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Home > Archive > Real estate forum > July 2005 > Re: Help U Sell, any good ?
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Re: Help U Sell, any good ?
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"Steve Horrillo" <usenet@stephenhorrillo.com> wrote in message
news:Yqeye.24990$Tt.66@bignews3.bellsouth.net...
quote:
>
> On 4-Jul-2005, geofrog <georgek@humboldt1.com> wrote:
>
>
> I've trained a couple of Help U Sell offices. The owner's seem to be
> honest
> and believe in their system. Yet IMO the business model is very flawed. If
> you use their marketing without going into the MLS you are severely
> limiting
> your exposure to qualified buyers. You will only get results if you sell
> under market value. If you don't mind getting top dollar you'll be happy.
> If
> they have to put you on the MLS you best make sure they pay the Buyer's
> agent at least 3%.
>
> The best approach is to coordinate the time you have to sell with the
> sales
> price you need to get. The rule of thumb I use is, with full
> (MLS)exposure,
> if your house sells in less than 60 days you've under priced it.
>
> I used to work for www.buyowner.com / www.mlsrealty.com. IMO their system
> is
> the best if you can't see clear to doing it the traditional way.
I disagree with some of your points. I'm a Realtor for a large discount
brokerage franchise. We offer MLS services (as does help-u-sell) but not
all of our sellers choose to be listed on the MLS. A lot of them cannot
afford - or do not choose to pay - the co-broke's fee... or they're simply
not in a hurry to sell and would like to save as much as possible. I
*always* point out that their home will gain more exposure on the MLS,
thereby *probably* getting a faster sale...but still about half choose not
to go that route. It usually depends on whether they NEED to sell and how
quickly. If their home sits on a heavily-traveled road and the asking price
is low enough to appeal to first time buyers, I have had an excellent track
record selling the home without the use of the MLS. The point you made that
I *strongly* disagree with is that you'll only get results if you sell under
market value. I do not under-price homes nor does anyone in our office that
I know of.....we look at the same MLS system to pull comps as a full service
agent does. I refuse to list if it's grossly over-priced just like you or
anyone here probably has. My sellers have input as to where to price the
home, but I still reserve the right to accept the listing or not. If the
program didn't work and I didn't feel passionately about it, I wouldn't be
part of it. Discount programs like help-u-sell work very well as long as
you don't allow an unethical agent to grossly under-price your home - but
that can happen in the full-service program just as easily as it does in a
"fee for service" program.
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