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Nesgroup address: alt.real-estate-agents - Date & Time for the message: Tue, 22 Feb 2005 16:18:46 -0500
/ Author of the message: "homan4" |
Title of the message: |
Re: What is going on with the market?
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Text of the message: |
Exactly my point. Some states interpret working *for* the seller as having the responsibility to price the home correctly, because "sub agents" depend on the accuracy of pricing when showing buyers. In these states listing a home drastically over-priced is considered a violation of fiduciary responsibility, and some local Boards consider that to be an action that is in essence "non-cooperating" because the sub agents cannot sell the home because buyers cannot find a mortgage due to appraisal problems. In Florida the lack of or as you are so insistent on "limited" fiduciary responsibility of transaction agents, and non reps allows for homes on the market way above market value. To take it a step farther In Florida I have had homes priced at or maybe 5% above market shown by agents to buyers qualified to make purchases 20% below the asking price. These agents then have the brass to present a CMA to the |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.