My husband and I were eating breakfast at the Good Egg the other morning and couldn't help but over hear a fellow talking to his elderly parents about their home. It was fairly obvious that his father had a hard time hearing and the louder he talked the more I was tuning in to what he was saying.
"Dad, the real estate market in Arizona is going crazy right now!" He said.
"Huh?" His father grunted
"THE HOMES ARE SELLING IN A MATTER OF HOURS." He said louder.
"HOURS?" His father yelled almost in half a question, half disbelief.
"Yes," He continued, "What you need to do is look for the signs in your neighborhood with the same real estate agent's name on them. These agents are the neighborhood specialists. They sell all the homes in the neighborhood and they know what is going on in that particular neighborhood. That is what you should do. That is how you find the best agents."
I nearly choked on my toast! I sort of heavy sighed and my ears were getting hot by this time. It was all I could do to compose myself. I continued listening, all the time in disagreement with much of what the well intentioned son said to his parents.
My husband leaned over and said, "Yeah right. Just because someone gets a bunch of listings in a neighborhood makes them a specialist. That poor guy is giving his parents the worst advice I have ever heard!"
"I know but it is probably what a lot of people think." I said.
"I think it is a hit and miss method of finding the best agent. Those attorneys that are ambulance chasers have their signs all over the TV and on bus benches, just because they have a sign out doesn't mean they are a specialist! Those guys are snakes?just like some real estate agents! You know, you have seen it. One crummy agent gets a listing and the next thing you know bam?they are listing homes all over the neighborhood. Doesn't mean they are good?a lot of them hang a sign and walk away. Anyone can call themselves a neighborhood specialist. What he is telling his father is ridiculous!" He sneered at me.
I couldn't believe this had hit a nerve with my quiet and well mannered husband. He was mad!
"Why are you so upset by this?" I asked.
"Its not a good way to select a professional. People should spend more time finding out what the agent does after the sale. I see you making deals happen. A lot of them would never close if you weren't on the phone naggin lenders, title companies and other agents!" He nearly shouted at me.
"Nag? I don't nag!" I said as I smiled at him.
"Well, you know what I mean." He said in a calmer voice.
He continued. "With the market the way it is, you know there are more agents going through real estate school now than ever before. Think about it. What if the agent can't negotiate strongly or they don't get the paperwork in and follow timelines? Not everyone is as obsessive / compulsive as you are! A lot of them are discount agents because they have nothing else to offer a client. The homeowner wants to save money and they think all agents are the same so they go with the discount agents. You know some of those agents are either not the sharpest tool in the shed or they are simply greedy and list a bunch of homes and have no marketing skills at all. Some of them lie and are crummy at life, how could they specialize in anything?" He snorted in disgust.
"You are right, you don't have to convince me." I agreed. "But you know there are a lot of professionals out there too. I work with them every day. Our office is filled with them." I repeated. "Filled with them."
"Yeah, yeah, but your office gives extensive training and you fully train the agents you bring in under your wing. I don't see a lot of brokerages doing that. Most of them show you the phone and say good luck. That is why so many people fail in the first 6 months." He said. "You know most companies aren't like that at all. Most of the agents I have seen don't have a clue."
"I know, I know. You are right. There ARE a lot of unprofessional agents that really don't care how they treat their clients, they are just in it to collect a check. More people should shop around and find the right agent to sell their home. I agree with you so lighten up." I said to him.
Of course I slipped over discreetly and passed this fellow and his parents my business card and introduced myself.
His mother quickly asked, "What neighborhoods do you work?"
I just smiled and said, "A lot of different neighborhoods, all in the East Valley."
"Oh." She responded coolly.
After what her son had just told her, suspected they wouldn't call. The unfortunate thing is they have about a 50/50 chance of getting someone skillful. And in my opinion, skill is only a small piece of the pie. I think it really takes five key ingredients to find a truly successful person in any industry, especially real estate because it is most people's largest asset and they are paying you a lot of money to use great care and skill in selling their home.
Skill is only the first key ingredient.
Skill is completing all the necessary documents in a timely manner and providing the sellers with an education on the process of selling their home. Also, skill is very important in pricing a home correctly and marketing is huge. Getting maximum exposure is honestly what most of it is about. Are you wondering what the other four are?
Number two is character. Character is a person's internal compass that guides their decisions. It is a guide to treating people honestly, respectfully and fairly.
Number three is philosophy. Philosophy is how deeply they ponder character, situations and people. Philosophy is sort of the purpose behind the character. How they see life in general I guess. My favorite philosophy is a simple one that most of us learned as a child. It is called the ant philosophy and defines the character qualities of work ethic, purpose and diligence.
Number four would be attitude. Attitude is how they respond to people and situations. When something goes wrong, are they negative or do they have an attitude of getting things done without anger, procrastination, and pettiness. Do they know how to motivate others to work with them or do they tick people off wherever they go?
Lastly, number five is goals. Goals are important because you have to have a plan in selling your home. How quickly do you need to sell? How much will you make on the sell of your home, what fees are you looking at? Without a goal or target, how do you know where to aim? Goals stem from both needs and wants. Strong goals push you toward results.
