Back to Results
Please enter a valid email address.
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.
"The broker, Jesse Buckler, said he told Mr. Sambrotto the apartment in the Lion's Head building on West 19th Street near Sixth Avenue was priced too low and wasn't drawing the right buyers.
By May, it went into contract, he said, after attracting multiple offers. It closed in the last few days for $150,000 more than the original asking price."
The facts on this case are misrepresented.Sure, the guy looks like a tool. But saying he made more money with an agent than without is speculation. In the article it says the agent lowered the price; therefore receiving more offers. If the dude would have just lowered the price himself, he may have received the same offer himself...minus the 6% commission on a $2Mil sale.
Besides, Manhattan is hardly representative of the US RE market.
Providing a service to others for a fee is smart business. The owners of ForSaleByOwner.com recognize a niche for their business...But offering a service to others is far different than offering to oneself...a surgeon would never operate on himself/herself...in this case, the providers of ForSaleByOwner.com were smart to recognize that representing oneself in a real estate transaction is not always the best policy. As a 20 year veteran of real estate, I can attest that good systems backed by good service do have a real, measurable financial upside to clients. The people I work with recognize that we are worth our fee because of the service we provide. Yes, they can list on that website, but they don't...Kudos to ForSaleByOwner.com for recognizing the value of professionals in professional services!!
Please enter text in the "Enter the text to display" field.
Please enter text in the "Enter URL" field.
Please enter a valid URL.
Please insert a video embed only
Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.