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January 4, 2009 at 9:27 AM #324047
SD Realtor
Participant

sdr if we are thinking about the same agent does she have the initials KK? If so she seemed to do fine as a listing agent when we were on the other side of the transaction with her. That is the only agent I “called out” so to speak.

Also as far as costing her clients money in the other transaction I was involved with her in, she could not convince her clients to take a low offer which yes in the end cost her clients money.

However I do not agree to put blame on an agent who cannot convince a seller to take a lower offer. In some cases as you are well aware, sellers can be blinds as bats when it comes to pricing. You can show them the comps, you can show them the market conditions, and present as much data as possible, but in the end if they choose to live in denial then that is thier own choice. Of course it is that agents choice to take the listing or not but I am not sure you can blame the agent unless you have insight into the client agent relationship.

I do believe the majority of listing agents out there do indeed mislead clients about pricing. In that sense there is a listing I passed on in north county that this agent did indeed take and of course it went nowhere. Conversely I did take a listing last year in north county as a favor for a friend and they priced the home about 450k higher then my recommendation. You are probably familiar with the home. I told them it would never sell and of course they chased the market down and it never sold.

Sometimes there is nothing you can do.

Cabal there are alot of independents out there who list at 1% and up including myself. Again, interview lots of different people. Also don’t let commission drive your decision. Find the agent who works for what you need. Indeed what you may want is a full service agent who knows you neighborhood very well and may have some pocket buyers looking for what you own. Additionally he/she may run open houses every weekend and such and put extensive marketing campaigns together for you.

Frequently people get caught up in the commission but in the long run, what is important is that you get an agent who does what you want them to do. Maybe you pay more for it but it may be the right choice.