Posts tagged "Myths & Lies"

Beware Of Top Producing Real Estate Agents Who Lie

Beware Of Top Producing Real Estate Agents Who Lie
I’ve actually written several blog posts in the past about how real estate agents use meaningless statistics and even false advertising to get your business. They do it because apparently people fall for it. It would appear that if you tell enough lies people will believe at least some of them and elect select you.... Read more »

Pocket Listings: The Growing Fad To Sell Homes "Not On The MLS"

Pocket Listings: The Growing Fad To Sell Homes "Not On The MLS"
If I might say so myself I pretty much decimated the arguments for pocket listings about a year and a half ago. In fact, for once I’m actually in agreement with the majority of real estate agents – most oppose selling homes “not on the MLS”. All you have to do is google the term... Read more »

Myths And Lies: Why Do Real Estate Agents Make So Much Money?

Myths And Lies: Why Do Real Estate Agents Make So Much Money?
It’s a great question and one that I asked many years ago, which prompted me to get into the real estate business in the first place: Why do real estate agents make so much money? And the answer is so complicated that I can’t do it justice in just one blog post. So I’ll simply... Read more »
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Your First Offer Is Your Best Offer - Fact Or Fiction?

Your First Offer Is Your Best Offer - Fact Or Fiction?
When home sellers get their first offer* they are very likely to be told by their real estate agent that the first offer is the best offer – and real estate agents state this as though it’s a statistically validated fact. It’s part of the real estate mythology that is repeated like a mantra. But... Read more »

How Real Estate Agents (Try To) Convince You That They Are Neighborhood Experts

How Real Estate Agents (Try To) Convince You That They Are Neighborhood Experts
Last week I posted on the #2 Myth About Selling Your Home – the silly idea that you need a real estate agent that is the neighborhood (or building in the case of a high rise) expert to get the highest price for your home. But I saved until today the whole topic of how... Read more »

JD Power Once Again Finds No Difference In Real Estate Brokerage Satisfaction

JD Power Once Again Finds No Difference In Real Estate Brokerage Satisfaction
I’m looking at the same JD Power real estate brokerage satisfaction survey data that everyone else is looking at and coming up with a totally different headline. JD Power does this survey every year and every year they tout their results and the leading real estate brokerage leverages the bragging rights for the next year.... Read more »
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Were You Convinced By Century 21's Super Bowl Commercial?

Were You Convinced By Century 21's Super Bowl Commercial?
Yes, I’d rather write a blog post than watch the Super Bowl. This year marks the 46th year that I’ve missed the Super Bowl. I believe I hold the world record for males not watching the Super Bowl. As a process engineering guy I just can’t get past the fact that you have to spend... Read more »

When Homes Are Overpriced - Example: Oak Brook

When Homes Are Overpriced - Example: Oak Brook
Single family homes in Oak Brook are way overpriced. How do I know this? There are two glaring indicators based upon sales data from the last year. First, all you have to do is look at what homes in Oak Brook are selling for relative to their list prices and the discounts are huge compared... Read more »

Battling Real Estate Myths With My Own Family

Battling Real Estate Myths With My Own Family
In trying to handle the sale of my parents’ Dallas home from Chicago I guess I should have realized that I would encounter the typical real estate myths from my own family members – but I didn’t. I guess I naively thought that they read every one of my blog posts and had bought into... Read more »
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The #1 Myth About Selling Your Home

I’ve run into this home selling myth enough times that I finally decided to write an entire blog post on it – not to mention that I think I’ve finally heard enough variations on this myth that I can write a substantial post on the topic. And here it is: Home sellers often believe –... Read more »