Comments on: Cannot get rid of agent http://www.realtycomplaints.com/cannot-get-rid-of-agent/ RealtyComplaints.Com: Where You Can Report Your Real Estate Complaints Sat, 04 Feb 2012 00:21:49 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: lakefield rd - StartTags.com http://www.realtycomplaints.com/cannot-get-rid-of-agent/comment-page-1/#comment-580 lakefield rd - StartTags.com Tue, 02 Mar 2010 15:37:57 +0000 http://www.realtycomplaints.com/?p=33#comment-580 [...] Number: S605447Community: Lake Forest SouthTract: WbDARE TO COMPARE - MAGNIFICENT HOME IN ...Cannot get rid of agent @ Real Estate ComplaintsStop being a road block in the sale of your home. LISTEN to your agent, take on board ... [...] [...] Number: S605447Community: Lake Forest SouthTract: WbDARE TO COMPARE – MAGNIFICENT HOME IN …Cannot get rid of agent @ Real Estate ComplaintsStop being a road block in the sale of your home. LISTEN to your agent, take on board … [...]

]]> By: Tony Fantis http://www.realtycomplaints.com/cannot-get-rid-of-agent/comment-page-1/#comment-38 Tony Fantis Mon, 18 May 2009 03:44:46 +0000 http://www.realtycomplaints.com/?p=33#comment-38 Hi Jon, Sorry to hear about that! First, I'd recommend checking with the listing brokerage manager or principal broker. Sometimes they can re-assign you a new agent, though you'll probably need a compelling reason. It's common to "not see" an agent very much when they've listed your home. However, you should definitely be hearing from your agent regularly. It's the most common complaint in the real industry. Like most professions, you'll find some great agents and some not-so-great. The problem is it's kind of like finding a good dentist. You just don't know until you've tried them out. I can't guess from here about your price, though I can say that price is the number one reason a house doesn't sell. Condition and neighborhood play into it, as well...but then again, price ultimately determines whether you sell or not. Once you've got an offer, a skilled agent can make a huge difference in what your 'final' price is. That's where a great agent is worth his or her weight in gold. Best of luck with this! It is always frustrating when you're trying to sell your house and you're not sure why things aren't moving. Regards, Tony Fantis Hi Jon,

Sorry to hear about that!

First, I’d recommend checking with the listing brokerage manager or principal broker. Sometimes they can re-assign you a new agent, though you’ll probably need a compelling reason.

It’s common to “not see” an agent very much when they’ve listed your home. However, you should definitely be hearing from your agent regularly. It’s the most common complaint in the real industry.

Like most professions, you’ll find some great agents and some not-so-great. The problem is it’s kind of like finding a good dentist. You just don’t know until you’ve tried them out.

I can’t guess from here about your price, though I can say that price is the number one reason a house doesn’t sell. Condition and neighborhood play into it, as well…but then again, price ultimately determines whether you sell or not.

Once you’ve got an offer, a skilled agent can make a huge difference in what your ‘final’ price is. That’s where a great agent is worth his or her weight in gold.

Best of luck with this! It is always frustrating when you’re trying to sell your house and you’re not sure why things aren’t moving.

Regards,
Tony Fantis

]]> By: Leslie Blair, Realtor http://www.realtycomplaints.com/cannot-get-rid-of-agent/comment-page-1/#comment-37 Leslie Blair, Realtor Sat, 16 May 2009 14:38:07 +0000 http://www.realtycomplaints.com/?p=33#comment-37 In our state (KY) your listing is with the company/broker not the agent. If that agent moved away, you are still listed with that company. So you would call the broker/owner to cancel. Also, if you are buying a home after you sell, you are likely to get a great deal on the buy end, so its not so bad to take a hit on the sale. Out of Product, Price, Place & Promotion, it is usually a combination of all 4 that have prevented you from selling. What is the feedback on your home? Is your home the Best Priced for he Best Condition? (the winning combination!) And "Place" also included hours of operation--have you ever turned down a showing? In this market turning down a showing is like turning down an offer--they almost never re-schedule, they will find another home. Do you make it easy to show? "Leave message and go and show" or do you require notice? complicated showing instructions? So long as your agent took great photos, uploaded the maximum photos and wording allowed on the MLS, gets people in the door--then if it was PRICED right, it would sell. That's just my experience. (9+yrs) Good luck!! And the 5% goes to marketing, negotiating, from active, to pending, to closing, & lots more details--check out About.com real estate advice Elizabeth Weitraub. Several months of work. But you need to have trust between agent and client, and understand they are representing you & trying to help you sell your home. You need to go back over your motivation and time frame. If you dont need or want to sell, maybe its not the time. But its a great time to buy and get locked into a great rate & buy a great deal! In our state (KY) your listing is with the company/broker not the agent. If that agent moved away, you are still listed with that company. So you would call the broker/owner to cancel.

Also, if you are buying a home after you sell, you are likely to get a great deal on the buy end, so its not so bad to take a hit on the sale.

