How To List Every House Every time
After three decades in the residential real estate market I have discovered the secret to list every house every time! Some agents never learn these words of wisdom. Others spend a lifetime waiting for this magic elixir. The solution simply is to promise more than you can deliver.
If a seller is not serious about selling and insists on a ridiculously high asking price, take the listing anyway. What do you have to lose beside your time and you reputation? Use the 'Three P's' - put up a sign, put it in MLS, and pray the market improves.
Why worry about staging? The car dealers say there a rear end for every seat. Therefore, isn't there a buyer for every house? Is it not politically incorrect to questions someone's decorating preferences? Isn't that a protected class? Isn't cruelty to shag carpeting a misdemeanor in California? That smell could be temporary indigestion. Forget about it.
Setting sarcasm aside, the purpose of a listing appointment, particularly in a weak market, is to determine if youwant to retain a seller at a particular price. The goal is not to obtain any listing, but to appraise the property, the seller's motivation, and the probability that the agent's efforts will result in a sale in a reasonable period of time.
Years ago, I was on a caravan and one proud agent was bragging that they never had a listing expire. To this day, this remains the most inane comment I've ever heard. Obviously, this agent was new to the business, didn't take enough listings, or had a very wry sense of humor.
An expired listing in this market is a badge of courage. The agent had the guts to try to find a buyer. Walking away from an unsaleable listing deserves a medal of honor. Cancelling a listing due to pricing inflexibility, or a seller's resonable demands is worthy of a purple heart.
There is no way every listing should be taken every time in this market. Don't miss the remake of the song 'Fifty ways to leave a listing alone'.