William's Blog...with a smile!

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So, Where did he get that information from?

Working with a young couple wanting to sell their first home.

I went through what the market is doing, and what has sold in the area .

I did a full market right there in from of them.

I came up with a price and the Mrs.'s said..."That isn't what my uncle Joe said we should list if for."

 

I am no longer surprised by these statements.

I asked..."Is he a Real Estate agent?"    no

"Has he bought and sold any homes in this area?"    no

"Do you know how uncle Joe got his number?"  no

 

"So, who do you think has the best information?"

 

If you are going to sell, trust a professional.  If you don't like the numbers or you think they are wrong, get 1 or 2 more to come in and give you a market value.

 

Just don't pull a umber out of a hat.

 

 

Comment balloon 13 commentsWilliam Feela • July 20 2017 12:16PM

Comments

Good morning William. Gotta love the uneducated authoritative opinion of Uncle Joe! A true nut case! Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) about 2 years ago

Great set of answers to keep in your hip pocket for when those questions Come up. 

Posted by Peter Mohylsky, Let me help you find your path to the beach. (PrimeSouth Properties) about 2 years ago

Oh, yes, William.  There are all sorts of Uncle Joes out there giving away free advice.  Too bad it's almost always bad advice.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) about 2 years ago

 William Feela - the questions you listed were poignant, piercing and persuasive.   I hope they did the trick for you so you got the listing. 

Posted by Suzanne Strickler, School is never out for the Succesful. (Realty Mark Associates) about 2 years ago

Good morning William Feela ,

Don't you love it when a friend or a relative tells a prospective what there house is worth? Never ceases to amaze me!!

Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.750.6899) about 2 years ago

Good morning William. This is funny but sad too. Nicely done. Unrealistic expectations from unknown sources......

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) about 2 years ago

William, we do hear this often, or they use the active comps that are over-priced and sitting on the market!  

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) about 2 years ago

Hi William, 

We often hear about "locker room lawyers" but you are correct there are many locker room RE agents as well! 

Posted by Sheri Sperry - MCNE®, (928) 274-7355 ~ YOUR Solutions REALTOR® (Coldwell Banker Residential Brokerage) about 2 years ago

I enjoyed reading your post. Thank you for sharing. Have a good day

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) about 2 years ago

I agree. Don't pull a number out of your hat or the region that the other end!!!

Posted by Kathleen Daniels, San Jose Homes for Sale-Probate & Trust Specialist (KD Realty - 408.972.1822) about 2 years ago

Oh those trusted family members that are such know-it-alls. They can mess up any deal.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 2 years ago

There are so many backyard professionals that  have no real idea and just pull numbers at random.

Posted by Vern Eaton, Realtor 651-674-7449 about 2 years ago

Time for Uncle Joe to bring you a buyer for that price.  A lot of deals screwed up by well meaning relatives.

Posted by Bob Crane, Forestland Experts! 715-204-9671 (Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities) about 2 years ago

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