Comments on: Agent Value in the Age of Ebay http://www.notorious-rob.com/2009/02/03/agent-value-in-the-age-of-ebay/?utm_source=rss&utm_medium=rss&utm_campaign=rss Conversations about the real estate industry, marketing, technology, and public policy Sat, 11 Feb 2012 02:48:33 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Marvin Jensen http://www.notorious-rob.com/2009/02/03/agent-value-in-the-age-of-ebay/#comment-882 Marvin Jensen Fri, 06 Feb 2009 19:21:12 +0000 http://notorious-rob.com/?p=612#comment-882 Ron. Great post and good insights. The intrinsic part of pricing is the great mystery of real estate, and good agents know how to address it. Most buyers’ buy on emotion; if the house has all the wow the buyer is looking for, then the house sells. A good listing agent will not only price the intrinsic into the listing price, they will know how to show it in its best light. Online value estimate don’t even address the subjective or intrinsic part of pricing. Ron.

Great post and good insights. The intrinsic part of pricing is the great mystery of real estate, and good agents know how to address it. Most buyers’ buy on emotion; if the house has all the wow the buyer is looking for, then the house sells. A good listing agent will not only price the intrinsic into the listing price, they will know how to show it in its best light. Online value estimate don’t even address the subjective or intrinsic part of pricing.

]]> By: Marvin Jensen http://www.notorious-rob.com/2009/02/03/agent-value-in-the-age-of-ebay/#comment-4123 Marvin Jensen Fri, 06 Feb 2009 19:21:00 +0000 http://notorious-rob.com/?p=612#comment-4123 Ron. Great post and good insights. The intrinsic part of pricing is the great mystery of real estate, and good agents know how to address it. Most buyers’ buy on emotion; if the house has all the wow the buyer is looking for, then the house sells. A good listing agent will not only price the intrinsic into the listing price, they will know how to show it in its best light. Online value estimate don’t even address the subjective or intrinsic part of pricing. Ron.

Great post and good insights. The intrinsic part of pricing is the great mystery of real estate, and good agents know how to address it. Most buyers’ buy on emotion; if the house has all the wow the buyer is looking for, then the house sells. A good listing agent will not only price the intrinsic into the listing price, they will know how to show it in its best light. Online value estimate don’t even address the subjective or intrinsic part of pricing.

]]> By: Michael Wurzer http://www.notorious-rob.com/2009/02/03/agent-value-in-the-age-of-ebay/#comment-881 Michael Wurzer Wed, 04 Feb 2009 12:19:52 +0000 http://notorious-rob.com/?p=612#comment-881 I'm not an expert in auctions certainly. The best I can say is I have been to a few car auctions and I've seen art auctions on TV. From that limited experience, however, what I recall is that the people doing the big bidding at those events are often experts in art or cars -- they do it every day. The people for whom they are working have the money. Houses are more like art than cars, and my guess is that agents would still provide excellent value in a real estate auction process. Their value would be both on the value question (what to bid) and the process (when to bid). And then, of course, they'd help you close just as they do now but the big money for their services would be based on the what and when of the bidding. I’m not an expert in auctions certainly. The best I can say is I have been to a few car auctions and I’ve seen art auctions on TV. From that limited experience, however, what I recall is that the people doing the big bidding at those events are often experts in art or cars — they do it every day. The people for whom they are working have the money. Houses are more like art than cars, and my guess is that agents would still provide excellent value in a real estate auction process. Their value would be both on the value question (what to bid) and the process (when to bid). And then, of course, they’d help you close just as they do now but the big money for their services would be based on the what and when of the bidding.

]]> By: Michael Wurzer http://www.notorious-rob.com/2009/02/03/agent-value-in-the-age-of-ebay/#comment-4122 Michael Wurzer Wed, 04 Feb 2009 12:19:00 +0000 http://notorious-rob.com/?p=612#comment-4122 I'm not an expert in auctions certainly. The best I can say is I have been to a few car auctions and I've seen art auctions on TV. From that limited experience, however, what I recall is that the people doing the big bidding at those events are often experts in art or cars -- they do it every day. The people for whom they are working have the money. Houses are more like art than cars, and my guess is that agents would still provide excellent value in a real estate auction process. Their value would be both on the value question (what to bid) and the process (when to bid). And then, of course, they'd help you close just as they do now but the big money for their services would be based on the what and when of the bidding. I’m not an expert in auctions certainly. The best I can say is I have been to a few car auctions and I’ve seen art auctions on TV. From that limited experience, however, what I recall is that the people doing the big bidding at those events are often experts in art or cars — they do it every day. The people for whom they are working have the money. Houses are more like art than cars, and my guess is that agents would still provide excellent value in a real estate auction process. Their value would be both on the value question (what to bid) and the process (when to bid). And then, of course, they’d help you close just as they do now but the big money for their services would be based on the what and when of the bidding.

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