My First Real Estate Experience: Co-Listing a Mansion

By
Services for Real Estate Pros with President of Retirement Media Inc.

My First Real Estate Experience: Co-Listing a Mansion

I had my accounting degree and working in the accounting department at Kemper Insurance's big regional office on Peachtree Street in Atlanta and in 1974 had gone back to college to get my AA in real estate and had just gotten my real estate license. 

I was still working in accounting but signed on part time with a local broker for part time RE sales. Back in accounting I had a good relationship with the big manager in LCE (Loss Control Engineering), whenever he would bring over his expense account we always had a good chat.

Well I told him about my new RE license and he happened to get orders to relocate and said he would give me a chance to list his home for sale if I co-listed with an experienced agent.  He told me from the beginning that if the house didn't sell in the listing period, that he would have to list with another agent, he just wanted to give me a shot.

I hooked with up with a senior agent in my office and we went over and listed his home. 

home for saleIt was a very nice large two story traditional home on a park. I was frightened and had no idea of what to expect but the co-agent did her job and all went well.  

My job was to update him of the activity on his home.

The house didn't sell but I always appreciated him giving me the listing and I did start to learn how to list and sell a home. Also how to keep an owner updated, no matter how painful that is.

Comments (10)

Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

Kudos to him for giving you a chance Robert.  Everyone was a "newbie" at one time and needed a chance.

Apr 06, 2014 11:41 PM
Karen Crowson
Coldwell Banker Residential Brokerage - Rancho Bernardo, CA
Your Agent for Change

Hi Robert, I just happened to see this post. If it was meant to be an entry into the contest, please leave a comment and a link to the original post here, so you'll get your entry points.

Apr 07, 2014 05:19 AM
Robert Fowler - 55CommunityGuide.com
President of Retirement Media Inc. - Braselton, GA
55+, Active Adult and Retirement Communities

Roger it is a good remember to me to "keep it going".  Thanks Karen, I forgot to post it, but have not.

 

Apr 07, 2014 05:30 AM
John G. Johnston
John G. Johnston & Associates, LLC - Westcliffe, CO
An Exclusive Buyer's Agent ~ Westcliffe, CO

Robert  WOW!  The last sentence says a lot...keeping communication open.  

Congratulations on 100,000 points.  The next 100 is easier!

Apr 07, 2014 10:35 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Robert, If only more people were that loyal and focused on helping those they know. You no doubt learned a lot from the experience.

Apr 07, 2014 11:32 AM
Kaye Swain
Keller Williams Real Estate Roseville CA - Roseville, CA
Your Roseville Real Estate Agent

What a grand story - very encouraging and a good lesson to take the bad (not selling) AND the good (getting the listing) and learn from all  

Apr 07, 2014 03:14 PM
Robert Fowler - 55CommunityGuide.com
President of Retirement Media Inc. - Braselton, GA
55+, Active Adult and Retirement Communities

John, yes 100k is a milestone. Kathleen yes I was impressed enought to remember 40 years later. Kaye, a remember we all had to start somewhere didn't we.

Apr 07, 2014 07:39 PM
Carla Harbert
www.LorainCountyHomeSales.com - Avon, OH
RE/MAX Omega: Lorain-Medina County Area

I needed to read something positive this morning ... good post.

Apr 07, 2014 10:43 PM
Jill Winchel
Royal Shell Real Estate - The Koffman Group - Cape Coral, FL
We make it easy. You make it home.

Beautiful home that you had the opportunity to list. Your friend allowed you to list...the right way. It is hard to trust a new agent with an important/expensive sale but if you co-list with an experienced agent that is a win-win for everyone. Sorry to hear that you didn't sell it, but you had the opportunity to learn.

Apr 15, 2014 07:10 AM
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

I know that feeling all too well.  Having to call a seller in a dreadfully slow market when you have no news.  But it is important to do just that.  

Apr 19, 2014 04:54 AM

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