molasses and awkward as a 3-legged horse on ice to work with. We can do it but you will need to be as patient as you would be with a toddler at potty training.

4. I Cannot Compel A Buyer To Make An Offer To Buy Your House.
If you listen to, and act on, all the suggestions I give you about preparing the property to show, that will happen. If you decide it's too hard, too much trouble, or not really important to prepare the home, it will not receive as many showings and it will take longer to sell. I can market your house for sale as well, or better, than any agent in the Kansas City area but I cannot force someone to make an offer to buy it. They have to want it. I can show you how to make them want it but I can't force you to do anything.

5. I Cannot Make The Seller Give You Another Chance. If you choose to make a low-ball offer against my advice and the Seller accepts another offer in lieu of yours, I cannot make the Seller listen to your better offer after the fact. Move on. ~ I cannot make the Seller reconsider doing business with you if you alienate them beyond all reason. When a person gets this aggravated with another person, it may be that that person will never do business with you no matter how much money you offer them. Move on. ~  If you decide to 'think about it' and another buyer makes an offer on the house and the Seller accepts that offer, I cannot turn back time and make that house for sale again. Move on.

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Maria Morton,Realtor© Call 816.560.375Eight Mobile.     Google Maria 

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*Information obtained from Heartland MLS is deemed reliable but not guaranteed. *This is an eclectic blog combining business with a little humor; please consult a licensed  professional before making life altering decisions. ♪♫  

Maria Morton of Chartwell Kansas City Realty is a licensed Real Estate Agent in KS & MO.  816-877-8200 Office 

4141 Pennsylvania Ave Ste 105 Kansas City, MO 64111   Maria Morton Copyright © 2008-2018 

Comments(17)

Cynthia Larsen
Cotati, CA
Independent Broker In Sonoma County, CA

But I thought you had a magic wand!! Seriously, I had to hit the suggest button, this blog post is a must read for all sellers and buyers.

Nov 14, 2011 10:05 AM
Suzanne Taylor
Ultima Real Estate - Corpus Christi - Corpus Christi, TX
Home Sales In Corpus Christi, TX

Maria, loved your blog, in fact hit "suggest".  I especially liked #1, wish all seller's would just get an appraisal prior to placing their home on the market, would sure make our job easier!

Nov 14, 2011 10:05 AM
James Muhammad
RE/MAX Champions - Upland, CA
RE/MAX Vision

Maria this is a very, very good Blog Post and all of these points/tips are useful for buyers sellers and all real estate agents. I will be sharing with my clients and co-workers.. Thank for sharing! 

Nov 14, 2011 10:13 AM
Sebastian Barrett St.Troy
Austin Market-Ready Services, Home Staging and Real Estate - Austin, TX

Marie, You've made some very good points.  If a home is priced right, staged right, and has great photos and verbiage then an offer (according to NAR stats) should occur within the first 30 days.  I'm glad to see more REALTORs moving into the realm of NOT taking a listing if it is overpriced or unprepared.

Nov 14, 2011 10:14 AM
Maria Morton
Platinum Realty - Kansas City, MO
Kansas City Real Estate 816-560-3758

Cynthia, lol, if only there were a magic word!

Thanks, Suzanne!

You're welcome, James!

Nov 14, 2011 10:29 AM
Nancy Conner
Olympia, WA
Olympia/Thurston County WA

Oh this is SO perfect!!!  Now - how to make buyers and sellers listen to these points and believe them!?

Nov 14, 2011 10:34 AM
Laura Gray
RE/MAX Realty Group - Gaithersburg, MD

Maria

What kind of agent are you !. You can't pull any of those things out of your hat ?

We are all expected to create this feats of magic, if not many buyers and sellers keeping looking for the one that can !

Nov 14, 2011 10:39 AM
Carlotta Remong
Berkshire Hathaway HS N.E. Prime Properties - Newport, RI

Maria, 5 things a Real Estate Agent can not do is an excellent post...it is the whole truth, nothing but the truth!

Nov 14, 2011 10:58 AM
Maria Morton
Platinum Realty - Kansas City, MO
Kansas City Real Estate 816-560-3758

Sevastian, an agent who agrees to take an overpriced listing is either a greedy bugger who just wants their name on the sign or not in touch with the market. Either way, it is not in the Seller's best interests.

Laura, LOL, sorry, not a magician.

Thank you, Carlotta, not everyone appreciates truth.

Nov 14, 2011 11:10 AM
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

Aren't realtor really "Superman" in disguise, I thought realtors can accomplish anything no matter what the conditions are, great blog I enjoyed reading it.

Nov 14, 2011 12:14 PM
Joshua Zargari
MJ Decorators Workshop LI staging and home decorating - Lynbrook, NY
MJ Decorators Workshop

Good morning Maria.

Those are great comments above...

Have a nice day.

Nov 14, 2011 10:04 PM
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

And yet, a whole lot of buyers and sellers believe that you do own the magic wand to do all that.

Nov 15, 2011 11:57 AM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Excellent post Maria. I agree with you on every point. This is a must read for every buyer and seller. Thanks for sharing!

Nov 16, 2011 07:22 AM
EC, JF, Double R and Zoey the Cool Cat
Russel Ray Photos - San Diego, CA

So many unrealistic buyers and sellers out there. I, on the other hand, when I bought my condo a decade ago was pretty much a pushover. I just wanted a place to call my own.

Nov 16, 2011 02:01 PM
Jim Frimmer
HomeSmart Realty West - San Diego, CA
Realtor & CDPE, Mission Valley specialist

And yet the buying and selling public keeps expecting us to do all that? When will it end?

Nov 20, 2011 10:16 AM
Pacita Dimacali
Alain Pinel - Oakland, CA
Alameda/Contra Costa Counties CA

Maria

Oh, but the clients do expect you to accomplish all of these. And when you're done, they want you to rebate part of your commission to them!

Nov 23, 2011 04:47 PM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

Oh, the buyers who think that upsetting the seller and then asking for a second chance works just don't realize how foolish it really is. I've yet to see a bull headed buyer get the home they wanted because of their actions. 

 

Nov 24, 2011 05:14 AM