Do Some Agents Sell Anything? | How Can They Help Someone Else?

By
Real Estate Agent with Crye-Leike REALTORS® 165062

I noticed something funny the other day when I looked at the daily MLS hotsheet in Atlanta. Just when I thought I'd seen everything...I come across something new that was so outrageous I was dumbfounded!  I was in the section called "Price Reductions" and saw a home being reduced over 1 million dollars.  That is not totally usual, but the price was so high I looked a little closer.  Since I do not want to quote the exact listing I will created an example!

Price reduction from $63,000,000 to $62,000,000Really it was supposed to be $620,000(BROKER / OWNER)  That is quite and error!  As I looked closer the first thing I saw was owner agent, then I saw they were the broker ownerof the company! The scenario must have been no or little traffic on a listing and reduce the price slightly to generate buyer traffic.  If you look in the archives they had the wrong price for months, then went back in and changed it to another wrong number. I wouldn't mind the price is way off to begin with!  You do not buy a home in Atlanta for 380K one year and sell it for 620K a year later.  Not in this market!   You start to wonder if they have ever sold anything in their career?  If they are making errors with their own personal home with the wrong price, no pictures, no virtual tours, wrong directions how can they assist you if you are buying or selling a home?  The fact is they cannot.  I am a firm believer that "Success is in the details!"

The first thing we do when we take a listing is have the seller review the MLS entries for errorsIt probably is even a better idea if you have them initial it and fax it back that they have reviewed the MLS listing and found no errors or send you an email wiht an approval or enumeration of mistakes!  It is too late when several months later you find an error that  prevented any showings!

Jim Crawford

 

 

 

 

Subscribe To Our Atlanta Real Estate Blog in a reader

Subscribe Now!

...with web-based news readers. Click your choice below:

addtomyyahoo4Subscribe in NewsGator OnlineAdd to My AOLSubscribe in RojoSubscribe with BloglinesAdd to netvibesAdd to GoogleOutpost 

Posted by

James Crawford ABR, Broker Associate

 

 

 

 

Atlanta Real Estate | Atlanta Homes for Sale - Call Now!

 

678-595-5283 Direct

 

What's My Home Worth?

 

Jim Crawford Crye-Leike REALTORS® AtlantaAtlanta Real Estate AgentsAlpharetta GA Homes for SaleAtlanta Luxury Homes, Dunwoody GA Homes for SaleAtlanta Real Estate &  Atlanta Homes for Sale,  Gwinnett Homes for SaleAtlanta Real Estate BlogCumming GA Homes, Decatur GA Homes for Sale.   

Atlanta Homes for Sale | Atlanta Listing Agents | Atlanta Buyers Agents

 

Atlanta Real Estate for Sale

 

Buying A Home

 

Selling A Home in Atlanta

 

Atlanta Real Estate Agents - Contact Us

  

Jim Crawford Atlanta Real Estate Social Media icons

Search Listings

Search By
City
Type
Price -
Beds/Baths /
 
 More Options
 Map Search
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Georgia
Groups:
Real Estate Rookie
Tags:
atlanta real estate errors incorrect entries mistakes inexperienced agents not selling no traffic wrong prices pricing listings listed wrong

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
1,485,851
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR
Lindsey Hasford  I can, but I decided I didn't need to see anymore!  LOL!
Jan 31, 2008 01:52 AM #14
Rainmaker
472,839
Colleen Fischesser Northwest Property Shop
RE/MAX Advantage | Managing Broker - Chelan, WA
A Tradition of Trust in the Pacific NW since 1990!

"Success is in the Details" a truer statement I've never read!! I suppose it's a good thing this was Broker's own house. Unbelievable no one in the office noticed.

Colleen

Jan 31, 2008 02:00 AM #15
Ambassador
1,485,851
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR
Maple Valley WA Broker/Owner Colleen Fischesser 425-432-5400  I am sure most agents do not even check the daily hotsheet or know what it is!   Very scary!
Jan 31, 2008 02:22 AM #16
Rainmaker
306,981
Vanessa Stalets
RE/MAX Elite - Brentwood, TN
REALTOR, Brentwood TN Homes, Real Estate
I do check the hotsheet and I cannot believe such a grievous error went unnoticed by the broker/owner. Wow! Details are what we are being paid ultimately to know and take care of correctly. Sheesh!
Jan 31, 2008 03:14 AM #17
Rainmaker
635,293
Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate
I was so frustrated months ago when I had buyers that specifically needed 4 bedrooms.  Well, I searched and found some, made appointments and off we went.  Two of the homes only had 3 bedrooms.  We kept looking and looking all through the house for the hidden door to the 4th bedroom.  Nope, wasn't there.  It wasn't even like it was a 3 bedroom with a bonus room that they were trying to claim as a bedroom - it was simply that there wasn't a fourth bedroom.  I had emailed both agents to let them know of what I thought was an oversight on their part.  For months, they STILL didn't change it.  If the homes would have been marketed properly, even if they were only 3 bedroom homes, they may have had more targeted buyers and an offer!  Okay - don't with rant.....
Jan 31, 2008 03:25 AM #18
Ambassador
2,739,883
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

I'm laughing out loud. 

