Comments on: Broke Brokers, Impatient Sellers, and Low-Ball Buyers http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/ Bite Me! Sat, 22 Nov 2008 07:08:59 +0000 http://wordpress.org/?v=2.6 By: Jim Avery http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11702 Jim Avery Tue, 27 May 2008 19:39:36 +0000 http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11702 I do have some free time on my schedule this Thursday. I'll try to make it to the Global Bean. I did write something up a couple weeks ago about how we do mass appraisal and then forgot about it. Send me an email address and I'll send it to you. javery@co.kitsap.wa.us. I do have some free time on my schedule this Thursday. I’ll try to make it to the Global Bean. I did write something up a couple weeks ago about how we do mass appraisal and then forgot about it. Send me an email address and I’ll send it to you. javery@co.kitsap.wa.us.

]]> By: Rich Jacobson http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11690 Rich Jacobson Sun, 25 May 2008 18:03:44 +0000 http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11690 Jim: Great to see another one of your comments pop up again. You really should join Mark and I for coffee some time. We meet 8am Thursday mornings at Global Bean in Silverdale. It's on the 1st floor of the building Pacific Northwest Title is in. We're finally seeing more and more Sellers coming to terms with the realities of the market slowdown. Hopefully things will correct and flatten out, and return to a more reasonable measure of appreciation. Thanks for stopping by. Still looking for that article of yours! Jim: Great to see another one of your comments pop up again. You really should join Mark and I for coffee some time. We meet 8am Thursday mornings at Global Bean in Silverdale. It’s on the 1st floor of the building Pacific Northwest Title is in.

We’re finally seeing more and more Sellers coming to terms with the realities of the market slowdown. Hopefully things will correct and flatten out, and return to a more reasonable measure of appreciation.

Thanks for stopping by. Still looking for that article of yours!

]]> By: Melina Tomson http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11688 Melina Tomson Fri, 23 May 2008 20:37:41 +0000 http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11688 I bet this sums up most markets. We have a lot of agents starting their own brokerages here as they are shifting from the higher fees required by some of the large nationals. I've been prepping ever seller to expect the low ball. Buyers will act in accordance with the market. I bet this sums up most markets. We have a lot of agents starting their own brokerages here as they are shifting from the higher fees required by some of the large nationals.

I’ve been prepping ever seller to expect the low ball. Buyers will act in accordance with the market.

]]> By: Jim Avery http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11685 Jim Avery Thu, 22 May 2008 21:07:53 +0000 http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11685 I continue to enjoy reading your insightful blogs. Your description of broke brokers, impatient sellers and low-ball buyers reminds me of my experience as both a broker and sales associate many years ago in a transitioning market. A recent comparison I did of list prices to assessed values suggests that many sellers still think we are still in an appreciating sellers market. When these sellers become motivated and realistic enough to accept realistic prices for their property, the sales volumn will return to more normal levels. It doesn't help that unrealistic sellers can almost always find a realtor to accept their over-priced listing. But that hasn't changed since I was in the business many years ago. I continue to enjoy reading your insightful blogs. Your description of broke brokers, impatient sellers and low-ball buyers reminds me of my experience as both a broker and sales associate many years ago in a transitioning market. A recent comparison I did of list prices to assessed values suggests that many sellers still think we are still in an appreciating sellers market. When these sellers become motivated and realistic enough to accept realistic prices for their property, the sales volumn will return to more normal levels. It doesn’t help that unrealistic sellers can almost always find a realtor to accept their over-priced listing. But that hasn’t changed since I was in the business many years ago.

]]> By: Susan Hilton - Texas Aggie Realtor in College Station Home Sales http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11676 Susan Hilton - Texas Aggie Realtor in College Station Home Sales Thu, 22 May 2008 02:20:08 +0000 http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11676 Don't you wonder why people still think there is something for free? Sellers can't get agents to work for free, buyers can't buy a house for nothing and agents can't run a real estate business out of a brokerage firm for free either. Don’t you wonder why people still think there is something for free? Sellers can’t get agents to work for free, buyers can’t buy a house for nothing and agents can’t run a real estate business out of a brokerage firm for free either.

]]> By: Christoph Schweiger http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11674 Christoph Schweiger Wed, 21 May 2008 19:16:27 +0000 http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11674 This is exactly what is also happening in my neck of the woods. My employing broker Homesmart acquired Dan Schwarz Realty, Inc and now is the largest brokerage in the state of Arizona with over 3000 agents. Both brokerages apply the 100% model, however the luxury brokers are merging as well. Equitable and Russ Lyon, both players in the luxury segment, apparently also have merged. It will be interesting to see what effect the shift of the market will have on the various real estate brokerage business models. As far as buyers and sellers go, they need more professional guidance now than ever. The Greed factor has shifted from the Sellers to the Buyers and the Sellers seem to be catching on to reality. Just the buyers need to be careful not to fall into the trap of "Two Fools" mat. There is just to say: Guten Tag! This is exactly what is also happening in my neck of the woods. My employing broker Homesmart acquired Dan Schwarz Realty, Inc and now is the largest brokerage in the state of Arizona with over 3000 agents. Both brokerages apply the 100% model, however the luxury brokers are merging as well. Equitable and Russ Lyon, both players in the luxury segment, apparently also have merged. It will be interesting to see what effect the shift of the market will have on the various real estate brokerage business models. As far as buyers and sellers go, they need more professional guidance now than ever. The Greed factor has shifted from the Sellers to the Buyers and the Sellers seem to be catching on to reality. Just the buyers need to be careful not to fall into the trap of “Two Fools” mat. There is just to say: Guten Tag!

]]> By: Sparky http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11673 Sparky Wed, 21 May 2008 19:07:05 +0000 http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11673 Bill - thanks for the kind comments. Just so you know, I clicked on your name/link, and it directs me to an expired/deleted Blogger account? Thanks for taking valuable time out of your day to stop by! Bill - thanks for the kind comments. Just so you know, I clicked on your name/link, and it directs me to an expired/deleted Blogger account? Thanks for taking valuable time out of your day to stop by!

]]> By: Bill Lublin http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11672 Bill Lublin Wed, 21 May 2008 18:37:23 +0000 http://soundbiteblog.com/2008/05/21/broke-brokers-impatient-sellers-and-low-ball-buyers/#comment-11672 Well written, concise and way too true. I actually interuppted a shortened work day to read this, and you know what? It was well worth it. :-) Well written, concise and way too true. I actually interuppted a shortened work day to read this, and you know what? It was well worth it. :-)

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