760,035
Add on get licensed & have the MLS & my answer would be yes; but then THEY would be a Realtor.
-
Raj Taj
Lake Bluff, IL
-
Debe Maxwell, CRS
Charlotte, NC
-
Allie Angeloni
Oro Valley, AZ
-
Susie Kay
Plano, TX
-
Richie Alan Naggar
Riverside, CA
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Jeff Dowler, CRS
Carlsbad, CA
-
Michael Jacobs
Pasadena, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Mary Yonkers
Erie, PA
706,149
They're missing out on the greatest factor of the MLS-- Unleashing thousands of agents exposure to his property.
-
Gary Frimann, CRS, GRI...
Gilroy, CA
-
Nancy Frimann
Gilroy, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Allie Angeloni
Oro Valley, AZ
-
Susie Kay
Plano, TX
-
Bob Crane
Stevens Point, WI
-
Richie Alan Naggar
Riverside, CA
-
Lyn Sims
Schaumburg, IL
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
2,071,025
:)
Everybody can read an article about surgery, but only the doctor can do it. :)
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Brenda Mayette
Glenville, NY
-
Debe Maxwell, CRS
Charlotte, NC
-
Allie Angeloni
Oro Valley, AZ
-
Michael Jacobs
Pasadena, CA
-
Susie Kay
Plano, TX
-
Richie Alan Naggar
Riverside, CA
-
Bob "RealMan" Timm
Minot, ND
-
Valeria Mola
Sunny Isles Beach, FL
1,598,452
Interesting question.
I would say - a seller is alone.
Realtors - we are an large institution with the experience.
-
Valeria Mola
Sunny Isles Beach, FL
-
Brenda Mayette
Glenville, NY
-
Debe Maxwell, CRS
Charlotte, NC
-
Allie Angeloni
Oro Valley, AZ
-
Michael Jacobs
Pasadena, CA
-
Susie Kay
Plano, TX
-
Bob "RealMan" Timm
Minot, ND
-
Richie Alan Naggar
Riverside, CA
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
117,135
The part about all this training that is not taught is the ACTUAL sales part. It is very easy to say to go out and network, but acctually doing it it very difficult. Securing that first contract, making that first sale, negotiating for your client who is under tremendous stress and pressure of getting the house sold is not something I've seen work too well in the classroom enviromnent.
You need to develop the drive to get out there everyday whatever your strategy-
The concept of how to do it, is different from the skills of actually doing it.
You need both to be successful
-
Debe Maxwell, CRS
Charlotte, NC
-
Allie Angeloni
Oro Valley, AZ
-
Susie Kay
Plano, TX
-
Bob Crane
Stevens Point, WI
-
Richie Alan Naggar
Riverside, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
2,684,769
Opportunity cost.
The reason we charge a commission is because we have done, and continue to do, all of those things on your list. If a FSBO wants to spend days and weeks and hundreds of hours learning this craft, how much money will they save?
-
Brenda Mayette
Glenville, NY
-
Debe Maxwell, CRS
Charlotte, NC
-
Allie Angeloni
Oro Valley, AZ
-
Richie Alan Naggar
Riverside, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
5,117,178
Would they have access to the type of marketing agents do? Can they schedule appointments properly? Can they vet buyers properly. Can they negotiate for themselves? I think we bring a whole lot of value to the table beyond "book" knowledge. There's a reason when I take on a listing it sells faster and for more money than an agent who is doing their first listing.
-
Brenda Mayette
Glenville, NY
-
Allie Angeloni
Oro Valley, AZ
-
Michael Jacobs
Pasadena, CA
-
Susie Kay
Plano, TX
-
Bob "RealMan" Timm
Minot, ND
-
Richie Alan Naggar
Riverside, CA
-
Peter Testa
Danbury, CT
1,507,073
They would still be at a distinct disadvantage by not being in the MLS. However, I do think it's possible for them to sell, just maybe not at the highest price.
-
Debe Maxwell, CRS
Charlotte, NC
-
Allie Angeloni
Oro Valley, AZ
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Richie Alan Naggar
Riverside, CA
-
Peter Testa
Danbury, CT
-
Nina Hollander, Broker
Charlotte, NC
2,403,205
Your 1st question gets a YES... the key is your wording any reason why they couldn't succeed? they may not be people person's, in prison, haven't bathed this year etc. etc.
