05-09-2008, 04:14 PM
24 posts, read
64,677 times
Reputation: 10
Quote:
Originally Posted by
momof2dfw
1) Shop for a new 'agent' as we can terminiate agreement after next couple weeks?
If your realtor was able to get a lot of showings in the first two weeks it is not the listing agents fault that buyers are not coming to see your house now. Nothing about the advertisement has changed as long as it is listed on MLS and the pictures are of good quality. This really would not change anything.
2) Give buyers an incentive?
eh. Maybe help w/ closing costs or offer the appliances to stay if you don't mind shopping for new ones yourself. First time homebuyers might like that idea. Afterall, they would have to go out and buy them and if they are already stretching to even buy in the first place this might be a decent incentive if your appliances (fridge, washer & dryer) are decent.
3) Raise buyer's agent comission?
If your not already doing a 3% to any buyers agent I would HIGHLY suggest this. The 3% buyers agent commission is the norm in this area.
4) Yeah!! Just offer buyers a beer party at home..?
SURE. Can we come
Now I DO recommend a Realtors Open House/Luncheon. This DOES work as do open houses. If several in the neighborhood are having an open house why not do it the same day. Gives buyers a nice break on mileage and gas as they can see multiple houses all in one stop almost. This weekend would not be a good weekend though w/ Mothers Day. The rest of the month is going to be spotty as well with all of the high school graduations going along as well as tons of year end stuff (dance recitals, school functions, banquets, etc).
Thanks "Mother of two DFW". I will ask agent on Open House.... If he does not suggest that then I may do it myself holding bear bottle in my hand.....(yeah! I know you will buy from me...
.
Of course, we are offering buyer's agent comission 3%. I was thinking even raising it further to give incentive to bring a 'BUYER'. Several folks told me NOT to do so as it will not make much of a difference as 'buyers buy houses and pay for it and not agent'....But I lean towards, if I really need to sell then do whatever it takes....
05-09-2008, 05:16 PM
Location: Lake Highlands (Dallas)
2,394 posts, read
8,595,792 times
Reputation: 1040
Quote:
Originally Posted by
momof2dfw
2) Give buyers an incentive?eh. Maybe help w/ closing costs or offer the appliances to stay if you don't mind shopping for new ones yourself. First time homebuyers might like that idea. Afterall, they would have to go out and buy them and if they are already stretching to even buy in the first place this might be a decent incentive if your appliances (fridge, washer & dryer) are decent.
When I sold in Allen, we negotiated the fridge and the front loading washer/dryer. This really made a difference to the buyer.
05-09-2008, 06:55 PM
Location: DFW
40,951 posts, read
49,183,047 times
Reputation: 55008
Open Houses don't work
I disagree that Open Houses are effective. Ten years ago maybe, but today buyers aren't driving neighborhoods looking at homes. They are on the internet saving time & money.
05-09-2008, 08:16 PM
Location: Dallas/Fort Worth, Texas
4,207 posts, read
15,255,953 times
Reputation: 2720
I agree with Rakin that open houses don't work here as they do in other markets or as they did before. Today they are simply a lead generation for agents. Seasoned agents don't even do the open house themselves, they have rookie agents from their office do it so they can pick up a buyer or 2...
05-09-2008, 08:27 PM
Location: DFW
40,951 posts, read
49,183,047 times
Reputation: 55008
We have 2 homes recently that had been on the market awhile in hard to sell areas. On both homes, the seller made a price adjustment and increased the buyers agent commission to 3.5%
05-09-2008, 09:44 PM
Location: Dallas/Fort Worth, Texas
4,207 posts, read
15,255,953 times
Reputation: 2720
If you want to give any type of incentive, I suggest that you offer it to the buyer not to the agent. An agent can only bring the buyer to look at the house and only the buyer will make the ultimate decision and may be offering to pay 3K of the buyers closing costs could be enough to tilt the balance in your favor.... Just make sure that your agent includes it in the "public remarks" so it will appear on the advertising sites.
05-09-2008, 09:50 PM
Location: The Big D
14,862 posts, read
42,873,839 times
Reputation: 5787
Quote:
Originally Posted by
Rakin
I disagree that Open Houses are effective. Ten years ago maybe, but today buyers aren't driving neighborhoods looking at homes. They are on the internet saving time & money.