Out of Product, Price, Place & Promotion, it is usually a combination of all 4 that have prevented you from selling. What is the feedback on your home? Is your home the Best Priced for he Best Condition? (the winning combination!) And “Place” also included hours of operation–have you ever turned down a showing? In this market turning down a showing is like turning down an offer–they almost never re-schedule, they will find another home. Do you make it easy to show? “Leave message and go and show” or do you require notice? complicated showing instructions? So long as your agent took great photos, uploaded the maximum photos and wording allowed on the MLS, gets people in the door–then if it was PRICED right, it would sell. That’s just my experience. (9+yrs) Good luck!! And the 5% goes to marketing, negotiating, from active, to pending, to closing, & lots more details–check out About.com real estate advice Elizabeth Weitraub. Several months of work. But you need to have trust between agent and client, and understand they are representing you & trying to help you sell your home. You need to go back over your motivation and time frame. If you dont need or want to sell, maybe its not the time. But its a great time to buy and get locked into a great rate & buy a great deal!

]]> By: Bob Wray http://www.realtycomplaints.com/cannot-get-rid-of-agent/comment-page-1/#comment-36 Bob Wray Sat, 16 May 2009 10:59:24 +0000 http://www.realtycomplaints.com/?p=33#comment-36 The fundimental problem here is the preception created by most listing agents. In their listing presentations, they sell you on how great they are or how big their company is or how many homes they've "sold". The reality is, it doesn't matter who you list with. Your house goes on the same local MLS as every other agent in your area. The listing agent doesn't do anything until an offer comes in. Your price is the only reason you aren't selling. Buyer's agents don't care who you're listed with, they just want to find a home for their clients and get paid. Price is the only reason you aren't selling. The fundimental problem here is the preception created by most listing agents. In their listing presentations, they sell you on how great they are or how big their company is or how many homes they’ve “sold”. The reality is, it doesn’t matter who you list with. Your house goes on the same local MLS as every other agent in your area. The listing agent doesn’t do anything until an offer comes in. Your price is the only reason you aren’t selling. Buyer’s agents don’t care who you’re listed with, they just want to find a home for their clients and get paid. Price is the only reason you aren’t selling.

]]> By: peter http://www.realtycomplaints.com/cannot-get-rid-of-agent/comment-page-1/#comment-34 peter Sat, 16 May 2009 04:43:32 +0000 http://www.realtycomplaints.com/?p=33#comment-34 Hello there!! I feel your pain, but in todays market the buyers have the upper hand not the sellers when they dominated the market 5years ago. when they charge a commission it's their hard earn money, just like the average person with a 9-5 JOB, think also if the property is priced right it will attract more potential buyers qualified that is with all the banks reforms (that would be another subject), and now the agents would show the property with the best pay. Now think if you are an agent with choices of home to show & sell wouldn't you like to sell the highest paid commission property???? Hello there!!
I feel your pain, but in todays market the buyers have the upper hand not the sellers when they dominated the market 5years ago. when they charge a commission it’s their hard earn money, just like the average person with a 9-5 JOB, think also if the property is priced right it will attract more potential buyers qualified that is with all the banks reforms (that would be another subject), and now the agents would show the property with the best pay. Now think if you are an agent with choices of home to show & sell wouldn’t you like to sell the highest paid commission property????

]]> By: peter http://www.realtycomplaints.com/cannot-get-rid-of-agent/comment-page-1/#comment-35 peter Sat, 16 May 2009 04:43:32 +0000 http://www.realtycomplaints.com/?p=33#comment-35 Hello there!! I feel your pain, but in todays market the buyers have the upper hand not the sellers when they dominated the market 5years ago. when they charge a commission it's their hard earn money, just like the average person with a 9-5 JOB, think also if the property is priced right it will attract more potential buyers qualified that is with all the banks reforms (that would be another subject), and now the agents would show the property with the best pay. Now think if you are an agent with choices of home to show & sell wouldn't you like to sell the highest paid commission property???? Hello there!!
I feel your pain, but in todays market the buyers have the upper hand not the sellers when they dominated the market 5years ago. when they charge a commission it’s their hard earn money, just like the average person with a 9-5 JOB, think also if the property is priced right it will attract more potential buyers qualified that is with all the banks reforms (that would be another subject), and now the agents would show the property with the best pay. Now think if you are an agent with choices of home to show & sell wouldn’t you like to sell the highest paid commission property????

]]> By: Chani http://www.realtycomplaints.com/cannot-get-rid-of-agent/comment-page-1/#comment-33 Chani Sat, 16 May 2009 02:33:52 +0000 http://www.realtycomplaints.com/?p=33#comment-33 In my experience, if the price is right - the house will sell. Selling houses IS NOT ROCKET SCIENCE. Don't be fooled into thinking it is complicated. There is usually only one thing that stops a house from selling. P.R.I.C.E! Stop being a road block in the sale of your home. LISTEN to your agent, take on board their experience in the market. For every day you stand your ground the value of the home could drop. It becomes stale on the market and nobody wants it. In my experience, if the price is right – the house will sell. Selling houses IS NOT ROCKET SCIENCE. Don’t be fooled into thinking it is complicated. There is usually only one thing that stops a house from selling. P.R.I.C.E! Stop being a road block in the sale of your home. LISTEN to your agent, take on board their experience in the market. For every day you stand your ground the value of the home could drop. It becomes stale on the market and nobody wants it.

