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Real Estate Agents.

Started by Super T.I.B, February 05, 2009, 07:14:52 PM

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Dannog

I've never sold but I have purchased a few. I remember how the agent was alway the one telling me what they thought I should offer. Thinking about that somehow they may think your more desperate than you saying!

+1 on the quick sale is a good sale thing. There like used car salesman, you can't sell to someone who's not on the lot so they'll grab the first joker who is alive and tell them what they want to hear to get them into the house. If they can get a buyer to sound genuine you'll brake..... stories always ... finance ready to go etc.

Hang tight..... unleast until you are desperate!

tricolore

Simple maths based on their commission, If the house is listed and you sign an  agreement for an agent to sell it they make a commission based on the sale price. If you agree to pay 2.2% (incl GST) for argument sake, you want $250,000. If they sell it for the $250k the R/E office gets 2.2% = $5500. Of that $5500 the actual agent gets a portion of that Say 30% = $1650. If he can get you a buyer with little effort for $20k less thats 2.2% of $230000 = $5060 to the office and $1518 to him.
Would you do overtime, make 30 additional phone calls and spend saturday morning running open homes for another 5 or 6 weeks for $132.00? Me either, thats why there are very few agents around who actually do put in the extra effort for their Vendor's, $20k -$30k to you is alot of money to us but means sweet F/A to the bloke selling the house who just wants to go home and see his kids (or root his secretary).
my 2c...
'08 S4RS Tri, '02 VOR En450, MV Agusta F4 Tracky, Ducati 900 Darmah.

ducsport

Another +1 on what all have said, Super. They are leeches, and a quick turnover is all they want. I once sold a house in a day. Thats right, listed, sign out the front, and sold the same day. Just dead lucky, but the offer came in below the ask at first. We held out, for the obvious reason that the house was barely on the market, and the buyer caved and offered full price, which we took. If you can hold out, do so, and make 'em earn their money.

Super T.I.B

Well, we had a bit more action on Saturday with the house. I got home after the party & there were people still looking at it. Wifey wasn't too happy that I didn't tell her there were people coming to look, I didn't know as well as I was on the bike on the way home. She was sitting in the pool when they turned up. Drinking  [wine]

So, fingers crossed, a couple of offers will come through today.  :D


Jukie

thats great news Super, fingers crossed
Before Honda CB125N
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Now.   Ducati 620ie
          Lambretta Li150
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