Nope, two sold by me thru an open house. One of them had a TON of traffic and they were not nosey neighbors either (the owner and I were sitting out front on my porch during the open house). They CAN be effective and you are correct that not many are held nowadays like they were 10 years ago.
I've known realtors that have been attacked in an open house and do agree they are not always safe. BUT, a Realtors Open House Luncheon is a totally different ballgame. This is for the REALTORS in the area to come thru the house and get a "free lunch" and a look at a house in the area for sale. Then they can go back to their clients and recommend they look at it. Or if they get a call in a few weeks and the new clients needs fit the bill of the house they recently saw on tour or at a luncheon. These are still done and can be effective. I remember the days when realtors used to do previews a few days before they actually showed the clients. I'd imagine sellers would go beserk over that nowadays.
05-09-2008, 10:31 PM
Location: Norcross GA
983 posts, read
4,442,007 times
Reputation: 470
I agree with momof2 as far as Realtors open house. And I also say that offering a buyer's agent a little more incentive is a great idea too. I know it shouldn't be the case but in a buyer's market with tons of inventory many agents will bypass a listing that is offering a really low commission to them like 2%. Since you are offering a competitive commission, then if you have your agent add a bonus ($2000 or increase it to 3.5%) to the info in the MLS that only agents can see I'm willing to bet your traffic picks up.
05-09-2008, 10:36 PM
Location: Norcross GA
983 posts, read
4,442,007 times
Reputation: 470
Open houses are like the lottery. Most times you lose but every once in a while you hit the jackpot. I know a Veteran Realtor that let a rookie agent hold an open house for a $800,000 listing. Buyer came through without an Agent, came back two more times and bingo rookie agent hit the jackpot!
05-12-2008, 11:35 AM
24 posts, read
64,677 times
Reputation: 10
Well, this weekend, 1 showing and they came back Sunday to take a second look....let's see what/if anything we hear back. Call the agent to see what they up to? We will do that. But the best feedback I consider, would probably be a 'nice' contract......
Any ideas to market the property on the internet OTHER THAN listed in real estate marketing 101 i,e MLS/Realtor.com/Craigslist??? Please share you 'true' experiences on other sites....
Thanks again.
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Residents speaking other language at home - Native, born elsewhere (%)
Residents speaking other language at home - Foreign born (%)
Class of Workers - Employee of private company (%)
Class of Workers - Self-employed in own incorporated business (%)
Class of Workers - Private not-for-profit wage and salary workers (%)
Class of Workers - Local government workers (%)
Class of Workers - State government workers (%)
Class of Workers - Federal government workers (%)
Class of Workers - Self-employed workers in own not incorporated business and Unpaid family workers (%)
House heating fuel used in houses and condos - Utility gas (%)
House heating fuel used in houses and condos - Bottled, tank, or LP gas (%)
House heating fuel used in houses and condos - Electricity (%)
House heating fuel used in houses and condos - Fuel oil, kerosene, etc. (%)
House heating fuel used in houses and condos - Coal or coke (%)
House heating fuel used in houses and condos - Wood (%)
House heating fuel used in houses and condos - Solar energy (%)
House heating fuel used in houses and condos - Other fuel (%)
House heating fuel used in houses and condos - No fuel used (%)
House heating fuel used in apartments - Utility gas (%)
House heating fuel used in apartments - Bottled, tank, or LP gas (%)
House heating fuel used in apartments - Electricity (%)
House heating fuel used in apartments - Fuel oil, kerosene, etc. (%)
House heating fuel used in apartments - Coal or coke (%)
House heating fuel used in apartments - Wood (%)
House heating fuel used in apartments - Solar energy (%)
House heating fuel used in apartments - Other fuel (%)
House heating fuel used in apartments - No fuel used (%)
Armed forces status - In Armed Forces (%)
Armed forces status - Civilian (%)
Armed forces status - Civilian - Veteran (%)
Armed forces status - Civilian - Nonveteran (%)
Fatal accidents locations in years 2005-2021
Fatal accidents locations in 2005
Fatal accidents locations in 2006
Fatal accidents locations in 2007
Fatal accidents locations in 2008
Fatal accidents locations in 2009
Fatal accidents locations in 2010
