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The Solution to Underquoting: Transparent Agency Agreements

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Manage episode 483316473 series 2286295
Content provided by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

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Live from Japan. A family member I know has put their home up for auction. By week two, they had three qualified buyers, but by week four, they'd lost all their buyers.
You see, a property nearby had also come onto the market and their agent quoted significantly lower despite the homes being comparable.
This happens all the time. And the solution to prevent this is not so simple...

  continue reading

Chapters

1. The Family Property Auction Dilemma (00:00:00)

2. The "Feed the Greed" Pricing Tactic (00:00:53)

3. Agent Obligations vs Buyer Deception (00:01:29)

4. Need for Transparency in Pricing (00:03:07)

5. Personal Update and ARIC Event (00:05:00)

755 episodes

Artwork
iconShare
 
Manage episode 483316473 series 2286295
Content provided by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Send us a text

Live from Japan. A family member I know has put their home up for auction. By week two, they had three qualified buyers, but by week four, they'd lost all their buyers.
You see, a property nearby had also come onto the market and their agent quoted significantly lower despite the homes being comparable.
This happens all the time. And the solution to prevent this is not so simple...

  continue reading

Chapters

1. The Family Property Auction Dilemma (00:00:00)

2. The "Feed the Greed" Pricing Tactic (00:00:53)

3. Agent Obligations vs Buyer Deception (00:01:29)

4. Need for Transparency in Pricing (00:03:07)

5. Personal Update and ARIC Event (00:05:00)

755 episodes

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