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bad listing pictures

Started by wanderer
over 13 years ago
Posts: 286
Member since: Jan 2009
Discussion about
Response by Riversider
over 13 years ago
Posts: 13572
Member since: Apr 2009

Here's an interesting question. The place is listed as a "short sale". Does it pass Easy Street's valuation for 15% below market which is the standard assumption for such transactions.

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Response by flarf
over 13 years ago
Posts: 515
Member since: Jan 2011

It won't get as much of a haircut because the lender already repossessed the baseboards.

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Response by NWT
over 13 years ago
Posts: 6643
Member since: Sep 2008

The FSBO listings have lots of contenders.

In the "I'd hang myself if I lived there" vein, try http://img.streeteasy.com/nyc/image/5/34585205.jpg

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Response by vslse65
over 13 years ago
Posts: 226
Member since: Feb 2011

Never ceases to amaze me why someone would not spend a few hundred bucks for a property worth HUNDREDS of thousands of dollars or more. smh

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Response by Consigliere
over 13 years ago
Posts: 390
Member since: Jul 2011

@Vslse65

It's an effort and money thing. Brokers do this all the time, fish. Hope that they can just put some pictures up and get someone to come in and take a look. This takes minimal effort and minimal cost.

How long does this take? How much effort? How much cost?

If you don't spend a lot, give much effort or much time...then who cares if you get no action. But if somehow someone bites, CHA CHING...$24,000.00 in commissions. Maybe the buyer's broker will do all the work (find the streeteasy sit etc.).

This is my problem with brokers. They don't seem to earn their commissions. Spend some money and give some effort.

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Response by vslse65
over 13 years ago
Posts: 226
Member since: Feb 2011

@Consigliere,

I hear you loud and clear. To be honest, I think with the advent technology, RE brokers are doomed if they continue to conduct themselves in this manner. There are those as you say, that do good work (frontporch seems to be one such broker here). But what I REALLY wonder about is what the OWNERS are thinking when they see their properties being represented like this.

I think one of the BIGGEST problems is the ease of getting a license. Even the HS GED exam is harder than the RE exam imo. Having said all that, there's NO excuse to have crappy photos when the avg. attention span of a internet user is mere seconds.

FULL DISCLOSURE:
I got my RE license when I started to manage my family's RE properties full-time, not because I WANTED to be a broker, but because I saw what a typical broker was about. I IMMEDIATELY FIRED ALL brokers after I saw what they were doing (or NOT doing actually). It's no wonder the industry has such a bad rep.

I now shoot all of our properties myself and represent our properties directly.

VLPNYC.com

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