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one of the agents in my company (we have over 3500 agents) specializes in foreclosures and bank distressed properties. Most of his sales are $50,000 and under (many under $10,000. Are you sure that's what you are looking for?? He does pure volume of pure crap. The homes are typically stripped of everything from toilets and sinks to light fixtures and we have to carry flashlights with us to show them. For our own safety, since many aren't in very nice neighborhoods, we typically tell several people in the office where we are going when we show his properties.
I can understand your wanting to work with a realtor who is experienced and knows what they are doing, but often if they are too experienced and have a lot of business, you may never see that person, because you will be dealing with their assistants, or you may not get calls back in a timely manner because they are too busy dealing with other clients. I'm not the top agent in my office, but I'm in the top 10% and I'll tell you right now that I'm not sure I want to be the top agent because I don't think I would be able to give my clients the personalized attention that I give them now. I spent today working with a couple who closed a week ago who don't speak much English and had a problem with getting their washer and dryer hooked up when they were delivered, so I worked with the store they bought them through, the manufacturer and the delivery company then I was there when the installer came back out today and we got them hooked up correctly. Then I went over to a client's house that I just listed (my client's have already moved out of state) to track down the Gas company who are replacing the gas lines throughout the neighborhood to find out when my client's house will be done because they want to have new sod laid before their house goes on the market and they don't want the gas company to rip it up as soon as it's laid, plus I wanted to check and make sure that the painters had done their job correctly before the carpet cleaners, house cleaners and stagers come in next. Then I introduced myself to the neighbors next door who will be watching the home and making sure the grass gets watered, since I wanted to make sure that they knew to call me if anything (big or little) came up about the home. In between, I took a dozen calls from clients. If I was a big agent doing strictly volume work, I wouldn't have time to be out there doing things myself to take care of my clients, I would have a lackey checking things and reporting back to me and things would be missed.
When you interview an agent, you want one who will be responsive to your needs and your schedule. One who will contact you back when you contact them - by email or by phone (what is your preference on how to be contacted??), you want an agent who will take care of things and will keep your stress level down. One who has a checklist and knows what to do and when to do it. One with enthusiasm and energy. Sometimes a brand new agent may have the knowledge and the support of their office and bring more time and energy to the job then an agent that has been in the field for years and doesn't really care anymore. You want one that will ensure that there is someone available to schedule showings for your home 7 days a week from at least 9 am until 5 pm (and hopefully longer than that), and someone who will come to closing with you. Someone who knows the rules for YOUR area and is prepared to help guide you through building inspections, negotiations on contracts, building inspection resolutions, municipal inspections and whatever else needs to be done to get your home sold. You want someone who will not be your friend, but who will honestly tell you what you need to do to sell your home and who has a realistic marketing plan and who will realistically price your home, not tell you a high price because they thing they will get the listing that way, then pray that they can talk you into a price reduction later when it doesn't sell.
If you would like me to refer you to someone in your area who is good, I would be happy to do so.
Thu Apr 24 2008, 21:41