Recognizing how lucky i am to have my most amazing family when I come home from a very tough day. (they soon remind me with hugs)
for numbers 2 and three....see the above
2. Lack of high quality inventory at entry level price points.
3. People being disrespectful and calling at crazy hours and expecting me to answer the phone and work 24/7. I have gotten real estate phone calls after midnight, and they were upset that I did not want to help them right then. Remember its a job, not a jail sentance. I deserve to have dinner and be with my family, and sleep just as you do. I may work 7 days a week, just not 24 hours a day.
2) Agents that think they are brain surgeons, so they refuse to answer their phones...ever. Egomaniac agents that are control freaks, 110% unethical and borderline mentally ill.
3) Inventory is quickly disappearing.
Boca Raton, Miami Beach, FL
1. Inventory shortages for quality homes.
While there are thousands of properties listed for sale in Miami Dade County we find that a very large percentage of them are not quality homes or homes we are able to offer to a potential Buyer. The list of unfit properties include, homes in very poor condition, code violations, multiple fines/assessments, over-priced properties, auction terms, multiple offer situations, short sales that even though in the market are actually off the market and "others".
2. Inventory shortages for Owner Occupants purchasing subject to financing.
Our market is flooded with cash investor purchasers both foreign and local. These "all cash deals" are usually preferred and in some cases demanded by the Sellers, a large number of these investors are paying fair market value and above to own a piece of South Florida. Taking the matter into consideration it is extremely difficult to succeed on an offer subject to financing. In addition, the lack of FHA approved condominiums and the inability of many to produce a satisfactory Condo PUD questionnaire for high LTV conventional loans are taking a toll on Owner Occupant Buyers which purchases are subject to financing.
3. Educating a misinformed consumer
The Real Estate Consumer is strongly influenced by media inventory, media statistics, media financing programs, etc. It is the hardest task by far, to educate the consumer and provide them with the real facts regarding, market conditions, market values and available financing programs.
â€¢ Seeing so many houses with illegal additions and code violations.
â€¢ Unfortunately that too many realtors never return their phone calls or emails.
The Keyes Company
2. Rediciulous agendas of all parties in transactions
3. Dealing with incompetence in our own industry
If you need anything further please feel free to call me during normal business hours at the contact info in our website link below.
1, Time is truly of the essence, whether I am working with a buyer on an offer or a seller in distress. Buyers think they can drag their feet to get a deal and often lose the one they loved ove a minor price difference.
2,. Sellers canceling showings. They don't understand the ripple effect of an unavailable listing, and this is occurring more in distressed situations.
3. We have had the most unusual market in years
4. Buyer Agency is a great thing, because you get more.
5. No, I don't discount what I charge for professional service, amateurs do that.
6. Discount brokerages exist. How many discount heart surgeons do you know? If you know a discount heart surgeon, would you be concerned about the level of service. The same concern exists for discount brokers. cheap value is no service.
7. I work in real estate as a professional business person, and the service is provided BEFORE I get paid, because I only get paid based on your success. I work as a public servant on your behalf, but i don't work for free, and you don't either. Don't expect me to work for free.
8. I will always make a great deal of effort to get many interested in your home. Don't be upset if there are a lot of showings, because the interest also improves the offer price.
2. Showing homes that were beautiful homes at one time that were left to die from the inside out due to no heat.
3. Inventory is shrinking in the first-time home buyer range, but buyers still think it's a buyer's market.
Although, I expect number three to change soon.
I also hate it when I have to cut a distressed owner free, because they will not do what is needed to help themselves. I can't afford the luxury of wasting time, though.
Dealing with the reality that many of the home sales is not a true indication that sales are up because the market is doing great, but due to many foreclosures and short sales. Those are a great part of the housing market that shows sales #s up, when in fact, these are distress statistics.
Due to the economic downfall, the real estate profession has a real challenge of obtaining listings with sellers when the discussion turns to "how much commission will your company charge me" is usually the # 1 obstacle. Sellers have been approached by discount companies and agents who state they will take a listing for 3% or less. This is a real problem !
2. Value jumps - the number of buyers have outpaced the number of sellers and with increased demand a property can comp for a higher price in a very short period. When I sit with sellers and tell them what i can list there property for as I recently did, on list day we popped the price up an additional $25,000 because the sale prices being published were higher. We sold it on the first weekend over asking with multiple bids.
3. Relationships with Clients - A realtor learns very personal things about her clients and without a doubt, lifetime friendships are created. When you worry about your cleints and are wanting to do the best you can for them, it has a tendancy to keep me up at night ....because I want to make sure I got them in a home at the lowest price possible (or sold a listing at the highest price possible) and then you worry about their family members and such. I love all the friends I've made, but I feel worry abou them and their happiness even when it no longer has to do with real estate. It's totally worth it, but it takes a toll on the circles under my eyes ;-)
The willingness to tolerate incompleteness in work in personal life. End the tolerance.
2. Interrupt the interruptions.
This is a interrupt driven business. It would appear everything can be sacrificed should the phone ring with a 'I need help' message. Real estate professionals must interrupt the interruptions with a well conceived schedule and planned, program responses.
3. Embracing discomfort.
Complacency keeps one comfortable and unchallenged. With the lighting fast changes in the market conditions and business strategies. a professional must press steadily on the borders of their envelope. The presence of discomfort, always turning towards the unknown, are the travel companions welcomed when you are growing.
Best of success to you,
Annette Lawrence, Broker/Associate
Reamx Realtec Group
Palm Harbor, FL
HENA MARTIN BROKER
1. Pricing. We provide an honest and accurate CMA on each and every property we hope to list. The seller almost always wants to list it 20 to 30k higher.
2. Gas prices. Gas stations are becoming a great meeting place for Realtors and Brokers. :-)
3. Finding the right CRM (customer relationship management) and actually using it.
That's it....thanks for asking.
The cost of flying down again and going through the process again can be significant and the prices may be higher and the selection may not be better. I hate to hit people of the head and be a pushy sales guy but I am seriously thinking of putting a rubber hammer in my car to break out as a joke when they start talking about going home to think it over.
In Sarasota the market is hot - we have great beaches, great cultural activities and all the people on the fence for 5 years are all in the game now. Inventory is low and buyer activity is high.
Simple supply and demand - buy NOW! Our bottom was in 2011 and you will most definitely get less for your money if you wait .
Hope this helps,
Allen Real Estate Services, Inc.