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Any suggestions / advice. I have had several Realtors in the past, this will allow me to drop the price another 40+K. It's acreage / horse farm. Last Realtor was a lazy . I'm going to ask for pre-approval letters before showing.
Happy to work with Realtor at a price to include their commission (3%) but willing to sell lower direct to buyer, should I price it as if it's for Realtor or Buyer in my CL's ad.
Wow, you must be in an under served market. Where is this property where the agent is too lazy to work for a $40,000 paycheck? There are threes ways to price it, 1) based on what you want to walk away with 2) based on the market price. 3) Under market value.
Agent said she was an expert on horse properties (because she rides), hah -she had 3 listed and none have sold. Thankfully I only gave her a 6 month contract, she wanted one year. As soon as I told her I wanted pre-approved lookers only she quit trying (before she was showing it to anyone that emailed her). She was good at listing pretty photos of her property listings and her new Mercedes on her FB page, young and stupid. She was her own broker, so I think that didn't help.
I know what I want to walk away with so maybe list it at that price and if I get a call from a Realtor another price that includes their 3%. What do you all think?
Any suggestions / advice. I have had several Realtors in the past, this will allow me to drop the price another 40+K. It's acreage / horse farm. Last Realtor was a lazy . I'm going to ask for pre-approval letters before showing.
Happy to work with Realtor at a price to include their commission (3%) but willing to sell lower direct to buyer, should I price it as if it's for Realtor or Buyer in my CL's ad.
I've sold three FSBO's this year to my buyer clients. I always appreciate when FSBO's write on their ads if they are willing to work with agents and what compensation they are offering.
I think if it hasn't sold yet it's probably your fault and not the agents. Ultimately someone buys a property because the price, condition, terms, and location fit their needs. Sellers can't change the location but you do directly control the condition, price, and terms. You want it sold, fix your price/condition/terms and quit blaming the agent.
Agent controls marketing and that's it. As a fsbo you're in charge of marketing now. Get it on as many fsbo sites as you can, craigslist, local papers, whatever you need to get exposure.
Thanks Brandon, I did have it under contract with an agent that was buying for herself last winter. It was unlisted at the time and she approached me and made an offer, had inspections, everything then couldn't come up with the financing as it was dependent on her selling her home. So I don't think it's "my fault", it's an attractive farm in a great location. She had it in escrow for $25K more than I'm going to be marketing it direct to buyers.
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. I'm going to ask for pre-approval letters before showing.
