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The general population believes their interests match the interests of their real agents, but more often than not, that is not the actual case. Research done by Steven Levitt and Stephen Dubner, authors of Freakonomics, illustrates that agents keep their own homes on the market for an average of ten days longer than their clients’ homes. The agent has incentive to persuade the client to sell his/her home as soon as an offer close to the asking price comes on the table, rather than wait for an extra week for the best possible offer. For example, if a house is put on the market for $1,000,000 and someone offers $950,000, the agent will tell the seller to take that offer. This is because from the extra $50,000, the agent will only make an extra $250 in commission, but for that he/she will have to advertize and work for an extra week. Therefore, the agent has an incentive to sell a house as soon as possible and move onto the next one.
On the other hand, Manhattist, Inc. understands the importance of our clients’ needs. We realize how important it is to get the best possible price for a property, and that is not only important to the client but it is also important to our image. Manhattist will spend as much time with a client as needed, and will do everything possible to satisfy the client.
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