
I have only one criteria when choosing a client. That criteria is very difficult to describe, because the best term to describe my favorite clients, I only know in the Greek language. I dated a Greek guy for six years, from the time I was 16 until I was 22. Whenever he introduced me to his Greek friends and relatives, they would lightly and quickly thump their fist on their chest and say
"kalu ka thYA" (emphasis on the YA). Generally, they were saying, "She has a good heart."
When I meet a potential new client, I am actually interviewing them to determine whether or not I want to work with/for them. This can be a great business or it can be a miserable business. The difference between the two is the clients one chooses. Agents who view all people as "leads", who think anyone wanting to buy or sell a property is a "potential client", do both themselves and the client a great disservice.
My talents are best suited to people who need my "help". To sellers who need to sell their home at the highest price they can get, and who are willing to roll up their sleeves WITH me, and get the house to its highest potential, spending little or no money to do that.
To buyers who recognize that there are many potential pitfalls in the home buying process, and who want someone to tell them when they are about to make a mistake.
I have very little time for someone who wants to end up with all of the chips on their side of the table when the "deal is done".
I have very little time for a seller who thinks his house is ready, because he shouldn't have to do a thing to get top dollar and he can wait for "just the right sucker" to come along and fork over more than the home is worth, so HEcan WIN and THEY can LOSE.
I have NO/ZERO time for a buyer who wants to find some little old lady who can be tricked into selling her home for a great deal less than it is worth. (Yes, I have met people like that.)
All of of my clients are people raised with good values and who have a strong moral code, in other words...people who possess "kalu ka thYA"..."a good heart". Once in a blue moon, I agree to represent a total bastard...but only because I feel sorry for his wife ![]()
So when a buyer or seller complains, "I guess they didn't NEED my business because they never called me back after we met",
maybe the agent didn't "follow up" because the agent chose you, not.
More and more I see people printing out huge Xcel Spreadsheets and valuing property based on price per square foot.
Clearly no agent uses price per square foot as the primary valuation tool. Clearly no Appraiser uses price per square foot as the primary valuation tool. Why then is the general public latching on to this concept?
Dangers:
Paying the same price for this house as the last one sold because it is the same model and square footage, without factoring in the difference in lot size and location considerations.
Paying the same price for this condo as the last three sold, without factoring in differences in view considerations from the North corner of the building from the South corner of the building.
Paying the same price for this house as the similar one four blocks away without factoring in the difference in School District between the two.
It is unlikely you will ever get a bargain by using price per square foot as a valuation tool. But is it quite likely you can get fooled into overpaying by using Price Per Square Foot as your primary valuation tool.
How do you find your new home? Instead of looking at houses for sale in person or on the internet, first visit all of your friends. Ask them what they most like and dislike about their homes. Take notes. Write down the address of the homes you like most.
It always amazes me when people head out to find a home as if they have never seen a house before. What is appealing to the eye is not always the most comfortable home to live in. After you life in your home awhile, that "eye appeal" factor becomes less and less important, and your comfort in functioning in the home on a daily basis becomes more and more important.
I have never found someone who moved out of their home because of what it looks like, and yet it seems almost every buyer chooses a house because of what it looks like. If you like to take walks, make sure you would enjoy the walk in the neighorhood you are buying. If you love to watch the sun rise or sun set, make sure you can see that from within your home.
It ain't all about granite counter tops :)
My partner Kim Harris offers his perspective on what drew him TO the Pacific Northwest in 1964 and KEPT HIM in Seattle since he got off the plane from Vietnam in 1969...
The History - The Tremendous Impact and Signficance of this area on the Music Industry (Kim's previous life and passion, as founder of Easy Street Records and teacher of "The History of Rock and Roll" at the U and BCC and original manager of Queensryche, when they were high school kids hanging out at his Easy Street Records, of then, on Bel-Red Road...long past history all over the world managing bands and music venue and private label and much more...on to his LOVE of Seattle from a music perspective:
The (fabulous) Wailers - Tall Cool One, being able to find things in Seattle he spent two months trying to find in record stores in San Francisco as a teenager, The Kingsmen, Paul Revere and the Raiders, Quincy Jones, The Sonics, Viceroys, Jimi Hendrix, Bluebird, The Daily Flash, Brothers Johnson, Sir Mix-a-Lot, QueensRyche, Heart, Sound Garden, Nirvana, The Melvins, Pearl Jam, Screaming Trees, Mudhoney, Presidents of the USA, Modest Mouse, Built to Spill, Foo Fighters, Alice in Chains...
The Castle, Lake Hills Roller Rink (believe it or not), Eagles Auditorium, The Blue Moon, The Show Box, The Vogue, The (original) Off Ramp, RKCNDY, The Tractor, the Crocodile...
Other influences that made a difference: Sub Pop and CZ Records, Thom Bell, Bruce Pavin, Boyd Grafmyer (presents), Pat McDonald who was a major influence on music from his time at KOL-fm to this day, as a not often enough writer of the Seattle Times. His infrequent musings on today's music are not to be missed. Jack Endino and the Great Pat O'Day. Campus Music, Discount Records, Music Millennium, East Street Records and Celophane Square.
Paul Allen and his Experience Music Project (EMP) for having kept Seattle's Music History alive, for the benefit of both visitors to Seattle and local residents of Seattle, due to his love of music generally.
The Seattle Weekly and The Stranger still give a left of center approach to what is happening currently in the Seattle Area. Great Articles on Food, Music, Shopping, what to do...etc.
Enjoy Seattle Music Lovers!!! A trip down Memory Lane!
It has been pretty standard for agents to pay referral fees to one another of between 20% to 25% of the commission. It has also been pretty standard for companies to receive a referral fee of 35% to 50% from agents who are representing their relocated employees.
However had the buyer or seller consumer known, that 35% to 50% of the commission was going to end up back with their Company, or 20% to 25% were going to end up with an agent for "selling their name" to another agent, thie practice may not have continued to cut so deeply into the buyer and seller's pocket for so long.
This is an area that needs to be changed, as all of the Bottom Feeder sites like HouseValues and HomeGain and Lead Generation sites generally, are cutting more and more into the consumer's ability to get the best service at the lowest price.
At minimum, referral fees should be clearly disclosed, and they are not disclosed at all...not even most times at Closing on the HUD 1. You have to wonder if this is legal because of NAR Lobbyists. Clearly "hidden" costs are not legal anyplace else in the industry involving real estate practitioners. Every other form of "kickback" is illegal, except the agent to agent referral. Time for that to change. I don't want to see it become illegal, but it should be less and it should be disclosed.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved