Tuesday, January 15, 2008

Realtors should always be looking for Buyers

Now you might say to yourself, "Well, Duh!" Of course a Realtor should always be looking for buyers, how else are they going to make a living? While the above is true, I'm speaking about looking for your buyers! In Humboldt County, there are 3 days of the week that you'll find Humboldt County Realtors on Tour (Or Realtor Caravan as they call it in other parts of California).
On Tuesday we hold tour in the South Bay, switching back and forth from North to South. The dividing line is Harris Street.
On Thursdays it's North Bay, Covering listings from Big Lagoon to Bayside/Indianola Cutoff.
On Fridays it's the Fortuna Tour, covering Loleta, Ferndale, Fern Bridge, Fortuna, Hydesville, Rio Dell and all points in between.
If you were to ask me, I'd say the most enjoyable tour is the Fortuna Tour. they serve a full breakfast and it is good!
But forget about the food, My point is that any Buyer's Agent worth his/her salt is attending these tours on a regular basis. There are a number of reasons why:

1. To be familiar with the listings that are out there! When you are working with a buyer and they ask you about a particular house, it's always good to be knowledgable about the house. If you've had "boots on the ground" you are in a position of having superior knowledge and information. We all know that the pictures online are (usually) the best ones. It might be the case that the agent used pictures that made the listing look better than it actually does. The reverse could be true as well. Maybe the listing agent only took one picture and it makes the house look like bad. Having visited the house, you might tell your buyer that it's a house they should look at. I alway walk into a house and ask myself, "What buyer do I have for this house?"

2. Going on tour gives the Realtor a sense of what a particular house is worth. It might be tomorrow that someone wants you to list their home and if you've seen one of the comparable homes, you get a better sense of the comparable value and how you can adjust the price on the comparable home you are using for a market analysis.

3. Invariably, on tour you have many of the same faces. These are Realtors, like me, that attend regularly. We want to keep abreast of Market Conditions. In many cases, we have developed a relationship, which can mean a world of difference when ou are submitting an offer. Assume for a minute that you have buyers that have submitted an offer with an agent you have developed a relationship with. This offer has the same terms as an offer submitted by an agent that the listing agent does not know. It's my belief that the listing agent will always push a little harder for someone they know than someone they don't know. Every little bit counts.

So these are some of the reasons why as a buyer, you should insist an agent who's aware of market conditions. What's available and what works for you!
For any information about any Humboldt County Property, call me at 707-616-3456 or email: andy@azalearealty.com
Feel free to browse Humboldt County Listings by clicking on the links below.