Home Selling in 11772>Question Details

tandem52, Home Buyer in Long Island, KS

my real estate agent is not working to sale my house

Asked by tandem52, Long Island, KS Mon Nov 7, 2011

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12
If you feel your agent is not working to sell your home, it would be a good idea to sit down with the agent and try to ascertain where things are going wrong. Given that only 1 out of every 14 homes on the market in your area will sell in any given month, it's important that you have the right combination of price, market exposure, appearance and accessibility (for showings); hopefully, your agent addressed all of these items when he or she listed the property, but it sounds like a face-to-face conference is in order. If you cant come to terms with the agent, you should then speak to the Broker or Office Manager to see what can be done to help. Best of luck to you!
1 vote Thank Flag Link Mon Nov 7, 2011
I have regular conversations with each of my sellers so we stay alert on all of the activities in the market. We review the recent sales and new offerings of homes that are similar, we discuss the Open Houses and results of buyers who attended that particular event. We also talk about the activity of the buyers I am working with in the region in regards to other price ranges. This gives us insight into the mindset of the buyers and how we need to adjust our marketing or if we need to wait for the right buyer to enter the marketplace that is not currently looking. It is all about communication. I discuss with each of my buyers and sellers how busy the schedules are during the week and try to establish the most effective time and format for speaking with each other in todays hectic life. Talk to your agent and discuss your concerns. That is the best approach to resolving issues and frustration.
0 votes Thank Flag Link Thu Dec 22, 2011
You must create a working relationship from the start of the listing, which means accountabilty. In my (20) years of experience if you have to chase your agent it can be very frustrating experience . In a market such as
this an agent should be in contact with you at least every (7) days to update you on market conditions.

it's very important to communicate information, you hire an agent as a professional to counsel and advise on market conditions and to sell you property. Hope this is helpful.
0 votes Thank Flag Link Sat Nov 12, 2011
Speak with the Broker or manager of his/her office, maybe they
kind help find a solution. Simply contact your agent's office and
ask for detail question. How they can also help in sell of your home.
0 votes Thank Flag Link Mon Nov 7, 2011
Discuss this with your Realtor to get his/her response, then find a solution.
Web Reference: http://www.golftobeach.com
0 votes Thank Flag Link Mon Nov 7, 2011
If you look at all of the answers thus far posted, I believe you should be able to have an open and frank conversation with your Agent. We are at best, in a difficult economy and as Gail Gladstone mentioned, what are your expectations?
It serves no purpose for you to be discontent and have nothing done with your feelings. Express openly and expect that from your Agent.
Forthright conviction is best served when communicated in an open forum, directly and with all parties involved.
Best of luck.
0 votes Thank Flag Link Mon Nov 7, 2011
The first question I would ask is what is your expectation of the agent that he/she is not doing?
The next question is what is it your agent promised to do for you during the interview?

Is the Realtor marketing the property?
Is the Realtor co-broking with other Realtors (advertised on your Multiple Listing Service)
Is the property priced competitively?
0 votes Thank Flag Link Mon Nov 7, 2011
Forgive me if I play the Devil's Advocate here, (please don't shoot the messinger):

If you say that he is "not working to sell the house",
I am going to assume that you haven't had any OFFERS and probably no SHOWINGS.
The facts are that he may being doing a lot to attract Buyers and Agents, but if the LISTING PRICE is too high, it won't do any good: When a house hasn't sold over a long period of time, the odds are 98% that it is PRICE.

By chance, did your Agent suggest a lower price and you insisted on a higher price?
The LISTING PRICE is seldon the SELLING PRICE; it is there to attract Buyers. If it is out-of-line with the Comps, the Buyers will just bypass it; you won't even know they looked at it. You won't get any feedback.

Many Sellers are afraid that if they price the house at 10% UNDER the Comps, that they will have to sell it for that price: For several reasons, that is not true:

First of all, it is designed to attract MULTIPLE OFFERS, which should result in a bidding war.
Secondly, There are so many details (Contingencies, %'s, fees, Inspections, etc.) that you should always have an "out" or at least a reason to do a COUNTER>


You have to trust your Realtor and his experience.

If this is not the case, and you really do not believe in your Agent, then you know what you have to do.


Good luck and may God bless
0 votes Thank Flag Link Mon Nov 7, 2011
Most of what an agent does to market and promote a home is never seen by the home owner.
However, it would be good to know what your expectations were?
Are the results you are experiencing in alignment with what your agent predicted?
Are the results you expect in alignment with the market conditions?
Have you been willing to make the necessary adjustments to accommodate and appeal to active buyers?

It is incredibly important to note the real estate agent NEVER sells a home, only the HOMEOWNER can. Your agent is a marketing expert. But even the best marketing resources will not compensate for a bad strategy. Review some of my previous answers to questions to get the six questions you need to research, then, and only then, can you compare the last two questions and place fault with your agent.

More data is needed.
0 votes Thank Flag Link Mon Nov 7, 2011
Hi Tandem: Sorry to hear that you feel your agent is not doing his/her job! Since you do not provide much information here, it is hard to know if the agent is living up to your listing agreement. Some agents simply list a property on the local MLS and do little more. Others create extensive marketing plans and spend much time executing these plans. The difference should be reflected in the commissions being asked by the agents, but this is not always the case.

I would suggest you go back and take a look at your listing contract and any additional materials supplied by the agent when you signed the agreement. If you still feel that the agent is not living up to the contract, then you should probably start by talking to the agent. The next step would be to talk to the agent's broker and, if all else fails and you still feel the agent is not doing his or her job under the agreement, then you should talk to the real estate commission in your state.

Best,
Ron Rovtar
Boulder, CO
0 votes Thank Flag Link Mon Nov 7, 2011
Consider having a discussion with your agent, if the chat proves unsatisfactory contact his/her broker owner, and or, office manager and express your concerns, possibly ask to be assigned another agent from within for the duration of the contract. At the same time, make sure you are priced competitively, the marketing maximizes your exposure, the property shows well and easily accessible for showings.
0 votes Thank Flag Link Mon Nov 7, 2011
We would be curious why you think this. You have a listing with the company not an agent so you can always ask the office broker (they are the manager there) to assign you a new agent in that office to work with you. Most people think they contract with a particular agent and that is not true.
0 votes Thank Flag Link Mon Nov 7, 2011
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