[quote=Aecetia]I think it is desperation. I sold a house a couple of year’s ago and many realtors called even though we specified no agents. It was a FSBO. Anyway, it sold fast (one week). The buyer knew what they wanted and was qualified with a loan from the credit union. We then pulled the ad, but I received calls from agents for over a year. Not every day, but steady, about once a month. This was in early 2009. I am thinking things have gotten worse and this fellow is using a targeted group to market to. I think his letter and approach are tacky, but I am thinking there are some hungry realtors out there.[/quote]
You are right that there are some hungry Realtors out there.
I know because I am one.
My business cash flows positive and does well but anyone who is not super-motivated these days generally isn’t doing much business.
That being said, it feels good to not be desperate.
As far as not using Realtors:
On the seller side:
Avoiding paying commissions is a good idea if you can swing it.
HOWEVER, if you sold in a week as a FSBO, you probably did not get full market value.
That’s just the reality of today’s market.
But I put my money where my mouth is.
If you want, we will get a past appraisal done by Todd Lackner (whose integrity is pretty much beyond reproach) and if I am right, you pay for it and if I am wrong I will pay for it.
I am betting you sold at a discount.
PM me.
On the buyer side:
You are well within your rights to not pay a buyer-side commission to an agent.
You are not within your rights to deny a buyer the right to whatever consultation or representation they want.
If agents are bugging you though, just get their info and report them to the do-not-call authorities.
A few hundred bucks will be a great disincentive.
Better yet, get their info and offer to not report them for $300 each.
