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Originally posted by geoffw
Asy,
In your above example- are you more likely to go for a buyer who is waiting to spend money, especially an investor who is more likely to come back- and especially one who is buying more properties?
Is it of advantage to you not to have to go to open inspections at a property every Saturday for three weeks?
And not to advertise the property?
Would that advantage translate into a lower price- or the likelihood that you will call up that investor again ahead of other potential buyers?
I understand now that another real estate agent is now at the top of the queue for anymore local bof's. What would put him in front? Easy dealings? Quick settlements (mine took a while). Mateship? Kickbacks even? (my kickback was just a dozen bottles of rather nice wine... what's the usual?)
Thanks for your thoughts, it's always good to hear the viewpoint from "the other side".
So it's better for you to advertise something (lead time several weeks) than to sell it directly to an eager buyer? Many people in the forum have said that they build a relationship with the agent, and that the agent calls them before the property is advertised. What is the advantage to the agent in this case? Does this mean that if the agent rings me, I am at the bottom of the food chain?It is never an advantage to me, not to advertise a property
Originally posted by geoffw
So it's better for you to advertise something (lead time several weeks) than to sell it directly to an eager buyer?
Many people in the forum have said that they build a relationship with the agent, and that the agent calls them before the property is advertised. What is the advantage to the agent in this case?
Does this mean that if the agent rings me, I am at the bottom of the food chain?
And does this mean that advertising space matters more than real sales? I have had the impression that this does matter a bit more in larger agencies.
Well, kickback was a too strong of a word. A "thank you" gift. A box of wine was insignificant compared to the cost of the property- or even the commsission. But it was something just to say that I appreciated the deal.