Charlie Ragonesi Big Canoe Realestate's Blog: How I saved money and lost the sale of my home

How I saved money and lost the sale of my home

This is a story that I think all can relate to. The home owner wants to sell the home. The home owner is tight on the appreciation against  what they owe. The home owner decides to use a discount brokerage. The brokerage tells them you can get listed for X. Want a yard sign add 10 dollars. Want a lock box add 25 dollars. And so it goes. The seller lists for X

Enter me the Agent with a buyer. I see the house on the MLS. I call and the seller answers.( This is a positive as it usually does not happen)  Me:" I would like to show your home tomorrow at 10 am OK?" Seller: "Oh I am sorry little Johnny has a Cub Scout outing and we will not be home." Me: "No problem, is the lock box on the front door?" Seller: "HUH? We do not have a lockbox. Can you show the house day after tomorrow?" Me: "Let me get back to you thanks".

No I am not going to show the house. My buyer cannot see it that day. Also the kiss of death is the seller being there. This was a really good home and could have worked for my buyer.  But there are a bunch of other homes that are on the market and will work as well. So once again a seller has lost a sale. At the end of the day the answer is you get what you pay for . Or in this case you do not get what you have not paid for. We are Realtors for a reason. I feel really bad for this person. I have been in this situation 4 times and each time the home has either much later been listed by a Realtor or gone into foreclosure.

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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog

On line at www.allmountainrealty.com Call at 706 579 1098

We sell Homes                                                    

 

6 comments • Charlie Ragonesi Big Canoe, Jasper, North Georgia Pros • April 21 2011 09:25AM

Comments

Drive-up window: "I'll have 3 yard signs, a lock box, 25 flyers, oh and how about some of those phone numbers that send me to a message tree."

Voice coming back: "Would you like a foreclosure attorney to round out your order today?"

:)

Enjoy this day!

Posted by Tom Arstingstall - Dry Rot, Water Damage General Contractor in Sacramento (Dry Rot and Water Damage www.tromlerconstruction.com ) about 1 year ago

Timely post!  And I love Tom's response above, too!

Posted by Virginia Cheezum (RE/MAX Allegiance) about 1 year ago

Charlie they really did get what they didn't pay for.  It's too bad that they are surviving on false hope.

Posted by Charita Cadenhead, Your Birmingham, AL Realtor® & Property Manager of Choice (Bham WIiRE Realty LLC ) about 1 year ago

Thank you all for your comments  Liked your take on it Tom

Posted by All Mountain Realty about 1 year ago

"The home owner decides to use a discount brokerage."

Charlie,

Sometimes, the owner doesn't want to pay the standard Big Canoe realtor fee of 7%.

Do you charge less?

 

 

Posted by Bob Croven about 1 year ago

Hi Bob To answer your question we charge 6 percent  and if we sell with out a co-broke I discount to 5 .

Posted by All Mountain Realty about 1 year ago

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