Fatal accidents locations in 2011
Fatal accidents locations in 2012
Fatal accidents locations in 2013
Fatal accidents locations in 2014
Fatal accidents locations in 2015
Fatal accidents locations in 2016
Fatal accidents locations in 2017
Fatal accidents locations in 2018
Fatal accidents locations in 2019
Fatal accidents locations in 2020
Fatal accidents locations in 2021
Alcohol use - People drinking some alcohol every month (%)
Alcohol use - People not drinking at all (%)
Alcohol use - Average days/month drinking alcohol
Alcohol use - Average drinks/week
Alcohol use - Average days/year people drink much
Audiometry - Average condition of hearing (%)
Audiometry - People that can hear a whisper from across a quiet room (%)
Audiometry - People that can hear normal voice from across a quiet room (%)
Audiometry - Ears ringing, roaring, buzzing (%)
Audiometry - Had a job exposure to loud noise (%)
Audiometry - Had off-work exposure to loud noise (%)
Blood Pressure & Cholesterol - Has high blood pressure (%)
Blood Pressure & Cholesterol - Checking blood pressure at home (%)
Blood Pressure & Cholesterol - Frequently checking blood cholesterol (%)
Blood Pressure & Cholesterol - Has high cholesterol level (%)
Consumer Behavior - Money monthly spent on food at supermarket/grocery store
Consumer Behavior - Money monthly spent on food at other stores
Consumer Behavior - Money monthly spent on eating out
Consumer Behavior - Money monthly spent on carryout/delivered foods
Consumer Behavior - Income spent on food at supermarket/grocery store (%)
Consumer Behavior - Income spent on food at other stores (%)
Consumer Behavior - Income spent on eating out (%)
Consumer Behavior - Income spent on carryout/delivered foods (%)
Current Health Status - General health condition (%)
Current Health Status - Blood donors (%)
Current Health Status - Has blood ever tested for HIV virus (%)
Current Health Status - Left-handed people (%)
Dermatology - People using sunscreen (%)
Diabetes - Diabetics (%)
Diabetes - Had a blood test for high blood sugar (%)
Diabetes - People taking insulin (%)
Diet Behavior & Nutrition - Diet health (%)
Diet Behavior & Nutrition - Milk product consumption (# of products/month)
Diet Behavior & Nutrition - Meals not home prepared (#/week)
Diet Behavior & Nutrition - Meals from fast food or pizza place (#/week)
Diet Behavior & Nutrition - Ready-to-eat foods (#/month)
Diet Behavior & Nutrition - Frozen meals/pizza (#/month)
Drug Use - People that ever used marijuana or hashish (%)
Drug Use - Ever used hard drugs (%)
Drug Use - Ever used any form of cocaine (%)
Drug Use - Ever used heroin (%)
Drug Use - Ever used methamphetamine (%)
Health Insurance - People covered by health insurance (%)
Kidney Conditions-Urology - Avg. # of times urinating at night
Medical Conditions - People with asthma (%)
Medical Conditions - People with anemia (%)
Medical Conditions - People with psoriasis (%)
Medical Conditions - People with overweight (%)
Medical Conditions - Elderly people having difficulties in thinking or remembering (%)
Medical Conditions - People who ever received blood transfusion (%)
Medical Conditions - People having trouble seeing even with glass/contacts (%)
Medical Conditions - People with arthritis (%)
Medical Conditions - People with gout (%)
Medical Conditions - People with congestive heart failure (%)
Medical Conditions - People with coronary heart disease (%)
Medical Conditions - People with angina pectoris (%)
Medical Conditions - People who ever had heart attack (%)
Medical Conditions - People who ever had stroke (%)
Medical Conditions - People with emphysema (%)
Medical Conditions - People with thyroid problem (%)
Medical Conditions - People with chronic bronchitis (%)
Medical Conditions - People with any liver condition (%)
Medical Conditions - People who ever had cancer or malignancy (%)
Mental Health - People who have little interest in doing things (%)
Mental Health - People feeling down, depressed, or hopeless (%)
Mental Health - People who have trouble sleeping or sleeping too much (%)
Mental Health - People feeling tired or having little energy (%)
Mental Health - People with poor appetite or overeating (%)
Mental Health - People feeling bad about themself (%)
Mental Health - People who have trouble concentrating on things (%)
Mental Health - People moving or speaking slowly or too fast (%)
Mental Health - People having thoughts they would be better off dead (%)
Oral Health - Average years since last visit a dentist
Oral Health - People embarrassed because of mouth (%)
Oral Health - People with gum disease (%)
Oral Health - General health of teeth and gums (%)
