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You are here: Home / Denver Real Estate / The cause of all your real estate problems…

The cause of all your real estate problems…

March 25, 2010 by Spencer Barron

It was me.

My deepest apologies for bringing down the neighborhood with this preforeclosure listing but the truth is, I got the job done for my clients in a difficult market. Not to mention my sales in the neighborhood remain the highest priced non-builder resales. But it begs the question, How much responsibility does an agent bear when it comes to home values? Can real estate brokers actually drive prices up or down or do we simply enable the transaction allowing the buyer to pay what the seller will accept?

Some people believe that the agents are bringing down the neighborhoods.  Thus, this anonymous phone call.

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P.S. In case you were wondering. There is no such thing as an anonymous anything anymore. A Google search of the telephone number, his work number, gave me his employer. An insurance company. Insurance sales people are licensed in Colorado. A half hour cross-referencing names between the licensing database and neighborhood homeowners gave me his name and address. The FSBO around the corner that had been on the market for almost 2 years.

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Filed Under: Denver Real Estate, Featured, foreclosures, FSBO, housing bubble, Personal, Selling a home

Comments

  1. Eric at Yorba Linda says:
    August 16, 2010 at 3:18 pm

    Wow….that was officially a very pleasant message…lol. Another homeowner thinking that their home is worth more than it actually is, dont we see this quite often? Perhaps on just about every listing presentation?

    I think that there can be some influence from an agent but not a whole bunch as the seller has to agree and concent to all of your actions.

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