Your Questions Answered
At Ashlar, I firmly b that an educated home buyer or seller is best equipped to make their own decisions. That’s why I take time out of my day each and every day to answer someone’s real estate question. And, when I think the answer can be useful to you as well, I share it here. So without further ado:
Question:
Isn’t selling a home in the current market easy? It seems like it’s basically printing money for Realtors.
Still, it’s a skill to sell it well.
Honestly current market is really showcasing how terrible most agents are at their careers and representing sellers.
Getting to the closing table doesn’t mean your home has been sold well.
I’ll give you some examples from just the past 10 days:
1) Agents not confirming showing requests once they reach a certain threshold of offers
2) Agents advising clients to accept day 0 or day -1 contracts. There is practically 0 chance that is the best offer in the current climate.
3) Agents not answering calls, texts, emails, or online showing requests EVER on day 0 listings.
4) Agents not allowing overlapping showings. This sounds great in theory, but if you combine that with 1 hour or larger block showing windows you now are only going to have 8-16 showings when maybe you could have had 30-60. This is usually combined with Justgetitundercontractitis.
5) Listing photos from a cell phone are a guaranteed way to have fewer offers no matter the market or the house.
6) Agents giving no deadlines for offers almost always results in fewer and poorer offers.
7) From a couple of months ago: At 10am in the morning I’ve also had an agent give us a deadline of 5 pm for offers and then when we followed up with the agent at 11 am with some questions they acted surprised and said we took to long and seller went with another offer. Surprise our offer was much higher than what it ended up selling for.
I could go on and on but you get the gist.