2006-10-01 04:34:42 · 14 answers · asked by walter_b_marvin 5 in Business & Finance ➔ Renting & Real Estate
You are probably dealing with a salesperson. If the salesperson continues to deny you, then call the broker for that office. I'm sure that broker would like to lower the price and get the home sold.
If that doesn't work, you can refuse to show the property and file an ethics complaint with the local board of Realtors. This is the squeaky wheel gets the grease situation...
Good luck
Joe Balllarino
Broker-Owner
http://www.AmerivestRealtyofNaples.com
2006-10-01 04:43:22 · answer #1 · answered by Joe_Ballarino 3 · 0⤊ 0⤋
I think this is is only a hypothetical question and not a real situation, yes? and someone gave you some dumb answer as well. The problem in the industry has never been the Realtor does not want to lower the price. On the contrary, it is always the seller who wants to price the property higher than the market will bear. But just for discussion, lets consider the following.
Usually there are only two reasons why properties do not sell. It is either priced too high or if no one knows the property is for sale. A Realtor may on occasions advise that you that you may be able to sell your house higher than what you expect, but they also will list the price lower if you want a quick sale. A higher than market price will mean zero commissions. A reduced price will bring in a commission quicker. The difference in the commissions is negligible. Who ever said that a sales person will hold up the sale for a larger commission is very ignorant about the industry and have no business giving "expert opinion".
I do not know why an agent would do that, but again for discussion sake, let suppose that is true. As another person suggested, make an appoint with the manager of the company and discuss the matter. There must be some very erxtraordinary reasons for that to happen. IF you do not agree with their opinion, ask them to release you from the listing agreement. Realtors are there to make a living. They are not interested in getting into an unproductive rock throwing contest with their clients.
2006-10-01 05:10:58 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Your realtor should be working for you, if you ask for your sale price to be lowered and they refuse then there's a breech of contract and you are no longer obligated to work with that realtor.
They don't want to lower the sale price because that would mean making less money as they work on a percentage.
2006-10-01 04:38:09 · answer #3 · answered by lizap1 2 · 0⤊ 1⤋
He (or she) works for you, not the other way around. It's YOUR house to sell, and YOU have the final say about the price. If he refuses to cooperate, go to his boss, the managing partner of the company. If he is a sole proprietorship, call the local board of Realtors.
2006-10-01 04:38:52 · answer #4 · answered by Carlos R 5 · 0⤊ 1⤋
Flat out tell them that if they don't, they're in breach of your listing with them and you have another realtor lined up. A little less commission is better than NO COMMISSION AT ALL. And they've already spent time and money with your listing.
If they're smart, they'll realize that bad word of mouth gets around fast!
2006-10-01 05:00:14 · answer #5 · answered by chefgrille 7 · 0⤊ 0⤋
Consider the fact that "your" realtor isn't really working for you. Is he/she working for the seller? Is their name on the sign in front of the house for sale? If so, odds are they don't work for you, and owe you nothing.
2006-10-01 12:05:47 · answer #6 · answered by AirDevil 4 · 0⤊ 0⤋
Your agent works for you. If he or she refuses to abide by your instructions, fire them! You should probably speak to the broker first. If he or she refuses to correct the problem (highly unusual) then just fire them and get another agent at a different broker.
2006-10-01 04:44:55 · answer #7 · answered by Bostonian In MO 7 · 0⤊ 0⤋
When you make a low ball offer, you not only offend the sellers, you make your Realtor look a little stupid as well. I wouldn't want to be put in that position. If you truly want the property, make a reasonable offer.
2006-10-01 04:41:41 · answer #8 · answered by Anonymous · 0⤊ 1⤋
Get another realtor.
2006-10-05 00:52:33 · answer #9 · answered by newyorkgal71 7 · 0⤊ 0⤋
I don't think they can do that I would go to thier broker about it and let them know that is what you want to do
2006-10-01 05:02:22 · answer #10 · answered by lspalletta 2 · 0⤊ 0⤋