Newsgroups: alt.realestate.fsob alt.realtor
Subject: Re: Should I Sell to a 'We Buy Ugly Houses' Company?
From: "Steve Horrillo" 
Date: Sat, 16 Jul 2005 18:08:49 GMT


On 16-Jul-2005, "curtislawson@gmail.com"  wrote:

> I am a Realtor, but I work mainly with investors.

Why? Are you living vicariously through them?

>I have found (in my
> market - Houston) that the average Realtor lists a fixer-upper for way
> too much.  The properties generally sit on the market for a long time,
> and eventually an investor buys it for what it would have gone for to
> begin with if they had just gone straight to the investor.

You're leaving out the one's the DID sell. And if it didn't sell the seller
was either stubborn or was a fool to wait for the realtor to pester them to
lower the price. With the profit margin an investor has to operate under,
the seller will ALWAYS lose going straight to an investor. The people you
are talking about are the one's that, as the saying goes, "fail to plan and
plan to fail." AKA "self sabotage." Any one who truly tries to help them
they will reject and the one's that are taking advatage of them they choose.
Reminds me of a lady friend of mine's choice of men. :)

>I know
> every market is different, but I have seen alot of homeowners get
> screwed because their agent tells them their little crapbox is worth
> way more than it really is, just so they can get a listing.

That's not the way it really works. No one makes money if the house doesn't
sell. You try to tell them the truth. Some people can't learn by example.
They have to learn from their own mistakes. If they can't handle the truth
or need to find out for themselves you take the listing and demonstrate to
them the truth. And besides, who am I to think I'm right and they'e wrong?
There HAVE been times I was astounded at the price their little "crap box"
sold for. Every house is unigue. Appraisal is an art as well as a science.
There's only one sure way to tell what the market will bear is to put it on
the market. You're recommending people should roll over and die without a
fight.

>I have
> lost many many listings to agents who inflate their estimate of the
> house's value to get the listing.  I tell them what it will take to
> sell the house FAST, but we all know that eveyone thinks their house is
> worth more than every other house in the neighborhood (especially old
> people).  Again, I'm not badmouthing Realtors, I am one.  Just stating
> my observations.

You are seing what you see because of the company you have chosen to keep.

-- 
Warmest regards,

Steve Horrillo, Realtor / C.Ht. =^..^=
http://BrokerAgentTraining.com http://over100percent.com http://HipFSBO.com
http://eLOWn.com