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Answers (24)
- kmostos
- Contributions:6
we together set the price
- Linda Strasberg, "L Strasberg"
- Contributions:2316
kmostos...I wasn't looking to chat with other agents...I thought this is a site where folks come to find out what the value of their homes are so they can list them with a good agent.
- Mark LeMenager
- Contributions:1716
Pretty simple. 8 months on the market with one visitor means the price is WAY TOO HIGH. Maybe you listing agent knows this and doesn't want to waste time on a useless open house. Who set the price?
- Rochelle Koerner, "rkoerner"
- Contributions:75
Does the agent work for a principle broker? Usually your contact to list your home is not actually with the agent who presents it, but with the principle broker who oversees their office. If you are not satisfied with the service you are being given, call the principle broker. Tell them what you see as the problem and ask them to either fix the problems or assign you a different agent. Hope this helps.
- PropertyGuy007
- Contributions:1
Bottom line is that your are giving the agent a real opportunity. I never sign contracts with agents. This is the typical outcome. You can sell my house and if I think you are doing a good job then I will keep you on. If not then I will find another more responsive agent.
I would send the agent a letter statinng your grivences, a path and time frame to remedy and a notice that you are going to drop him if he does not execute. Send it certified mail with signature delivery.
Drop him and then let him take you to court. -- that would be my approach.
I would send the agent a letter statinng your grivences, a path and time frame to remedy and a notice that you are going to drop him if he does not execute. Send it certified mail with signature delivery.
Drop him and then let him take you to court. -- that would be my approach.
- David Fairwell, "davidfairwell"
- Contributions:101
Did the agent include open houses as a part of the services they offer?
Have your goals changed?
David
Have your goals changed?
David
- kmostos
- Contributions:6
I know Linda, but can you tell me what will be another way to answer you?
- Randolph Leslie Smith, "RandolphLSmith"
- Contributions:156
Yes, for example, drop it $5000 per month until offers start coming in.
If it goes so low you don't want to sell it, keep it. It's that simple.
Only real offers will tell you what it is really worth today.
This is not rocket science.
If it goes so low you don't want to sell it, keep it. It's that simple.
Only real offers will tell you what it is really worth today.
This is not rocket science.
- Linda Strasberg, "L Strasberg"
- Contributions:2316
Kmostos do you realize that you're asking and answering your own questions? I notice several agents create another account only to ask some rediculous question and then answer it...what's with that?
- kmostos
- Contributions:6
ok, so what you suggesting me is to bring the price down even more, because I have done it already,from 269 to 245.
- Randolph Leslie Smith, "RandolphLSmith"
- Contributions:156
Don't waste your money on an attorney. It is not going get you a dime more for your house or make it worth any more than it really is.
Either drop your price,
or
sit on it for 5 to 20 years until it gets back up in value you're hoping for.
People are not coming to see your house because your Realtor sucks; people are not coming to see your house because your PRICE SUCKS.
Either drop your price,
or
sit on it for 5 to 20 years until it gets back up in value you're hoping for.
People are not coming to see your house because your Realtor sucks; people are not coming to see your house because your PRICE SUCKS.
Sorry for your lousy situation. First, I would simply ask the agent to agree to void the contract so that you, each, can move on. I doubt that either of you are very happy with how things are going with this sale. If the agent does not want to void the contract, speak with the responsible Broker for the Agency. The Broker may be able to over-rule the agent and void the contract for you.
If neither of these options work, I think you should consult an attorney. You may need a judge to step in for this one.
After you move out from this situation, I suggest that you interview a large pool of agents about your property. Ask for frank advice and feedback, and chose the agent that you feel will do the best job for you.
Good luck with this.
Bill P.
If neither of these options work, I think you should consult an attorney. You may need a judge to step in for this one.
After you move out from this situation, I suggest that you interview a large pool of agents about your property. Ask for frank advice and feedback, and chose the agent that you feel will do the best job for you.
Good luck with this.
Bill P.
- Randolph Leslie Smith, "RandolphLSmith"
- Contributions:156
Keep dropping the price until you get activity.
Then you will have found current market value.
You are not going to get what you hoped for, and no agent is going to make that happen for you.
The bottom line is ALWAYS PRICE & EXPOSURE.
Then you will have found current market value.
You are not going to get what you hoped for, and no agent is going to make that happen for you.
The bottom line is ALWAYS PRICE & EXPOSURE.