To make the picture a little clearer in your mind, let me ask you, have you ever worked with someone that had a high level of skill, character, goals, and philosophy about their job, yet displayed a crummy, negative attitude? Or perhaps their attitude was good, yet they just didn't have any direction or goals in life and you suspected they would never get very far in their career, let alone their life. Or worse still is maybe they had a great attitude, strong skills, strong philosophies, and they achieved their goals but they stole, lied and cheated to get what they wanted.
When selecting an agent to help you with buying or selling a home, it is in your best interest to find someone that works on all five key ingredients that will make them a success, isn't it? Of course it is! When they are truly a success in every sense of the definition, you will enjoy success too, right?
Michelle Shelton lives in Gilbert, Arizona on horse property with her husband Paul and their five children. Michelle is an author, educator, recruiter and licensed Arizona REALTORŅ. If you would like Michelle to assist you in purchasing or listing a property in Arizona, please visit her website: http://www.askmichelleshelton.com or contact her directly at michelleshelton@yahoo.com
If your problem is listed below, a 1031 exchange may... Read More
Do you want to see something that is absolutely amazing?... Read More
Fractional shares ("fractionals") are sometimes confused with other vacation property... Read More
It's high time someone advocated the use of common sense... Read More
You hear it asked on the radio, in the newspapers... Read More
Take me Back to the Black HillsLocated in Western South... Read More
With new destinations such as Bulgaria, Slovenia and Croatia offering... Read More
STEP#1. First you have to recognize that in order to... Read More
The home selling and buying process can be confusing. This... Read More
Buyers think they care more about the inside of the... Read More
Why offer seller financing when you sell? A higher price,... Read More
The real estate cycle, like the business cycle, refers to... Read More
Estonia's reputation is growing within the property investment market. Rising... Read More
I can't emphasize enough how important it is to have... Read More
So you've picked up your first (or third, or tenth)... Read More
The real estate agent is a valuable source of potential... Read More
In the world of real estate, there is a huge... Read More
So much advice is bandied about on the internet and... Read More
Kirk and Tina Sczepanik had a dream. They wanted a... Read More
A typical real estate commission on a $234,000 home (national... Read More
Home Buying Don'tsYour home buying process is well underway. The... Read More
Buying a house can be a daunting task, even for... Read More
Are we in a housing bubble? To answer that question... Read More
Real estate values rise and fall in cycles. Currently home... Read More
There are several different types of listing contracts. Few of... Read More
Everyone knows that at the end of a home inspection,... Read More
Wouldn't you rather go to Tahiti? Are you a landlord... Read More
Buying a house is the best way you can create... Read More
Property Investing Secrets: When you Make Property Easy to Buy... Read More
Who are you preparing your home to sell to?You, as... Read More
Because you need quick action when applying for a real... Read More
Making money with "fixer-uppers" isn't about repairing drywall or planting... Read More
Here is a step by step guide for buyers looking... Read More
FSBO, what is it? FSBO means For Sale by Owner,... Read More
Selling your own home can be a time-consuming and frustrating... Read More
Looking to relocate to a Californian suburb with a low... Read More
In many places you can buy a house and a... Read More
Owning a house is part of the American Dream. Depending... Read More
The last downturn of the global stock market saw millions... Read More
The Florida housing market has attracted many foreigners to invest... Read More
Nobody seems to be 'Leaving Las Vegas' anymore ? in... Read More
Property Investing: A Buyer's Secret Weapon When Purchasing Real EstateMy... Read More
Most people get involved in Real Estate investing to make... Read More
Financial literacy is the means of empowering consumers to make... Read More
In the world of real estate, there is a huge... Read More
When trying to sell a home, silence isn't always golden... Read More
GETTING THE MOST FOR THE LEASE-TRACKING YOUR REAL ESTATEIf you... Read More
Doing deals with sellers is why you went into lease... Read More
1. Time is money when selling your homeAfter you've made... Read More
You're travelling in a foreign country and you get arrested... Read More
So how do you find the best foreclosures. Its not... Read More
Branding can be done to any product, or any person.... Read More
The housing market is hot, and you've decided to list... Read More
I can't emphasize enough how important it is to have... Read More
Fixtures, related to real estate, are items that were originally... Read More
When is the best time to buy? When is the... Read More
You've found the perfect home, closed escrow and just finished... Read More
Making money with "fixer-uppers" isn't about repairing drywall or planting... Read More
Development, it's bound to happen.Simply because there is a large... Read More
For small business owners, commercial real estate investment is the... Read More
When you sell your home, appraisers use comps (comparable market... Read More
If you are in the home buying or selling market,... Read More
As sure as the spring flows at The Fountain of... Read More
Earlier this year the Hawthorn suites in Lake Buena Vista... Read More
Is your pet worth $100,000? It may be if you... Read More
Real estate investing is pretty unusual in lots of ways.... Read More
Real Estate |