Entry Only Rhode Island Housing Market Is Up For Negotiation!

By
Real Estate Agent with Keller Williams Central Rhode Island Licensed in RI: 35311

With active entry only real estate market in Rhode Island in towns in Kent County the owners of these properties will be the ones doing the showing and the listing agent will not.

What does this mean for Buyers who would like to purchase an entry only home?

It means that if you view these homes represented by a real estate agent who is working in your best interests as a designated client representative you will be better armed to negotiate.  With the number of listings to choose from declining down to nothing right before our eyes, competitive offers on most properties is the name of the game.  But with entry only listings many times the "comps" your trusted buyer's agent will put in your arsenal will make these listings look unrealistically priced.  You may not even see these listings because they are out of your price range as listed, right?

Wrong!

You can afford these homes in Kent County Rhode Island because you can always negotiate and the sellers will appreciate the offer. You would be surprised. 

 
These are golden listings in East Greenwich, Warwick, West Warwick, Coventry, and West Greenwich. Check out great opportunities of homes for sale right now as entry only in Kent County Rhode Island.


How much should buyers offer?

It depends on the market in whatever town in Kent County you are looking in: East Greenwich, West Greenwich, West Warwick, Coventry or Warwick! There is not much on the market right now in September 2014. Get a great buyer's agent who can negotiate these homes to the right price and enjoy. 

How much home can you afford? Let us help you get an answer!


Should I Sell Entry Only?

get a free home valuation

You certainly can and if you do and are successful you may think of getting your license. But the brokerage fee discount comes with a price and you will not get the same customer service as you will with a full-service listing.  The choice is yours.

But now the number of active properties on the market in Kent County is dwindling and it is a good time to list your home whether you are going to do it entry only or not!

If you'd like an estimate on how much you could sell your Rhode Island home for, click that link and we'll get started figuring out how much your home specifically will sell for.

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Topic:
Home Buying
Location:
Rhode Island Kent County
Tags:
for sale by owner
negotiate
rhode island
warwick
entry only
coventry
west greenwich
west warwick
east greenwich
competitive offers

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Rainmaker
1,353,615
Jeff Jensen
The Federal Savings Bank/Lending in 50 states - Greenwich, CT

I have never encountered the term "entry only" before.

Sep 17, 2014 07:32 AM #1
Rainmaker
1,613,169
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

This is fantastic information. Thank you for sharing and best of luck!

Sep 18, 2014 08:02 AM #2
Rainmaker
108,749
Brian Olsen
Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes - Lake Oswego, OR
Cooper Jacobs Real Estate Group | Keller Williams

Q. What is an "Entry Only Listing"?
A. When a property is listed in the MLS as an "Entry Only Listing", it is identified as such so Buyer's Agents know that is a limited service listing. That way Agents know the Agent that listed the property (Listing Agent) is only entering the property in the MLS and does not provide any other services to the Seller. 

Is this about right Allison?

Sep 23, 2014 08:13 AM #3
Rainer
111,276
Allison Bernard
Keller Williams Central Rhode Island - East Greenwich, RI
Real Estate & Relocation Services 401-533-6916

Brian: I would not agree with that Brian as they are still at the very least a transaction coordinator in Rhode Island still bound by the NAR code of ethics and the department of regulation licensing commission. But it does seem like in almost all cases, if I want to show this kind of listing I seem to always talk directly with the owner.

Jeremy: Thanks

Jeff: In our MLS some agents will offer this service and I wonder why they do.  How can they uphold agency and the code if they are not following the entire transaction? I am sure they follow their own proven systems and models.  Yet, when looking for deals for my buyer I start with these listings first in the higher price bracket. Since the owner's are not privy to the same data analysis I am privy to it gives me a leg up. I feel the same way about properties that are owned by the listing agent.

Sep 28, 2014 09:12 AM #4
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Rainer
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Allison Bernard

Real Estate & Relocation Services 401-533-6916
Call Allison Bernard Rhode Island REALTOR 401-533-6916
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