- Linda Strasberg, "L Strasberg"
- Contributions:2316
That's easy...just ask in writing to cancel the listing agreement and copy the broker...was it suggested what price you should list it for or did you tell them what price to list it at???
The broker may try to assign another agent to save the listings. It'll be your decision.
The broker may try to assign another agent to save the listings. It'll be your decision.
- kmostos
- Contributions:6
About a month ago I brought the price down and still nothing.
- Perre Sold!!
- Contributions:7
I will have to agree with the other contributions this seems to be a case of an overpriced listing one showing in eight months Hmmm. Before you think of firing you agent call them in tell him to bring up to date comps bring solds but most of all bring the actives the competition see what the buyers are seeing go on the website the buyers are on think like a buyer and ask you self realistically would i pay this much for this house if i were buying now. Act like a buyer for the weekend and go visit the competing houses in your area with your agent and see what you are up against then price your home to suit, because at the end of the day a PRICED RIGHT HOME always sells even if the agent sucks!!!
Pierre Sold!!!
Pierre Sold!!!
- Jeff Konstant, "jkonstant"
- Contributions:1970
Before you try to terminate your contract, call several agents and have them come by and make their presentations. Agents cannot solicit you, but you can solicit them and open that door. You may find a more enthusiastic individual, but don't be fooled by that. Look closely at their numbers and plan.
One showing in eight months seems to be a pricing issue and the blame falls on you both.
One showing in eight months seems to be a pricing issue and the blame falls on you both.
- Randolph Leslie Smith, "RandolphLSmith"
- Contributions:156
This sounds more like a case of an overpriced listing.
If that is the case, all agents will suck in your view.
No agent is going to be excited about holding an open house on a property that is so overpriced >
Only one person has showed up in 8 months to see it? HELLO!
I can see some lights on, but is anybody home?
- Randolph Leslie Smith, "RandolphLSmith"
- Contributions:156
This sounds more like a very overpriced listing.
If that is the case, all agents will suck in your view.
Best re-examine all aspects of this situation before blaming it on an agent who knows the futility of holding an open house when it is so highly overpriced that >
Only one person showed up in 8 months...... HELLO !
I can see some lights are on but is anybody HOME?
If that is the case, all agents will suck in your view.
Best re-examine all aspects of this situation before blaming it on an agent who knows the futility of holding an open house when it is so highly overpriced that >
Only one person showed up in 8 months...... HELLO !
I can see some lights are on but is anybody HOME?
- rfetters
- Contributions:48
When you list with another agent, try to get a shorter contract. Our agent proposed 90 days, which seemed very reasonable.
Show your agent this thread.
- tlimstliy3
- Contributions:2
That is very good to know. Would have really helped me 2 years ago. Good luck kmostos.
[link removed by moderator]
[link removed by moderator]
- kmostos
- Contributions:6
Hi Trish,
Thank you so much first for quick respond second for detailed and clear answer.
I very much would like a recommendation.
Kind regards,
Katya.
Thank you so much first for quick respond second for detailed and clear answer.
I very much would like a recommendation.
Kind regards,
Katya.
- Trish Giassa, "CrestedButteBroker"
- Contributions:11
kmostos,
Believe it or not, you can cancel your listing contract. The best way to do that is to avoid insulting him but tell him you don't feel things are working out and you would like to be released to list with another broker. If he resists, call the broker, asking the same thing. If the broker resists, then write a letter to both demanding a full release. If you have an attorney, cc the attorney and your letter will get more attention.
Unfortunately, some brokers don't like to release listings but those are the ones that don't do a very a good job.
I tell every seller they can cancel their listing at any time I am not fulfilling my function and promises.
So, for your next broker, interview at least two brokers, carefully. Get their marketing plan in writing, with timelines if possible. Ask if you can cancel if they don't fulfill their end of the bargain. Ask for it in writing. Don't choose the broker who gives you the highest price, choose the one with the most aggressive marketing plan and good references. Must be tech-savvy these days too. If you would like a recommendation, let me know. I have colleagues all over the country, or ask a trusted friend for a recommendation. Ask them why they recommend the broker/agent. Then, price per their advice. If your price was on target you would have gotten more showings in all this time, in spite of poor representation. These days, though, you need a good price and top-notch marketing both to sell successfully.
Sorry for the LONG reply. Good luck!
Trish at [link removed by moderator]
agent sucks
We have a contract with an agent that really sucks, he is not even willing to do open house.The house have been on market for 8 month and we had only 1 visitor.
The real problem is that we have a contract with him for a year.What you suggest us to do.How can I get out from him?
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