Comments on: Turning Away “Business”…

By: Chantal

Chantal — Thu, 08 May 2008 01:53:56 +0000

Well done Jay. I love that you don’t take on any agent with a pulse…there are too many agents with the higher than thou attitude out there. To me it’s about the client and just having as much fun as possible doing the job. Not taking on the listings was a bit of a no-brainer, but turning down an agent that performs took goals and guts.

By: What are you reading? | Zillow® Blog

What are you reading? | Zillow® Blog — Thu, 08 May 2008 01:49:46 +0000

[...] Turning Away “Business”… (Jay Thompson) [...]

By: Ricardo Bueno

Ricardo Bueno — Wed, 07 May 2008 07:22:51 +0000

If it ain’t sellin’ there’s no point in taking it on :-/ It’s like you said, they’ll find someone to list at the price they want. Maybe they’ll come to their senses, maybe they won’t and as cruel as it might sound of me to say, I’m sure you can expend your energy and knowledge elsewhere (right?).

By: Milan

Milan — Wed, 07 May 2008 06:56:32 +0000

That’s awesome, that you just told them the truth… I say you’re contributing to improve the reputation of Realtors, one client at a time.

By: Going Public

Going Public — Tue, 06 May 2008 16:45:06 +0000

Sometimes you have to make smart business decisions and let clients go that are just going to waste your time in the long run. It’s a shame that people are so unrealistic about the real estate market, like it’s not already apparent that home prices are down the tubes right now.

By: Tucson Michael

Tucson Michael — Tue, 06 May 2008 04:46:42 +0000

So true, I seem to turn away just as much if not more business then I accept. The market in Tucson (as well as Phoenix) is not a “testing” market as a seller you can only hurt yourself by having to constantly accept less for your home then the day before, and as a real estate agent you will burn through advertising money never to be seen again. It’s just bad business all around. However like you said there will always be 20 agents for every overpriced listing thats also the exact reason why only 95% of agents are “still in the business” (in any facet) 5 years after they get into it, they have no concept of money making business practices or ability to assist clients with what they actually need help with. Anyway let’s let the thousands of other agents spin wheels just to say they have a little inventory.

By: ines

ines — Tue, 06 May 2008 02:38:37 +0000

We’re turning them down too – plenty of our competition will take overpriced listings to add to their inventory. We like to sell them, not hold them.

By: Landflip

Landflip — Tue, 06 May 2008 01:48:39 +0000

I think that more agents need to be honest with their clients and give them a true value of their property. The agents need to determine the price not the sellers. This approach will help keep market prices realistic, and it only takes one to ruin the market. We sell land and we are having this problem with a local agent. He is listing everything above market price. This isn’t good for the market or the seller. Overpricing a property is an injustice to the seller.

By: sfvrealestate

sfvrealestate — Tue, 06 May 2008 01:41:58 +0000

I’m a So. Cal. Realtor who comes to Phoenix often — I was born and raised there. Anyway, I loved this post. You might enjoy my Saturday post on my blog at http://sfvrealestate.blogspot.com. It’s called “3 Ways Sellers Sabotage Their Sale.” Yup, the first is in overpricing.

By: San Diego Real Estate

San Diego Real Estate — Mon, 05 May 2008 23:53:47 +0000

Hey Jay, I really like this site and wanted to let you know I created a new blog to feature some quality real estate blogs. http://www.teamaguilar.com/blogs/quality-real-estate-blogs/

I will continue to comment on your articles because I enjoy reading the information about your local market. Thanks,

Alex