And remember, just because the agent may have a lot of listings doesn't mean they sell them all. Ask them their % of homes they listed vs listed & sold. Example: I sell 9/10 homes I list, but I do not have tons of listings- nor do I want them. I am a professional & I will only market & sell the products in which I know consumers can afford & want. I will not market overpriced homes for my own ego of "having the listing" or to attract buyers for myself. I do not feel that is in the best interest of my seller.
So, if there are too many listings, just remember to ask how many of them are under contract & whats the % that actually sell? - Tue May 6 2008, 16:57
I too have learned the hard way with OPL. It would be great to reduce all the stale properties off the market & reduce the listings to only those truly interested in selling. A market correction is currently needed nation wide & as agents we have the abilty to decline OPL & let those currently on the market expire.
How does it reflect me as an agent to have a sign in someones yard for 6+months? It does not do me or my sellers any good. By that time you are just throwing away a rotten banana. The banana should be sold while it is ripe & green, not yellowing with brown spots. - Tue May 6 2008, 16:23
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.