Wednesday, March 10, 2010

Clueless Agents

I guess I'm going to be a little brutal this morning, but I hope no one takes offense. Because when it comes right down to it, it's your money and time we're talking about here.
At our morning meeting today we discussed how it seems that most real estate agents aren't taking the time to educate their buyers and sellers about what is going on. One particular instance was a realtor put an offer on a home, for some clients, that was $20,000 less than the listing price. Now the offering agent had did his homework and found that comparable homes in that area were selling for the amount that they offered. The listing agent said they would not even consider the offer because it was too low. Now conventional wisdom says that they should of, at least, made a counter offer. But no, they didn't even do that. Obviously this agent was more concerned about getting the listing for these peoples home than he was educating them to the point where they could sell their home. Too many agents are worried about having listings more than they are worried about what's doing best for the people they represent.
I take pride in knowing that when you hire me I will show you with third party material about what is happening. According to the experts, our current home values are going to drop another 10 to 20%, and not get back to where they are right now until May of 2013. Home values will not get back to where they were in 2006 until 2023 at the earliest. If you want to know the specifics as to why this happened I will be happy to share that information with you. Just call me.
If you need to, or want to, sell your home you need to hire a professional agent that will not play games, fill you full of false hope, or promise you pie in the sky that can't be delivered.
On a brighter note, I really enjoyed the commercial shoot yesterday. The commercial will be seen on ESPN, TNT, & WXMI to name just a few. Look for a balding, shiny head in the back.
Take care everyone and have a great day.
Dave Johnson
Your Real Estate Expert

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