I get so many telephone calls from my IDX site from someone who wants to know if they can really buy that beautiful 4 bedroom, 3 bath, 3 car side load house on 3 acres for $3,000?????

Clearly the listing agent didn't proof the listing after entering it.  What's even sadder is that the listing may have been on the market like that for weeks. 

I wonder how many "quiet" E&O settlements go on without any publicity.  This is clearly a cause of action against a listing agent. 

I think the buyers live in a cave. 

 

 

 

Jan 31, 2008 03:59 AM #19
Ambassador
1,485,851
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR
Brentwood TN Real Estate- Vanessa Stalets  The sad thing is the homes has been on for a while!  No shows, no calls...No Duh!  LOL!  What about the agents that work for him?  Are they in good hands if he cannot review their contracts for details?
Jan 31, 2008 06:24 AM #20
Ambassador
1,485,851
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR
Leesa L. Finley, Realtor®   In situations like that, you can directly turn them into you MLS and your REALTORS.  That is manipulation and dishonest!
Jan 31, 2008 06:26 AM #21
Ambassador
1,485,851
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR
Homefinders, Real Estate in MD & VA, Lenn Harley, Broker, New & Resale Homes  It is so sad that the agents are so lame, and buyers even more so!  There ought to be a law aganist being so stupid and lazy!
Jan 31, 2008 06:28 AM #22
Rainmaker
600,281
Jim Lee
RE/MAX Shoreline - Portsmouth, NH
Portsmouth NH Realtor, Portsmouth, NH
Sound advice Jim. It's amazing how many sellers never see what their MLS listing looks like (I know because I list a lot of them that expire unsold) ;-).
Jan 31, 2008 07:40 AM #23
Rainmaker
600,281
Jim Lee
RE/MAX Shoreline - Portsmouth, NH
Portsmouth NH Realtor, Portsmouth, NH
Sound advice Jim. It's amazing how many sellers never see what their MLS listing looks like (I know because I list a lot of them that expire unsold) ;-).
Jan 31, 2008 07:40 AM #24
Ambassador
1,485,851
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR
Jim Lee, Knoxville area Realtor®  Same here!  I think that is what a person gets when they do not qualify the agent / broker for past sales and experiences!
Jan 31, 2008 10:42 AM #25
Rainmaker
121,189
Jamie Parker Gwinnett
Exp Realty - Snellville, GA
Realtor, Snellville Homes

I do the same thing. I have my sellers look over everything once it is up to make sure that there are no errors.

Jan 31, 2008 12:47 PM #26
Ambassador
1,485,851
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR
Jamie Parker Atlanta and Gwinnett County Realtor  I don't know of any other way to do it! The more eyes the better!
Jan 31, 2008 01:34 PM #27
Rainmaker
94,274
Sharon Harris
Keller Williams Keystone Realty - Hanover, PA
Realtor
I like to send my clients a email right awy of there listing. However I am embarrassed to say that when I was really new in the business I once wrote a contract up on a house. Come to find out I had the wrong address on the contract. A big whoops.. I never will forget the embarrassment of getting the call from the listing agent explaining to me what I did. I always double check everything now. I learned early in the game..Sharon Harris Hanover Pa
Jan 31, 2008 11:16 PM #28
Ambassador
1,485,851
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR
Sharon Harris  Thanks for sharing.  Everyone does that from time to time.  It is very important to take it very serious.
Feb 01, 2008 01:33 AM #29
Rainer
80,366
Latonia Parks
Top Bragg Realty, Fayetteville NC, Home of the 82d ABN DIV - Fayetteville, NC
Certified Military Relocation Expert
That is what I call fat-finger syndrome gone bad. 
Feb 01, 2008 01:37 AM #30
Ambassador
1,485,851
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR
Latonia Parks  ROFLMAO! Too funny!
Feb 01, 2008 01:49 AM #31
Rainer
1,803
Jessica Cordell
Century 21 Hendershot Realty - Madisonville, TN
I can't believe that a broker / owner would not be more precise on details. I hope he keeps his files better than that. Jessica Cordell
Feb 05, 2008 06:14 AM #32
Ambassador
1,485,851
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Most of us assume the broker has to have experience!  Just because a person has a brokers license does not mean they have any experience.  In some states there is just a time requirement that you ave to be licensed for "X years" to be eligible to take the brokers test.  This may be coupled with some education requirements.  It should always include you should have closed at least "Y Deals!"

Feb 05, 2008 07:03 AM #33
Post a Comment
Spam prevention
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
1,485,851

Jim Crawford

Jim Crawford Atlanta Best Listing Agents & REALTOR
Contact Me Now!
*
*
*
*
Spam prevention

Additional Information