How often does someone tell you "My Friend is a Realtor?"
It sometimes implies the person knows more than you do!
I wish I had a nickel every time i hear those "famous last words"..
Regretfully, many Realtors simply shouldn`t give out an opinion,unless of course they know an area.
I wish I had a nickel every time i hear those "famous last words"..
Regretfully, many Realtors simply shouldn`t give out an opinion,unless of course they know an area.
Just because you have a license in another state doesn`t really qualify you to give a professional opinion.
I you asked me what a home in Houston should be sold for , i`d tell you the truth and insist you seek guidance from someone who resides in the area of interest.
Friends always have the right intentions,they mean well.
Five weeks ago we met a client who wanted to place an offer on a home located in Hollywood, Florida.
The buyer really liked the home and was ready to place an offer.
We ran the comps, explained where we felt the home could be purchased.
The buyer agreed, asked me to send the listing to a friend which we did.
The friend resides in New Jersey and has a Real Estate license in that state.
Apparently, the friend decided to use Zillow.com. Bad move!
Zillow was off by $90,000.
The homes in the area sell for much higher than what Z guessed.
The buyer was upset at us for giving out Bogus advice.
It didn`t matter we ran the comps, live in the area, and have sold homes in this region for 10 years.
Our professional opinion compared to her friend in New Jersey and Zillow meant more.
We received another offer last week and our seller executed the contract.
The person who viewed the home called us last night apologizing for telling us we gave her a "Bogus Opinion", they had been shopping around the area with another Realtor and realized the home we had listed was in fact "Priced Right", they wanted to know if they could place an offer on the home.
I explained the home was in contract and the person was extremely upset.
They explained after much review and consideration that both Zillow and her friend were incorrect.
Hard to believe, huh?
Friends in the business mean well, but, giving out an opinion is not good business,unless you fully know the area.
Using Z has a guideline isn`t much better!
This person missed out on a great buying opportunity!
Friends always have the right intentions,they mean well.
Five weeks ago we met a client who wanted to place an offer on a home located in Hollywood, Florida.
The buyer really liked the home and was ready to place an offer.
We ran the comps, explained where we felt the home could be purchased.
The buyer agreed, asked me to send the listing to a friend which we did.
The friend resides in New Jersey and has a Real Estate license in that state.
Apparently, the friend decided to use Zillow.com. Bad move!
Zillow was off by $90,000.
The homes in the area sell for much higher than what Z guessed.
The buyer was upset at us for giving out Bogus advice.
It didn`t matter we ran the comps, live in the area, and have sold homes in this region for 10 years.
Our professional opinion compared to her friend in New Jersey and Zillow meant more.
We received another offer last week and our seller executed the contract.
The person who viewed the home called us last night apologizing for telling us we gave her a "Bogus Opinion", they had been shopping around the area with another Realtor and realized the home we had listed was in fact "Priced Right", they wanted to know if they could place an offer on the home.
I explained the home was in contract and the person was extremely upset.
They explained after much review and consideration that both Zillow and her friend were incorrect.
Hard to believe, huh?
Friends in the business mean well, but, giving out an opinion is not good business,unless you fully know the area.
Using Z has a guideline isn`t much better!
This person missed out on a great buying opportunity!
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