Realtor using another realtor as listing agent
Is there any favourable reason or thinking behind a person who is a licensed realtor using another realtor in their brokerage as the listing agent?
Mar 2nd, 2021 10:04 pm
Mar 2nd, 2021 10:45 pm
Mar 3rd, 2021 1:09 pm
This, plus to separate the emotional aspect from the business side of selling their own property. I know several realtors who have done this.
Mar 3rd, 2021 1:18 pm
Cry me a river.y2jversion1 wrote: ↑ This, plus to separate the emotional aspect from the business side of selling their own property. I know several realtors who have done this.
Mar 3rd, 2021 3:25 pm
O.K...SunriseRealty wrote: ↑ Cry me a river.
Mar 3rd, 2021 9:46 pm
Mar 4th, 2021 10:03 am
Mar 4th, 2021 12:03 pm
I had bid on a property owned by an agent, and she was sloppy about timelines and unrealistic about the price she can get. I think she wasn't an active agent so perhaps was a bit out of touch. The house was in rough condition (scratched up floors, holes in the walls, etc), the pictures were horrendous, it looks like hiring someone else probably could've gotten the house sold.y2jversion1 wrote: ↑ This, plus to separate the emotional aspect from the business side of selling their own property. I know several realtors who have done this.
Mar 4th, 2021 12:13 pm
It's human tendency to not be objective when it's your own item that you're selling, plus there can be a tendency of providing too much information or letting emotion slip into the negotiations (offended at price etc) - which is why many will use a colleague from their own brokerage or team to represent and negotiate on their behalf, to not potentially jeopardize the deal. It differs from agent to agent obviously, but from the few that I've spoken to as to why they did this - it was for the reasons I mentioned.Hairball wrote: ↑ I had bid on a property owned by an agent, and she was sloppy about timelines and unrealistic about the price she can get. I think she wasn't an active agent so perhaps was a bit out of touch. The house was in rough condition (scratched up floors, holes in the walls, etc), the pictures were horrendous, it looks like hiring someone else probably could've gotten the house sold.
We went in with an overpay offer (in our perspective) but they countered with even more because a nearby one sold for her target price, but it was in far better shape and better maintained. It then became haggling over a few thousand and we just walked away because it seemed to be a poor decision on our part, so we were glad to actually get away.
It's still listed right now.