BarbaraRose wrote:I texted my agent again about why my house isn't generating interest. He said things are slow right now. I have heard from several people in the park about how the houses around them have been selling right and left.
I also asked about doing an open house. He said he would bring over an Open House sign and I could have my own anytime I want.
What is this guy even doing to earn his hefty commission??? I think I need to ask to cancel the contract. Will look into how to do that without causing a big issue. So frustrating!
Barbie, it is an easy thing to go on Zillow (I do this all of the time), select for your area (name of town/city) select for type of listing (home, condo manufactured, etc.) and then select for "sold" listings.
You should end up with a list of manufactured homes that have sold in your area, their addresses, their photos, their description, the price that they sold for, and the date that they sold. You could even put together a spreadsheet of information to present to your realtor.
If you do this you can find out
for yourself if properties in your area "have been selling right and left", or if "sales are slow right now".
I follow what real estate is doing fairly closely (it is a hobby, and Zillow makes this easy).
From all that I have been reading, it would seem that real estate is in a bit of a slump, and is expected to get worse before it gets better.
But this is just overall, and generally.
Do the Zillow thing to find out
exactly what is happening in your
specific area (areas can be different).
Then you can either decide to give your realtor more time (if you have researched and documented that sales in your area are slow), or you can decide to attempt to get out of your contract (if you have researched and can document that sales have been "happening right and left", and he has been doing nothing).
Once you know what, where, when and for how much, you also can then locate the names of the realtors that have done this selling.
I also agree with what others have said. Trying to do an Open House on your own is pointless without the involvement of your realtor. And,
YES, this is partly why you will be paying him the Big Bucks:
for doing his job. Good luck!
When I sold my home several years back, I had several prospective realtors come to my house for an "interview" (done by me) before I signed. If they were "too busy" to come, they were off my list. If they didn't have the right answers to my questions, they were "gone". If they were newly licensed as realtors, I didn't even ask them to come for an interview.
I think I maybe interviewed five. I chose a woman who got the job done, in a relatively short period of time. And I would only sign the contract for the minimum required listing time, which I think was three months. When the realtors would protest at so short a listing (all of them did!) I replied that if things were going well after the three months period, I could always update my listing for a longer period (LOL - by "longer" I always meant for an additional minimum three months, only!).
What seems to happen sometimes is that many realtors only get excited when a listing is about to expire. The rest of the time they seem happy to "coast" along, without putting much effort in.
Anne