http://blog.agentharvest.com/finding-an-agent/real-estate-agents-get-3-more-selling-their-own-home-than-when-selling-yours/ Find out what the real estate industry isn't telling you, as told by a licensed Realtor Wed, 04 Jan 2012 18:45:23 +0000 hourly 1 http://wordpress.org/?v= http://blog.agentharvest.com/finding-an-agent/real-estate-agents-get-3-more-selling-their-own-home-than-when-selling-yours/#comment-2387 John Mon, 30 May 2011 04:52:31 +0000 http://blog.agentharvest.com/?p=440#comment-2387 Just now I read Freakonomics. This is really very helpful topic. I agree with it. Just now I read Freakonomics. This is really very helpful topic. I agree with it.

]]> http://blog.agentharvest.com/finding-an-agent/real-estate-agents-get-3-more-selling-their-own-home-than-when-selling-yours/#comment-2385 Bill Petrey, Realtor Fri, 27 May 2011 20:28:46 +0000 http://blog.agentharvest.com/?p=440#comment-2385 Louann: Glad you liked my insight. Freakonomics naturally assumes that agents will eagerly go for the easy sale versus the better price since it's not much of a commission difference and while that may be true with some agents, most agents will go the extra mile. I think it really depends on the expectations of the client. If the client is more risk-averse, and more willing to take a chance, then the Realtor may opt to hold out. However, if the client is blaming the agent for EVERYTHING and wants it sold now, then they get what they ask for. Remember, not only do agents work for commission, they also work for referrals. If they do a great job with you, they hope you'll recommend them to someone else so it is in their best interest to get the best offer. Referrals weren't addressed in the Freakonomics study. Louann:
Glad you liked my insight. Freakonomics naturally assumes that agents will eagerly go for the easy sale versus the better price since it’s not much of a commission difference and while that may be true with some agents, most agents will go the extra mile. I think it really depends on the expectations of the client. If the client is more risk-averse, and more willing to take a chance, then the Realtor may opt to hold out. However, if the client is blaming the agent for EVERYTHING and wants it sold now, then they get what they ask for. Remember, not only do agents work for commission, they also work for referrals. If they do a great job with you, they hope you’ll recommend them to someone else so it is in their best interest to get the best offer. Referrals weren’t addressed in the Freakonomics study.

]]> http://blog.agentharvest.com/finding-an-agent/real-estate-agents-get-3-more-selling-their-own-home-than-when-selling-yours/#comment-2383 Louann Chho Wed, 25 May 2011 03:38:31 +0000 http://blog.agentharvest.com/?p=440#comment-2383 You made some excellent points that a realtor SHOULD be able to get more for their house. I read Freakonomics and felt uncertain that they drew the right conclusion from those statistics. I appreciated your logical and professional opinion on this. You made some excellent points that a realtor SHOULD be able to get more for their house. I read Freakonomics and felt uncertain that they drew the right conclusion from those statistics. I appreciated your logical and professional opinion on this.

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