Is this the beginning of the end for realtors?
#196
As a Realtor, this drives me nuts. I have seen this a fair bit, especially the instances of truly awful photos. What I don't get is why their clients put up with it...they will have signed a contract with the Realtor and they should pressure an under-performing Realtor to step up their game. Moreover, those sub-standard files you were dealing with should have been broght to the attention of the broker and pushed back to the Realtor to get the job done properly, (which pre-supposes that the broker would be bothered - most would be, some, I accept, wouldn't). It's shoddy stuff like this that makes Realtors the easy target they are for criticism.
Having seen some of the truly lousy representation on MLS, I supplied all the photos, dimensions, property details to my realtor, to make sure they were of the quality and detail I'd expect. If sellers can't be bothered to ensure their realtor's working appropriately on their behalf then they deserve whatever level of service they get.
#197
Ha! The brokers demanded that all of their listings hit MLS before the close of business that day. One guy didn't do this for a file as it was so inadequately completed he could make no sense of it, it was handed in late so everyone else had gone home for the night. He got fired. Thankfully, I moved onwards and upwards from that dire environment.
Eamonn.
#199
I think, in some smaller, local markets, I have seen that a very small number of Realtors tend to dominate and sometimes, this can be particularly unhealthy in terms of Realtors failing to strive to offer a better service, a problem that can manifest itself in many ways (eg: poor quality listings and photos, lack of adoption of new technologies, lack of price competition, etc). Perhaps, in these sorts of markets in particular, some clients maybe don't see enough listings that are different/better to appreciate they are not getting as good a service as they might. In bigger towns and in the cities, I am surprised when I see that a Realtor has been allowed to get away with poor performance.
Eamonn.
#200
Eamonn.
#201
"poor performance" I think they're pretty much the norm. Consider this listing for a "two storey brick detached house with forced air natural gas heating".
http://www.realtor.ca/propertyDetail...ertyId=9161327
If the description is accurate then that's some inefficient heating.
That one seems to be burned out. Other "features" I've seen in houses lately that weren't mentioned on mls included the 4' lean to one rear corner (the mls picture was taken from the street) and a crumbling rear, structural, wall in imminent danger of dumping the roof into the bedroom. It's fun to look at the houses and compare to the listings but it means that the mls data is not much help in searching. Since mls is the source of information for buyer's agents I'm becoming less and less convinced of the merit in having one.
Last edited by dbd33; Mar 26th 2010 at 6:35 am.
#202
http://www.realtor.ca/propertyDetail...ertyId=9161327
If the description is accurate then that's some inefficient heating.
If the description is accurate then that's some inefficient heating.
#203
Except that in Detroit it would be $15,000. In Buffalo it'd be five.
Something else that's an art in reading the mls descriptions is the Canadian versions of English estate agent speak, "cozy" meaning "tiny" and so on. Here they seem to go for pre-emptive disclosure so, for example,
"No Knob And Tube To The Best Of Seller's Knowledge"
means there's knob and tube. If there wasn't any it wouldn't get a mention.
Something else that's an art in reading the mls descriptions is the Canadian versions of English estate agent speak, "cozy" meaning "tiny" and so on. Here they seem to go for pre-emptive disclosure so, for example,
"No Knob And Tube To The Best Of Seller's Knowledge"
means there's knob and tube. If there wasn't any it wouldn't get a mention.
Last edited by dbd33; Mar 26th 2010 at 6:49 am.
#204
An interesting dilemma arises from that listing. Say you drop close to 400 grand on "land value." Do you then run the risk of having the place torched all over again as you rebuild it, by neighbours such as those you mentioned in a previous real estate thread? How should a buyer treat such a property - put up a tent in the living room and make the best of it, for fear of alienating themselves from their fellow-residents?
#205
An interesting dilemma arises from that listing. Say you drop close to 400 grand on "land value." Do you then run the risk of having the place torched all over again as you rebuild it, by neighbours such as those you mentioned in a previous real estate thread? How should a buyer treat such a property - put up a tent in the living room and make the best of it, for fear of alienating themselves from their fellow-residents?
#206
Ha! That's not yet a place where anyone is going to put a McMansion. It's convenient for Fred's unhygenic Fish and Chips which doubles as a booze can and adjacent to Metro Housing buildings. I should think the most likely use would either be as a grow-op or to rent "as is" to new immigrants.
#207







Joined: Jul 2007
Posts: 2,139

In saying all that, not all the agents were bad. Some worked really hard but still were winging it when it came to paying their bills and so on. Not a profession I would touch with a bargepole.
#208
I don't know that inaccurate or misleading listings on mls can be counted as
"poor performance" I think they're pretty much the norm. Consider this listing for a "two storey brick detached house with forced air natural gas heating".
http://www.realtor.ca/propertyDetail...ertyId=9161327
If the description is accurate then that's some inefficient heating.
"poor performance" I think they're pretty much the norm. Consider this listing for a "two storey brick detached house with forced air natural gas heating".
http://www.realtor.ca/propertyDetail...ertyId=9161327
If the description is accurate then that's some inefficient heating.
Anyway, doesn't that listing say it is being sold for land value only? Maybe the listing Realtor thought that anyone interested was going to rip it down and re-build and so didn't sweat the property description. Again, for me personally, I would list the home as fully as I was able but I'm just guessing at what the rationale of this particular Realtor might have been.
Eamonn.
#209










Joined: Aug 2005
Posts: 14,227











"pretty much the norm" on a sample of 1 listing is a bit of a stretch. There are over 6,000 active listings in Calgary and surrounds at present. I'm heading out in a mo so don't have time to check more deeply but I just pulled a tabulation of 1,498 of those homes and dumped them in a spreadsheet. Quickly scanning the spreadsheet, I can see maybe 25 homes that don't have at least a number of bedrooms listed, and some of these appear to be vacant lots. Almost all of them have the total floor area, year it was built, type of basement, whether that basement is fully finished or not, etc, etc. Now, of course, I cannot say if that data is accurate and I have no clue about standards of data entry in Toronto or wherever your highlighted listing is from, but I get the sense that a little more care goes into most (not all) property listings out this way.
Anyway, doesn't that listing say it is being sold for land value only? Maybe the listing Realtor thought that anyone interested was going to rip it down and re-build and so didn't sweat the property description. Again, for me personally, I would list the home as fully as I was able but I'm just guessing at what the rationale of this particular Realtor might have been.
Eamonn.
Anyway, doesn't that listing say it is being sold for land value only? Maybe the listing Realtor thought that anyone interested was going to rip it down and re-build and so didn't sweat the property description. Again, for me personally, I would list the home as fully as I was able but I'm just guessing at what the rationale of this particular Realtor might have been.
Eamonn.
#210
All this waffle about what realtors do etc. I'm sure you add value in some ways - but even stewarts (mostly contrived I think) long list isn't worth thousands of dollars. You are not a well liked profession because of this and it's not just amongst ex-pats; in fact I've just come from lunch where cradles were discussing the article in the OP. Nobody had a good word to say about what you do.



