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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: the_wheel who wrote (7010)	11/21/2002 9:19:52 PM
From: Elroy Jetson	Respond to of 306849

You're reasonable, honest and not prone to litigation. You hope a potential buyer is the same, but sometimes things don't turn out that way. When I sell a property for a friend as a Broker I always have Errors and Omissions insurance. Representing the seller places part of the seller's risk upon me. That's the deep pocket which the seller gets as one benefit for paying a commission. Advice which hopefully avoids potential problems is a more important benefit of engaging an agent. Sometimes I sense a potential buyer is of a litigious nature and suggest the seller might want to pass on their offer, but the decision is up to the seller. You may feel comfortable selling your home yourself - or you may be better served by finding a different agent you feel more comfortable with. One who will agree to provide you the services you believe you need at a realistic cost. I only work with friends. And only with those who will agree to sell for what we both agree is current market price. A straight-forward sale at market price is well worth my time at half of 5% but a seller who wants more than market price is not worth my time at any price. If people don't believe my valuation I suggest they pay for an independent appraisal. The insight this gives them is well worth the $350 or so it costs.