Home Buying in Golden Valley>Question Details

Pat Shink, Home Seller in Golden Valley

I am looking for a new agent to move the property at 605l Laurel Ave. #102. We feel we are asking a realistic price, but can't seem to get a

Asked by Pat Shink, Golden Valley Tue Jul 17, 2012

bite!

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Indeed Bill is right we follow a code of ethics that prohibits this. That is not to say you won't get Realtors who don't follow this, but cancel the listing first and then contact one of us.
1 vote Thank Flag Link Tue Jul 17, 2012
What's probably been killing interest is unit #210 which is bank owned and was priced 25k less than your unit. It's pending so that takes it off the table. But there's also unit #208 (active listing) which is $10,000 more but has been fully renovated.

Sometimes it's not about the listing agent. Sometimes it's about the listing and the other listings within a building that determines showings.

One thing your agent CAN do is if you choose to drop the price, have your agent cancel the existing listing and relist with new photos and new copy. Your listing is showing as being 347 days on market which presents a bad 1st impression to buyers.
0 votes Thank Flag Link Tue Jul 17, 2012
Hi Pat,

Bill is correct in that Realtors are not allowed to solicit your business while you have an agency contract with another brokerage.

There are three basics of RE: location, condition, and price. Location we can't change. Have you and your Realtor toured comparable listings? Is your property in better condition than the competition? Are you receiving weekly CMAs and PTAs? This part of selling your property is a beauty contest and second place doesn't count.

Are you getting at least two showings each week? What is your (you and your Realtor's) marketing plan?

When you are ready to make a change, interview at least three Realtors. Ask them about marketing plans for your property (and, no, an MLS listing and a lock box in the lobby is not a marketing plan). Ask them how many similar deals they have closed recently.
0 votes Thank Flag Link Tue Jul 17, 2012
Pat,

Realtors are not allowed to talk to you while you have an active listing. Once you cancel or the listing expires then it opens it up for another Realtor to be in contact.

Bill Wallace
RE/MAX Results
0 votes Thank Flag Link Tue Jul 17, 2012
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