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To List or Not to List? That is the Question

By
Real Estate Agent with Long & Foster Real Estate, Inc.

When a consumer finds your blog and contacts you about listing their home, it's always a compliment.  But sometimes that consumer owns property outside the immediate area of your office and focus area.  How would you handle this situation?

For Sale Sign - iclipart.com

Over the years, I've known many agents who would say "No, refer it to another agent!"  And so, I ask, "Where do you come down in this debate?" 

For me, it boils down to this:  "Can I help these sellers achieve their goals while achieving mine?"  If I can't do both, I'll refer the lead.

 

I'm faced with this question right now, having recently received a lead via the ActiveRain "contact" button for a potential listing in Linthicum Heights, Maryland.  The deciding factor for both the seller and me in determining whether to partner for the sale of their home is, I think, the one that brought us together in the first place.

They believe the most likely purchaser for their home is a relocating home buyer with a new job at Northrop Grumman, Fort Meade or BWI.  That's exactly who I have been targeting with much of my marketing and blogging.  This older home on an acre plus lot will appeal to a completely different buyer than the planned subdivision homes in and near the Crofton area, although the price is about the same.

It's not a perfect match for either of us, but I think it's a very good one.  They have a home I can sell, and I have the expertise and experience to get it done for them.  This situation DOES fit my litmus test:  I can help these sellers achieve their goals while achieving mine. 

 


Copyright notice

Margaret Woda's blog footnoteMargaret Woda is a licensed Associate Broker in the Washington, D.C. - Baltimore - Annapolis area.  She specializes in Anne Arundel, Howard and Prince George's Counties, Maryland, including Fort Meade, Andrews AFB, and the U.S. Naval Academy.  If you enjoyed reading this post, check out Focus On Crofton and Your Online Relocation Package for Anne Arundel County.

 

Posted by

This infoMargaret Wodarmation was provided to you by Margaret Woda, an Associate Broker with Long & Foster Real Estate in Crofton Maryland. Contact Margaret today for general real estate information or to learn how she can help you buy or sell a home in Annapolis, Bowie, Crofton, Davidsonville, Gambrills, and Odenton. 

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Comments (11)

Harrison K. Long
HomeSmart, Evergreen Realty - Irvine, CA
REALTOR , GRI, Broker associate, Attorney

Margaret ... thanks for this post .. and encouragement for us all to think about whether we can help our client achieve their goals.  That's what we do in real estate.

Sounds of Irish .. Celtic Fiddle Fest .. Happy St. Patrick's day greeting to you.  http://blip.fm/~32l5r

Mar 17, 2009 04:30 AM
Fran Gaspari
Patriot Land Transfer, Inc. - Limerick, PA
"The Title Man" - Title Insurance - PA & NJ

Margaret,

Good litmus test for you and the consumer...!!! Thanks,   Fran

Mar 17, 2009 06:33 AM
Bruce & Mary Smith
Savannah Lakes Homes - McCormick, SC
REALTORS, Savannah Lakes Village McCormick SC

Margaret - You're right.  The consumer is #1 but we should always consider their goals in relation to what we do!  Go Green for St. Patrick's Day!

Mar 17, 2009 06:55 AM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

Happy St. Patrick's Day to All!  Sometimes we want to help consumers but it will conflict with our own goals or vice versa.  In this case, it's works for both of us.

Mar 17, 2009 07:17 AM
Tom Boos
Sine & Monaghan Realtors, Real Living - Grosse Pointe Farms, MI
Providing the very best of service to Sellers and

I agree with you.  If my goals and those of my sellers can both be served well, then by all means accept the invitation to list. 

Mar 17, 2009 07:34 AM
Kathy Sperl-Bell
Active Adults Realty - Lewes, DE

Margaret,

I agree totally. Those that try to be all things to all people won't be of much good to their clients or themselves. By focusing on your target market, I'm sure that you end up converting a large percentage of prospects into clients for life. Thanks for sharing your thought process.

Mar 17, 2009 09:23 AM
Russell Lewis
Realty Austin, Austin Texas Real Estate - Austin, TX
Broker,CLHMS,GRI

"If I can't do both, I'll refer the lead." I completely agree and it's important that we remember that we have only so much time and need to spend it as productively as possible. For our clients and our selves! It's about setting realistic expectations! Thanks and Happy St. Pat's!

Mar 17, 2009 02:23 PM
Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re

More agents need to think that way. We are offering a service and can we provide the best service available or can some one else do a better job.

Mar 17, 2009 03:31 PM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

Update to this post:  Seller didn't like my realistic estimate of likely sale price, so another agent gets the nod.  At that price, I know I couldn't accomplish either their or my goals. 

Terry - it was a lesson learned over time, and it serves me well.

Russell - Thanks for the comment and warm St. Pat's Day wish

Kathy - You're welcome.

Tom - It looks like a pie-in-the-sky list price is more important than selling, so it turns out the sellers and I don't have similar goals, after all.

Mar 18, 2009 09:29 AM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Margaret if you think you can service this listing go for it.  I know with your experience you will make the right call.

Mar 18, 2009 03:26 PM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

I use the same decision making process as well. I have no problem giving out a referral if it is in the best interests of the client.

Mar 20, 2009 11:37 PM