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Old 06-12-2011, 02:27 PM   #87
Travis Munroe
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Join Date: Feb 2009
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Rules prohibit from saying commission will be X amount if sold for this and you will get x amount as a bonus if you sell for more.
As for the open house situation, I do not know where the stats are from but personally don't believe them. You have no way to tell if someone came through your open house as a resident of the community who then tells a friend or family member about it. They then check it out on the internet, book a showing and all of a sudden you have an offer that started from the open house but there would be no way to find out.
As winsor said, too many agents will take any listing despite the sellers asking price. More times than not this place sits on the market for 3 months and then they go with another agent who prices the property properly and it sells after a month.
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