Your 2nd question Real Estate instructors teach how to do most anything! Yes? NO! There is a hell of a lot they don't teach... it's not a 12 year school on life Richie Alan Naggar
-
Debe Maxwell, CRS
Charlotte, NC
-
Allie Angeloni
Oro Valley, AZ
-
Michael Jacobs
Pasadena, CA
-
Susie Kay
Plano, TX
-
Richie Alan Naggar
Riverside, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Peter Testa
Danbury, CT
4,584,596
Is the Agent Professor instructor plan?
-
Debe Maxwell, CRS
Charlotte, NC
-
Susie Kay
Plano, TX
-
Richie Alan Naggar
Riverside, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Peter Testa
Danbury, CT
5,063,430
In a few cases, yes. Will they really save money or sell for what they could? Hmmm.
-
Debe Maxwell, CRS
Charlotte, NC
-
Allie Angeloni
Oro Valley, AZ
-
Richie Alan Naggar
Riverside, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Peter Testa
Danbury, CT
-
Michael Jacobs
Pasadena, CA
3,350,764
Peter Testa captured my thoughts on this.
-
Gary Frimann, CRS, GRI...
Gilroy, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Peter Testa
Danbury, CT
-
Michael Jacobs
Pasadena, CA
2,190,282
Certainly it can be done. Most who do sell FSBO don't feel the need to "study up" on how. The percentage who are actually successful as FSBOs is relatively small... probably falling into the Pareto Principle. Whether they save any money is questionable because there are lots of intangible (immeasureable) way to lose money in a real estate transaction.
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob Crane
Stevens Point, WI
-
Richie Alan Naggar
Riverside, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
509,449
They are missing the real experience. It's like someone reading all kinds of cooking books and attends all major chefs shows on how to cook, but never been to the kitchen to wash, cut, and prepare the real food.
-
Peter Testa
Danbury, CT
-
Debe Maxwell, CRS
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Susie Kay
Plano, TX
3,590,666
Here we go again! For years we know that right after an 'investor seminar' we're going to be flooded with these newly minted do it yourselfers. Nothing new about that.
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Richie Alan Naggar
Riverside, CA
-
Peter Testa
Danbury, CT
-
Nina Hollander, Broker
Charlotte, NC
377,087
I think they could succeed but that would take a lot of their time and why not leave it to a professional. Unless they are becoming one themselves. Even if they learn what to do, they don't have the experience behind them and that is valuable.
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Susie Kay
Plano, TX
-
Bob "RealMan" Timm
Minot, ND
-
Richie Alan Naggar
Riverside, CA
-
Nina Hollander, Broker
Charlotte, NC
809,258
Just like people do their taxes on their own (we don't), write their own wills & business operating agreements through programs like legal zoom (we don't) and other DIY things, it certainly can be done, and is. However, they are spending their own money and time in marketing, showings and negotiations. We provide a service that people pay for and there may be significant reasons to use an agent instead of doing it yourself. I bet we save on taxes paying someone to do it for us. I'm certain our will and operating agreements and contracts for our businesses are more iron-clad having paid an attorney to write them. Likewise, a seller likely will sell more quickly and for a higher price, even paying out commissions, and statistics show that. But of course, they can do it themselves, it's their choice. Whether it will save them thousands is debatable. Sometimes maybe it will, often it probably won't. -Kasey
-
Debe Maxwell, CRS
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
4,907,547
I could read a bunch of auto repair books; however, that would not make me a mechanic.
-
Debe Maxwell, CRS
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
5,583,328
you either have it or you don't..... most DON'T.....
-
Debe Maxwell, CRS
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
1,231,853
Maybe they will be the next 'scammer' in the neighborhood.
-
Debe Maxwell, CRS
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Peter Testa
Danbury, CT
-
Michael Jacobs
Pasadena, CA
6,426,255
Many reasons why folks, both agents and fsbos, fail, and just as many reasons why they succeed.
-
Bob Crane
Stevens Point, WI
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Richie Alan Naggar
Riverside, CA
1,625,651
Depends. Sometimes you have to bring a 3rd party to tell you the truth. For example, many sellers do not notice smell of their home, or clutter, or necessary updates and repairs. And I do not mention negotiation and communication on behalf of the sale. Emotions and ego can be a huge obstacle when you try to sell your biggest asset. It is about experience. One can watch as many utube videos as you can, but a personal experience is irreplaceable.
-
Joyce Marsh
Daytona Beach, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Richie Alan Naggar
Riverside, CA
1,389,455
I’ve known a few that previously were licensed and were successful selling their own. If they are willing to put in the time involved I think it is possible.
-
Debe Maxwell, CRS
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
7,871,872
Maybe.