]]> By: frank http://www.realtycomplaints.com/cannot-get-rid-of-agent/comment-page-1/#comment-31 frank Tue, 12 May 2009 21:43:51 +0000 http://www.realtycomplaints.com/?p=33#comment-31 You fellas have every right to complain. Do you know that in UK although agents will try for 2% it is normal to get a rate of 1% + VAT. If your property is over 500,000 then the rate drops to .75%. I know, I just sold a property in UK. Here in Canada the demand is 5%. I don't care how much they do, that is pure ripoff. The rate for design and construction of a house by a professional architect used to be 6% - and he would have full legal responsibility for the project. As far as I can see realtors have no responsibility whatever. By the way, these fixed fees are actually illegal, but it will require a class action to change things You fellas have every right to complain. Do you know that in UK although agents will try for 2% it is normal to get a rate of 1% + VAT.
If your property is over 500,000 then the rate drops to .75%. I know, I just sold a property in UK. Here in Canada the demand is 5%. I don’t care how much they do, that is pure ripoff. The rate for design and construction of a house by a professional architect used to be 6% – and he would have full legal responsibility for the project. As far as I can see realtors have no responsibility whatever. By the way, these fixed fees are actually illegal, but it will require a class action to change things

]]> By: Jon Talus http://www.realtycomplaints.com/cannot-get-rid-of-agent/comment-page-1/#comment-22 Jon Talus Wed, 29 Apr 2009 21:31:32 +0000 http://www.realtycomplaints.com/?p=33#comment-22 Lee Ali, You say, "...the agent is hardly getting 1.25% of the commission". OK, but that doesn't explain why am I paying 5%! You say, "Listen to the agent when he suggests that you lower your price." Perhaps I should reduce the price by 5% (the commission we're paying) the house will sell. You imply an agent charging less (4%) will put me at a disadvantage. Using that logic, we should pay a higher fee, say 10%, we would get better service and a higher sales price, right? Again, I ask you REAL-A-TORS, what the hell do you do for your 5%? Lee Ali,

You say, “…the agent is hardly getting 1.25% of the commission”. OK, but that doesn’t explain why am I paying 5%! You say, “Listen to the agent when he suggests that you lower your price.” Perhaps I should reduce the price by 5% (the commission we’re paying) the house will sell. You imply an agent charging less (4%) will put me at a disadvantage. Using that logic, we should pay a higher fee, say 10%, we would get better service and a higher sales price, right? Again, I ask you REAL-A-TORS, what the hell do you do for your 5%?

]]> By: Lee Ali http://www.realtycomplaints.com/cannot-get-rid-of-agent/comment-page-1/#comment-20 Lee Ali Wed, 29 Apr 2009 05:07:23 +0000 http://www.realtycomplaints.com/?p=33#comment-20 I really wonder why sellers complain about commission. You are NOT paying "such a large commission." Your agent is hardly getting 1.25% of the commission. Also, what are your choices? Sell it yourself? If you did, then you would do yourself a disservice. Check these out: http://activerain.com/blogsview/995920/Price-Fixing-of-a-Different-Kind http://activerain.com/blogsview/1036839/ShhhDont-Talk-About-the-Built-in-Price-Fixing-of-the-Realtor-Network-Continue-Talking-About-Commission-Structures Listen to your agent when he suggests that you lower the price. The longer you stay in the market the lower your sales price is going to be. I can guarantee you that if you went to another agent, he is going to list the house at a low price. He may charge you 4% but you are going to be at the short end of the stick regardless. Realtors are sellers friends. Stop focusing on the wrong number (commission) and start focusing on the right number (price inflation in the Realtor network.) I really wonder why sellers complain about commission. You are NOT paying “such a large commission.” Your agent is hardly getting 1.25% of the commission. Also, what are your choices? Sell it yourself? If you did, then you would do yourself a disservice. Check these out:

http://activerain.com/blogsview/995920/Price-Fixing-of-a-Different-Kind

http://activerain.com/blogsview/1036839/ShhhDont-Talk-About-the-Built-in-Price-Fixing-of-the-Realtor-Network-Continue-Talking-About-Commission-Structures

Listen to your agent when he suggests that you lower the price. The longer you stay in the market the lower your sales price is going to be. I can guarantee you that if you went to another agent, he is going to list the house at a low price. He may charge you 4% but you are going to be at the short end of the stick regardless.

Realtors are sellers friends. Stop focusing on the wrong number (commission) and start focusing on the right number (price inflation in the Realtor network.)

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