Kansas Crimson

chiknbut wrote: ↑Sun Sep 01, 2019 4:37 pm

TDub wrote: ↑Sun Sep 01, 2019 11:35 am Any advice for people who would rather do fsbo properties? I cant stand dealing with real estate agents. No offense chickn, I'm sure some of them are terrific, but the vast majority I've come in contact with are pretty terrible and will say anything to get their piece of the pie. I've found one guy who I think is pretty dang good but still seems like I should be able to do most of this stuff myself.

None taken. I've chosen a profession filled with scumbags and idiots. Well aware of that.

FSBO is tough. I get that you don't want to pay 2.5 percent, that's normal. Believe me, I deal with that every single day.

But in the end, a house sells because the market deems its price to be correct. It has nothing to do with home owners or realtors. Most FSBO's I've dealt with are horribly over-priced to begin with. Doesn't matter if you think your house is worth $425,000 if a similar house down the block sold for $400,000.

As I wrote before, most home owners believe their house is worth more than it is. And these people get really frustrated that they can't sell their homes. Has nothing to do with the realtor who is really only there to either help set a price and sell it or help someone understand the market and put in a fair offer.

My biggest obstacle right now is a softening luxury market. I have an amazing listing in a great neighborhood in one of the best school district's in Chicago. Got an offer one month into the listing and my clients didn't accept it because they thought they could get more. It's been 4 months now and no other offers. Because they waited, and because the market has softened, they'll be lucky to get under contract within $30,000 of the first offer.

One other thing: FSBO's are a key marketing demo for realtors. Mainly because they don't sell. So when the listing is cancelled, realtors sweep in and offer up the bad news with the hope of getting the listing at a more realistic price. FSBO's beat you up pretty bad, so they turn back to a realtor just to get the damn thing sold.

TDub wrote: ↑Sun Sep 01, 2019 7:13 pm Boats just have always seemed like a horrific waste of money to me

Paul1 wrote: ↑Mon Sep 02, 2019 7:40 am I'm surprised you agree 100%.
Why is it a "horrific waste of money" to purchase something that enables someone to enjoy themself on water? I think boats are awesome.
Looking around my apartment, if I wanted to get philosophical, I could say there are literally hundreds of things that were a "horrific waste of money" compared to if I owned a boat.

seahawk wrote: ↑Mon Sep 02, 2019 11:41 am Chikn, in recent real estate dealings, I've encountered one scumbag and several conscientious people who've done a great job. Kudos to you for being one of the good guys in your field.

chiknbut wrote: ↑Tue Sep 03, 2019 11:35 am

seahawk wrote: ↑Mon Sep 02, 2019 11:41 am Chikn, in recent real estate dealings, I've encountered one scumbag and several conscientious people who've done a great job. Kudos to you for being one of the good guys in your field.

Thank you, Sea. I appreciate that.

Though my attempts at building a successful business by being an honest, hard-working agent isn't paying off like I had hoped. Turns out there are very few people who can tell the difference between my services and that of pretty much any other agent out there.

chiknbut wrote: ↑Tue Sep 10, 2019 2:40 pm Diamond and Silk. Mark my words.