Solano County Real Estate, WARNING !!! HOME SELLERS do not let your home be bought, get it sold!

By
Real Estate Agent with Gateway Realty

   Are you currently in the process of selling your piece of Solano County Real Estate?  Or are you looking to have your home "bought" by a real estate agent?  If you did not know, there is a HUGE difference between the two.  This difference can affect whether your home gets SOLD or SITS on the Solano Real Estate Market!  There is a term in the real estate industry  that we use and it is called, "buying a listing".  I'd just like to warn you, before you get excited about a real estate agent "buying your listing" let me first explain what it is.  "Buying a listing" is a manipulative strategy that unethical real estate agents use in order to have a home owner like yourself list with them.  This strategy involves a real estate agent telling homeowners that they can get MORE money for their house than what a Comparative Market Analysis in the Solano County Real Estate Market shows.  If an agents says that they can get you more than what a comparative market analysis shows then that is a HUGE red flag, and even if they can show you their own list of "comparables" that "match" the price they are suggesting to list your home at, it is important that you interview at least two other agents for the job to sell your home to ensure that the comparables that the first agent has given you are somewhat relative in price and other factors.

Why would an agent want to buy my listing?

 There are many reasons why an agent would want to buy your listing, here are a few.

  • After they have your listing they will continually beat you down by asking you to continually reduce the price to what you can really sell your house for.  (Which will probably not even be close to the "comparables" that they have shown you.
  • Gain more exposure by putting their sign in front of your house and advertising themselves as your agent.
  • More exposure helps them if you live in a neighborhood that the agent is trying to break into.
  • Makes their inventory look huge when trying to sell themselves to other homeowners who are trying to sell their home, when in all actuality they have a bunch of overpriced homes that will not sell.
  • Makes them think that they are doing something productive at the expense of a homeowner.

To avoid this I suggest that you interview at least 3 other agents and when you do interview the other agents choose   the agent that you feel most comfortable with, and who seems to be working in YOUR best interest, not theirs.  Don't let your home be "BOUGHT"!  Get you home SOLD.

If you plan to sell your home or your piece of Solano County Real Estate in Fairfield, Vacaville, Vallejo, or Dixon give me a call.  I would love to have the opportunity to apply for the position to sell your home.  Contact me, Ryan Vivo, Real Estate Agent and Solano County Real Estate Expert, Gateway Realty at 707-384-5894. 

Picture Credit  

© Bora Ucak | Dreamstime.com"

P.S. read  "why you should price your home right"!

Comments (5)

Mike Jones
SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ
Mike Jones NMLS 223495

Ryan,

Thanks for commenting on my blog; I came by to reciprocate, and noticed your html tag: "selling tips."  You might want to use tags that people searching the internet for a home in Solano County might enter into google or yahoo as a search term.  That way, they're likely to find you.  In almost every post I write, I have the words (and html tags for) tucson, mike in tucson (my brand), tuscon mortgage, and Arizona.

Much Success!
Mike in Tucson

Apr 07, 2008 11:14 PM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate
Ryan this is something we face as agents everyday. I have added a whole report on this with my pre-listing package much like you just did here on your blog. It is one of the most frustrating parts of our business.
Apr 10, 2008 12:03 AM
Carla Harbert
www.LorainCountyHomeSales.com - Avon, OH
RE/MAX Omega: Lorain-Medina County Area
Ryan, good post...I loved the devishish pic, always good to add some humor to an actually serious post.  - Carla
Apr 17, 2008 04:45 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome
Ryan, You've made some great points for sellers. After reading one of your comments on anothe post, I am looking forward to "your" contest..
Apr 21, 2008 10:28 PM
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Overpricing is one of the deadliest sins of real estate. Unethical agents who try to buy listings by puffing prices are the second. :)


Apr 25, 2008 01:33 AM