Real estate forum - Re: Should I Sell to a 'We Buy Ugly Houses' Company?

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Re: Should I Sell to a 'We Buy Ugly Houses' Company?

curtislawson@gmail.com

2005-07-16, 12:25 pm

I am a Realtor, but I work mainly with investors. I have found (in my
market - Houston) that the average Realtor lists a fixer-upper for way
too much. The properties generally sit on the market for a long time,
and eventually an investor buys it for what it would have gone for to
begin with if they had just gone straight to the investor. I know
every market is different, but I have seen alot of homeowners get
screwed because their agent tells them their little crapbox is worth
way more than it really is, just so they can get a listing. I have
lost many many listings to agents who inflate their estimate of the
house's value to get the listing. I tell them what it will take to
sell the house FAST, but we all know that eveyone thinks their house is
worth more than every other house in the neighborhood (especially old
people). Again, I'm not badmouthing Realtors, I am one. Just stating
my observations.

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