Oral Health - Average days a week using dental floss/device
Oral Health - Average days a week using mouthwash for dental problem
Oral Health - Average number of teeth
Pesticide Use - Households using pesticides to control insects (%)
Pesticide Use - Households using pesticides to kill weeds (%)
Physical Activity - People doing vigorous-intensity work activities (%)
Physical Activity - People doing moderate-intensity work activities (%)
Physical Activity - People walking or bicycling (%)
Physical Activity - People doing vigorous-intensity recreational activities (%)
Physical Activity - People doing moderate-intensity recreational activities (%)
Physical Activity - Average hours a day doing sedentary activities
Physical Activity - Average hours a day watching TV or videos
Physical Activity - Average hours a day using computer
Physical Functioning - People having limitations keeping them from working (%)
Physical Functioning - People limited in amount of work they can do (%)
Physical Functioning - People that need special equipment to walk (%)
Physical Functioning - People experiencing confusion/memory problems (%)
Physical Functioning - People requiring special healthcare equipment (%)
Prescription Medications - Average number of prescription medicines taking
Preventive Aspirin Use - Adults 40+ taking low-dose aspirin (%)
Reproductive Health - Vaginal deliveries (%)
Reproductive Health - Cesarean deliveries (%)
Reproductive Health - Deliveries resulted in a live birth (%)
Reproductive Health - Pregnancies resulted in a delivery (%)
Reproductive Health - Women breastfeeding newborns (%)
Reproductive Health - Women that had a hysterectomy (%)
Reproductive Health - Women that had both ovaries removed (%)
Reproductive Health - Women that have ever taken birth control pills (%)
Reproductive Health - Women taking birth control pills (%)
Reproductive Health - Women that have ever used Depo-Provera or injectables (%)
Reproductive Health - Women that have ever used female hormones (%)
Sexual Behavior - People 18+ that ever had sex (vaginal, anal, or oral) (%)
Sexual Behavior - Males 18+ that ever had vaginal sex with a woman (%)
Sexual Behavior - Males 18+ that ever performed oral sex on a woman (%)
Sexual Behavior - Males 18+ that ever had anal sex with a woman (%)
Sexual Behavior - Males 18+ that ever had any sex with a man (%)
Sexual Behavior - Females 18+ that ever had vaginal sex with a man (%)
Sexual Behavior - Females 18+ that ever performed oral sex on a man (%)
Sexual Behavior - Females 18+ that ever had anal sex with a man (%)
Sexual Behavior - Females 18+ that ever had any kind of sex with a woman (%)
Sexual Behavior - Average age people first had sex
Sexual Behavior - Average number of female sex partners in lifetime (males 18+)
Sexual Behavior - Average number of female vaginal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a woman (18+)
Sexual Behavior - Average number of woman performed oral sex on in lifetime (18+)
Sexual Behavior - Average number of male sex partners in lifetime (males 18+)
Sexual Behavior - Average number of male anal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a man (18+)
Sexual Behavior - Average number of male oral sex partners in lifetime (18+)
Sexual Behavior - People using protection when performing oral sex (%)
Sexual Behavior - Average number of times people have vaginal or anal sex a year
Sexual Behavior - People having sex without condom (%)
Sexual Behavior - Average number of male sex partners in lifetime (females 18+)
Sexual Behavior - Average number of male vaginal sex partners in lifetime (females 18+)
Sexual Behavior - Average number of female sex partners in lifetime (females 18+)
Sexual Behavior - Circumcised males 18+ (%)
Sleep Disorders - Average hours sleeping at night
Sleep Disorders - People that has trouble sleeping (%)
Smoking-Cigarette Use - People smoking cigarettes (%)
Taste & Smell - People 40+ having problems with smell (%)
Taste & Smell - People 40+ having problems with taste (%)
Taste & Smell - People 40+ that ever had wisdom teeth removed (%)
Taste & Smell - People 40+ that ever had tonsils teeth removed (%)
Taste & Smell - People 40+ that ever had a loss of consciousness because of a head injury (%)
Taste & Smell - People 40+ that ever had a broken nose or other serious injury to face or skull (%)
Taste & Smell - People 40+ that ever had two or more sinus infections (%)
Weight - Average height (inches)
Weight - Average weight (pounds)
Weight - Average BMI
Weight - People that are obese (%)
Weight - People that ever were obese (%)
Weight - People trying to lose weight (%)
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Open Houses don't work