-
Debe Maxwell, CRS
Charlotte, NC
-
Richie Alan Naggar
Riverside, CA
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
1,712,876
I found that the best peoiple in FISBO conversion had a knack for it and specialized. They also developed a good presentation.
-
Richie Alan Naggar
Riverside, CA
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
-
Mary Yonkers
Erie, PA
519,324
One in a hundred might, most won't. What is their time worth, how many mistakes can they afford to make due to what isn't taught?
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Richie Alan Naggar
Riverside, CA
2,459,743
Some people can certainly sell a home on their own, successfully. In general though, most people would do better using a professional.
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Richie Alan Naggar
Riverside, CA
1,847,911
Experience .....
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Richie Alan Naggar
Riverside, CA
-
Peter Testa
Danbury, CT
921,504
"....is their any reason why they couldn't succeed?"
Yes.
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Richie Alan Naggar
Riverside, CA
5,773,392
Richie,
They could succeed, I am certain of that given that they really understand the process. However, the question would be, it is worth it time wise?
-
Michael Jacobs
Pasadena, CA
-
Richie Alan Naggar
Riverside, CA
-
Peter Testa
Danbury, CT
-
Bob "RealMan" Timm
Minot, ND
3,168,284
totally depends on their commitment and ability to learn. And to a degree, even their personality.
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Richie Alan Naggar
Riverside, CA
-
Bob "RealMan" Timm
Minot, ND
613,494
Gosh...that is more education than most licensed agents engage in.
Eve
-
Michael Jacobs
Pasadena, CA
-
Richie Alan Naggar
Riverside, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
5,258,996
Hey, if you can dream it, you can do it, right?!
Whether you want to work FSBOs or sell to suckers, there's something in it for everyone! LOL
-
Richie Alan Naggar
Riverside, CA
-
Peter Testa
Danbury, CT
-
Bob "RealMan" Timm
Minot, ND
3,986,308
WEll, there is no access to the biggest outlet for lisitngs...MLS
-
Richie Alan Naggar
Riverside, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
5,246,568
You cannot fix stupid!
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Richie Alan Naggar
Riverside, CA
2,222,281
I agree with Evelina Tsigelnitskaya
-
Richie Alan Naggar
Riverside, CA
-
Anthony Acosta - ALLAT...
Atlanta, GA
1,242,204
Most think they know it all. They hang signs FOR SALE-no realtor please, next week hang Pending in 4 days. Then sold multiple offers. Go to Office Depot for $10 for a form. Faster than the professionals.
-
Richie Alan Naggar
Riverside, CA
-
Bob "RealMan" Timm
Minot, ND
1,045,440
You are asking could the succeed yes. Likely by their do everything you've mentioned they would easily need to "invest" hundreds if not thousands of dollars on the education portion... Plus their personal time.
Not to mention then having to spend money on properly marketing the home and again the time they would need to invest they would still be disadvantaged compared to a full time experienced pro.
Stats say few FSBO's succeed and those that do typically end up paying the buyer broker fee for the buyer so not so sure there is any real benefit to the majority.
-
Richie Alan Naggar
Riverside, CA
5,879,826
Missing on-the-job training, which cannot be learned from a book.
-
Richie Alan Naggar
Riverside, CA
4,968,122
Still can make mistakes till they get 5 deals under their belt.
-
Richie Alan Naggar
Riverside, CA
1,326,624
Statistics say 'no'.
Some FSBOs succeed. Most do not.
-
Richie Alan Naggar
Riverside, CA
3,416,038
NO, real estate courses teach one how to pass the test. Selling real estate teaches you how to sell rea estate. Short of an incredible mentor who you shadow and learn by doing, an agent learns by success and failure. It is easier to find a buyer then get the sale to close.
-
Richie Alan Naggar
Riverside, CA
4,800,132
Maybe. Some will succeed and some won't. There are Realtors who also will fail when trying to sell their own home.
-
Richie Alan Naggar
Riverside, CA
4,434,177
3,840
Can you please clarify your question? Couldn't succeed at what? At selling their own home? If you're asking about having success at selling their own home, the answer would depend on what their cost was at utilizing their time and money on selling their own home, vs. hiring a REALTOR. For example, if their home was worth about $200K and their regular job paid 50K per month, they would likely be worse off taking time away from work just to save commissions, vs. putting time into their high-paying job and paying a REALTOR commission.
-
Richie Alan Naggar
Riverside, CA
1,555,100
Are they employed elsewhere? Real Estate is an "all in" business. Consistency with competence and character is a full-time career.
-
Richie Alan Naggar
Riverside, CA
2,195,834