Comments on: Don’t hire an agent who lets you shoot yourself in the foot http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/ Seattle's Leading Resource for Real Estate Information Sun, 08 Nov 2009 01:47:42 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Marketing in Tri-Cities, WA » The Real Estate Blog by Cari McGee http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-189653 Marketing in Tri-Cities, WA » The Real Estate Blog by Cari McGee Sat, 06 Oct 2007 03:20:32 +0000 http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-189653 [...] How does this relate to real estate? The pricing of houses makes a ton of difference.  I’m a fan of pricing on the 5’s or 0’s ($180,000 or $185,000) myself, because of the double exposure it brings. But the extraordinary Ardell at Rain City Guide has a great point, too. [...] [...] How does this relate to real estate? The pricing of houses makes a ton of difference.  I’m a fan of pricing on the 5’s or 0’s ($180,000 or $185,000) myself, because of the double exposure it brings. But the extraordinary Ardell at Rain City Guide has a great point, too. [...]

]]> By: RealEstateUndressed » Blog Archive » Presenting July’s Magnificent 7 Consumer Real Estate Articles http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-167558 RealEstateUndressed » Blog Archive » Presenting July’s Magnificent 7 Consumer Real Estate Articles Mon, 06 Aug 2007 04:59:24 +0000 http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-167558 [...] Don’t hire an agent who lets you shoot yourself in the foot by Ardell The Great [...] [...] Don’t hire an agent who lets you shoot yourself in the foot by Ardell The Great [...]

]]> By: Price for More Eyeballs at ChitownLiving | A Chicago Real Estate Blog http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-163881 Price for More Eyeballs at ChitownLiving | A Chicago Real Estate Blog Wed, 25 Jul 2007 23:20:01 +0000 http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-163881 [...] Ardell at Rain City Guide writes a superb post on pricing homes in the internet age.  A must read for all home sellers.  While surfing listings today for a client, it was amazing to see how many listings are not priced to take advantage of the property search sites such as Realtor.com. [...] [...] Ardell at Rain City Guide writes a superb post on pricing homes in the internet age.  A must read for all home sellers.  While surfing listings today for a client, it was amazing to see how many listings are not priced to take advantage of the property search sites such as Realtor.com. [...]

]]> By: Frank Borges LL0SA http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-163336 Frank Borges LL0SA Tue, 24 Jul 2007 08:32:02 +0000 http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-163336 Absolute idiots. Selling a place for $500 above common search brackets? My guess is they took on a FSBO and did the "we will just add X%" calculation to get to that price. Also on the buying side, I see people wanting to offer $599,900, and I'm like "Um don't you think the seller might appreciate a "6" in there." I think the psychology of negotiations matters! Absolute idiots. Selling a place for $500 above common search brackets? My guess is they took on a FSBO and did the “we will just add X%” calculation to get to that price.

Also on the buying side, I see people wanting to offer $599,900, and I’m like “Um don’t you think the seller might appreciate a “6″ in there.”

I think the psychology of negotiations matters!

]]> By: Jonathan Dalton http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-163077 Jonathan Dalton Mon, 23 Jul 2007 15:21:36 +0000 http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-163077 You're right ... it's just coincidence. You’re right … it’s just coincidence.

]]> By: ARDELL http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-162987 ARDELL Mon, 23 Jul 2007 07:11:25 +0000 http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-162987 There nothing wrong with $299,500, Jonathan. Don't you ever tire of pointing fingers at Redfin? Can we blame Global Warming on them next? What about the war? There nothing wrong with $299,500, Jonathan. Don’t you ever tire of pointing fingers at Redfin? Can we blame Global Warming on them next? What about the war?

]]> By: Jonathan Dalton http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-162966 Jonathan Dalton Mon, 23 Jul 2007 05:05:42 +0000 http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-162966 I dunno, Ardell ... Redfin's blog you should end your sales prices with -500, so who are we to argue? I wonder if that check was for $12,000,500 ... I dunno, Ardell … Redfin’s blog you should end your sales prices with -500, so who are we to argue?

I wonder if that check was for $12,000,500 …

]]> By: Chris Lengquist http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-162894 Chris Lengquist Sun, 22 Jul 2007 23:59:28 +0000 http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-162894 I'm not clear on this Ardell. How do you feel about it. The best part is you are right! I’m not clear on this Ardell. How do you feel about it. The best part is you are right!

]]> By: ARDELL http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-162847 ARDELL Sun, 22 Jul 2007 21:03:09 +0000 http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-162847 Christian, 1) The property has been on market for five weeks and is not sold. 2) The median days on market for properties sold from 275-300 is 16 days 3) The median days on market for properties sold from 300 to 325 is 22 days The total number of properties sold or available in either category is only 9-15 properties, so no "high inventory" issues. Christian,

1) The property has been on market for five weeks and is not sold.

2) The median days on market for properties sold from 275-300 is 16 days

3) The median days on market for properties sold from 300 to 325 is 22 days

The total number of properties sold or available in either category is only 9-15 properties, so no “high inventory” issues.

]]> By: ARDELL http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-162838 ARDELL Sun, 22 Jul 2007 20:40:07 +0000 http://raincityguide.com/2007/07/20/dont-hire-an-agent-who-lets-you-shoot-yourself-in-the-foot/#comment-162838 I'm not familiar with popluar public sites that allow someone to search for 299-300. Or if they do allow it, I'm not used to many people going to those advanced search options. Which sites permit the 299-300 search option? If they all did that, or if many did that, then it would clearly change my opinion dramatically. Thanks in advance for your response to that question. If many and most could put in 295 to 305, then 300,500 wouldn't matter much. I'm getting the actual correlating stats for this particular property and will post them shortly, to parallel your scenario. I’m not familiar with popluar public sites that allow someone to search for 299-300. Or if they do allow it, I’m not used to many people going to those advanced search options.

Which sites permit the 299-300 search option? If they all did that, or if many did that, then it would clearly change my opinion dramatically.

Thanks in advance for your response to that question. If many and most could put in 295 to 305, then 300,500 wouldn’t matter much.

I’m getting the actual correlating stats for this particular property and will post them shortly, to parallel your scenario.

]]>