Home › Forums › Closed Forums › Buying and Selling RE › “Firing” my agent
- This topic has 5 replies, 5 voices, and was last updated 13 years, 1 month ago by
urbanrealtor.
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March 4, 2012 at 7:16 PM #739289March 5, 2012 at 11:48 AM #739308
ocrenter
ParticipantIs the 6 month contract pretty standard in the industry?
Also, I would think the agent after a couple of months without any bites would probably not put up too much of a fight to keep the listing.
March 5, 2012 at 12:23 PM #739312sdrealtor
ParticipantListing periods are negotiable but 180 days is standard. Sometimes I will agree to shorter but it depends upon the situation. If I think the price the seller wants to ask is high I am more likely to require the full 180 days. I often invest alot of money upfront to sell a home and want time to prove to the seller we have tested the market. It takes time to get some sellers to realize that the only wrong is the price. I am not saying this is the case here.
March 5, 2012 at 6:41 PM #739327ocrenter
Participant[quote=sdrealtor]Listing periods are negotiable but 180 days is standard. Sometimes I will agree to shorter but it depends upon the situation. If I think the price the seller wants to ask is high I am more likely to require the full 180 days. I often invest alot of money upfront to sell a home and want time to prove to the seller we have tested the market. It takes time to get some sellers to realize that the only wrong is the price. I am not saying this is the case here.[/quote]
Makes sense. Especially with the professional photography, the sign, ads, and the number of open houses. Well, hopefully all of these were done for the OP.
I do share the OP’s concerns though. It is the beginning of the spring buying season. If the current realtor has not demonstrated competency, I can see his fear of wasting away precious spring and early summer under the “wrong” realtor.
March 5, 2012 at 8:56 PM #739331urbanrealtor
ParticipantAs a general rule I don’t do many “regular” listings.
Most are short sales.
When I do handle regular listings, I really try to get a very clear list of duties from a seller.
I recommend that every seller do this.
Just a list which you email to your client of the minimums you expect.
EG:
2 open houses per month.
1 emailed status report every Monday
2 broker opens during the listing period.
professional photos
free back rubsThe point is that SD and sdr are right.
Often the the final problem is the fact that the seller thinks they understand the market and cant part with their higher price point expectations.Most problems can be solved with money or explosives.
Properties without offers are no exception. -
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