What are the 3 hardest things about working as an agent in todays market?

Asked by Trulia Houston, Houston, TX Fri Apr 26, 2013

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Kawain Payne, Agent, Seal Beach, CA
Sun Apr 28, 2013
You only want the three hardest things? OK:

This is coming from an agent who works mainly with buyers.

1. Listing agents who do not return calls, or even confirm receipt of an offer

2. Agents who put keys in the Supra box that do not open the property(this just happened to me Friday 4-46-13)

3. Buyers you do not show up for appointments (this just happened to me Saturday 4-27-13)

Yes, it has been a rough weekend:(

Kawian Payne, Realtor
0 votes
Pete X, Agent, Huntington Beach, CA
Sun Apr 28, 2013
The one big thing, at least for me is to effectively persuade clients the realities of the current market in order to bid properly, most do get it thankfully.
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Bill Eckler, Agent, Venice, FL
Sun Apr 28, 2013
The three most difficult Things about working in today's market:

1. dealing with banks

2. dealing with financing issues

3. dealing with mortgage concerns

Any one noting a reoccurring theme?
0 votes
Don Maclary, Agent, Virginia Beach, VA
Sun Apr 28, 2013
1- Watching families sit back while investors buy homes to rent to them.

2- Searching the internet is great, But buyer's take longer to realize that the public search sites are great but provide limited information. People need us more then ever with the hurdles and pitfalls of Short Sales.

3- Getting other agents to answer their phones, They are doing their clients an injustice. By not getting the listings shown.
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Ric Mills, Agent, Oro Valley, AZ
Sat Apr 27, 2013
Trying to find houses for clients,getting loans through under-writting, and generating leads. These three things are what we always do and are always the hardest. As the saying goes, "if it was easy,everyone would do it". It really applys to RE.
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Kelli J. Mor…, Agent, Beaumont, CA
Sat Apr 27, 2013
Answered April 2013 ~ Southern California Agent

#1 ~ Getting an offer accepted on a property for a buyers ~ with this hyper active market and low inventory, it seems like every property that is listed with a fair market value price has multiple offers in the first few days. (Sometimes up to 30 offers in less than 7 days)

#2 ~ Once we finally do get an offer accepted ~ then we are dealing with appraisal issues because we had to overbid just to get the offer accepted....

#3 ~ I miss the days when we would show our clients several homes, they would pick the one that they liked best and make an offer. We would negotiate terms with the seller and come to an agreement for the sale. In this current market, I have buyers that want to put an offer on anything and everything ~ they have become so desperate just to acquire any home.
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Bobbie Wagner…, Agent, Conroe, TX
Fri Apr 26, 2013
One of the hardest is trying to help buyers understand that market value is based on supply and demand. Even in this changing market, with less inventory, buyers still expect a seller to take less than list price and still give 5-6% back in seller contributions. By the time they realize "it ain't happening" someone else's offer was accepted over theirs.

Secondly, it's hard to get correct appraisals when home values have risen 6% since last year and comps are still based on old comps, unless the appraiser knows to use the positive time adjustment.
0 votes
I am having that happening to me now my client keeps submitting less than list price and asking for sellers contribution even when I have told him that's the reason why his two offers were not accepted any recommendation as how I should handle this with my client?
Flag Wed Aug 7, 2013
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