Fat, Lazy Realtors - Posted by Thom
Posted by Thom on December 12, 1999 at 20:59:14:
I was just sitting here this morning, drinking coffee, doing my daily reading, e-mail and other web sites of interest, when, after reading a couple of posts on this site, it dawned on me how truly worthless and lazy Realtors® and other real estate agents are.
This afternoon, when most people are Christmas shopping or watching football, I will be in someone else?s house (for the third time this month) eating bon bons, setting on my fat lazy a__, hoping some sucker will come in and buy it.
After that I will go home and make sure that all the paper work is in order for the closing that I have tomorrow, on a house that I sold to the another sucker, who actually had to put up a down payment and have credit to buy his new home.
OK, so maybe I?m a little sarcastic, I read this site almost daily, much better than TV, there?s always a lot of questions like; “How do I find a real estate agent that will work for me?” I know that most of you will not agree, but here is my prospective.
If you called my office and asked me to show you houses, or asked me to help you locate a house, this is what would happen:
1.I would ask you to come in and meet with me at my office.
·At our meeting we would discuss:
·What type property you?re looking for (owner occupied, investment, SF, MF, etc)
·What you expect from me as your agent, because if I worked for you, you would sign an agency agreement.
·And, finally, what you?re financial situation is. You see if you have no money and no credit the chances are very good that we are not going to buy anything, and I?m not going to get paid.
You see, just like buying a house, if you can?t get the deal you like, you move on to the next.
If you brought me a contract on a house that I have listed, this is the way it would be handled:
- I would take the offer to my sellers, no matter what I thought of it.
- We, the sellers and I would discuss the positives and the negatives of the offer. If you were to offer a l/o, the sellers would understand the risk involved.
- If you did not supply a letter of credit or a pre-approval letter from your leader your chances of having a contract accepted are nil.
- Escape causes would be very tight, one week for inspection, no partnership approval. (If you can?t make the decision, don?t make the offer.)
You see as a listing agent I have the duty to promote the interest of the seller with the utmost good faith, loyalty, and fidelity. I also live in an area were most houses sell for the listed price or more, within days of listing.
Having said that, does that mean all agents are competent? NO. Are all agents lazy? NO.
Should you work with an agent? Maybe, maybe not, it really depends on what you expect from them. Remember, the only why they make money is by selling something. If you waste their time and never close a deal, don?t expect to much service.
Just like any other profession the 80/20 rule applies. Eighty percent of the business is going to be controlled by Twenty percent of the agents. (same rule applies to investing, about 80% of the deals are going to be made by 20% of you). Chances are the agents in the top 20% won?t work with you on creative real estate, (to busy doing the real thing) and the other 80% are too lazy or won?t understand it.
Sorry this is so long, but here my last thought. Zig Ziglar said:
?YOU CAN HAVE EVERYTHING IN LIFE YOU WANT IF YOU WILL JUST HELP ENOUGH OTHER PEOPLE GET WHAT THEY WANT?
Point is, stop thinking about yourself and start listening to those you profess you want to help, as long as you help other people solve their problems, you can be successful.