Sorry...My Crystal Ball Broke

Sorry, my crystal ball broke.  In fact, it broke the day I became a REALTOR®.  That's right, it is very unfortunate but because of that I am unable to tell you, with absolute certainty, some very important things as much as I would like to.

I cannot tell you, the SELLER:

  1. the exact price to list your home
  2. how long it will take until we receive an offer
  3. the exact price that you can actually get for your home
  4. Whether the market will be stronger next year or not, therefore should you put it on the market now or wait

However, SELLER, I can tell you:

  1. a price range that may or not be what you want to hear but should be pretty accurate
  2. all the things that I will do to get your home sold in the shortest amount of time for the best price

Lake Anna - photo by Kate Elim

I cannot tell you, the BUYERr:

  1. if prices will be lower or higher next year
  2. will the house you are longing for be coming on the market next week, next month, next year
  3. what is the lowest price you will need to pay for the home of your choice
  4. exactly why everyone is selling their home and how anxious they are for an offer
  5. how much longer the house you are considering making an offer on will be available

However, BUYER, I can tell you:

  1. how long the homes have been on the market and what price reduction(s) they've had, if any
  2. which ones are priced fairly and those that aren't how far off the mark they are

Now if my crystal ball can ever be repaired I will be the most sought after REALTOR® in the universe.   In the meantime I will provide honest answers to all questions and do the best job I can.

 ©Copyright Kate Elim 2015

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GET MOVING WITH KATE!

540-226-1964 cell

lakeanna.kate@gmail.com

For easy property searches check out my web sites: katesellslakeanna.com

or

lakeannacountry.com

Comment balloon 23 commentsKate Elim • April 19 2011 11:08PM

Comments

I should have read this prior to becoming an agent. Perhaps I could prevent mine from breaking???

Posted by Loreena and Michael Yeo, Real Estate Agents (3:16 team REALTY ~ Locally-owned Frisco TX Real Estate Co.) over 7 years ago

Mine broke too.

Posted by Steve Traylor, ASHI Certified Home Inspector (A+ Home Inspections dba A+ Services, LLC) over 7 years ago

Kate

Wouldn't we all love a crystal ball? If you find someone with one let us know!

This is a clever way to present what we know, and don't, to buyers and sellers.

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude - Carlsbad (Solutions Real Estate ) over 7 years ago

Wow!  What a beautiful property.

We can only suggest with the knowledge that we are afforded. We are not magicians (although sometimes the sellers think we are).

We do our best, for the most part and the rest is in the hands of others.

I'm not "breaking," I'm just doing the best I can for my customers!

Great post - suggested.

Posted by Karen Monsour, REALTOR, SSRS - Sells FL Waterfront, Short Sale Expert! (Coldwell Banker Fort Lauderdale Beach) over 7 years ago

I never had one to begin with!!! where do I sign up for one?? maybe mine will work! If it does, I will let you all borrow it :)

Posted by Sheila Newton Team Anderson & Greenville SC, Selling the Upstate since 1989 (Berkshire Hathaway HomeServices - C. Dan Joyner) over 7 years ago

Ambassador Kate: Do you work under a tent??  Might we see you with a scarf on your head walking around looking for the crystal ball repair shop?  When you find it will you PLEASEEEEEE write a post with the exact address of the repair shop??  

I think we all need to have ours repaired - o wait, I believe there was at least one agent in town who THINKS the crystal ball they own still works!  

My crystal ball said TO SUGGEST-so I did,

Posted by Gwynn Carpenter, : Broker, Home & Hearth Realty (512)467-6191 (Gwynn Teal Carpenter-Broker: Home and Hearth Realty (Austin)) over 7 years ago

Kate - crystal balls generally come with cracks ..... crack pots that is ..... historical data provides us with a guide but the definitive answers are generally in the hands of the current crop of buyers and sellers

Posted by Kathy Clulow, Trusted For Experience - Respected For Results (RE/MAX All-Stars Realty Inc. Brokerage) over 7 years ago

Kate, well what you DO tell the buyer and seller I think is perfectly fine and your training and experience can really help them out. No crystal ball needed.

Posted by Gary Woltal, Assoc. Broker Realtor SFR Dallas Ft. Worth (Keller Williams Realty) over 7 years ago

Hi Loreena...If you can do that please let us know how.  It's too late for me but you never know, I might find one if I ever go dumpster diving and then I'll be able to keep it intact.

Kate 

Posted by Kate Elim, Realtor 540-226-1964, Selling Homes & Land a (Dockside Realty) over 7 years ago

Hi Steve...On the day you became a home inspector?

Kate

Posted by Kate Elim, Realtor 540-226-1964, Selling Homes & Land a (Dockside Realty) over 7 years ago

Hi Jeff...Thanks.  I had two listing presentations yesterday and that's what made me think of writing this post.

Kate

Posted by Kate Elim, Realtor 540-226-1964, Selling Homes & Land a (Dockside Realty) over 7 years ago

Hi Karen...I'm sure your clients appreciate your efforts.  We can only try to do our best.

Kate

Posted by Kate Elim, Realtor 540-226-1964, Selling Homes & Land a (Dockside Realty) over 7 years ago

Hi Sheila...As soon as I find a new one I will loan it out as well.

Kate

Posted by Kate Elim, Realtor 540-226-1964, Selling Homes & Land a (Dockside Realty) over 7 years ago

Hi Gwynn...Thanks for suggesting. 

You may have a crystal ball in need of repair but you have terrific long distance vision. I had no idea I could be viewed from Austin.  Spooky or is it comforting?

Is that agent still fooling those folks in Austin? They'll smarten up and turn to you so keep on blogging.

Kate

 

Posted by Kate Elim, Realtor 540-226-1964, Selling Homes & Land a (Dockside Realty) over 7 years ago

Hi Kathy...Love your reference to the crack pots.  Yes, buyers and sellers drive the market.  We can only analysis what they do.

Kate

Posted by Kate Elim, Realtor 540-226-1964, Selling Homes & Land a (Dockside Realty) over 7 years ago

Hi Gary...All we can tell them is what we know and what we think based on the information we have at hand.

Kate

Posted by Kate Elim, Realtor 540-226-1964, Selling Homes & Land a (Dockside Realty) over 7 years ago

Hi Kate, this post was a great explanation of how we use our skills and market knowledge instead of a crystal ball.   Our ability to foresee the future doesn't exist, that's why I call the psychic hotline.  HAHAHA!

Posted by Mary Douglas, REALTOR, Red Feather Lakes, Colorado (United Country Ponderosa Realty, Red Feather Lakes, Colorado) over 7 years ago

Kate -- This is funny to me because whenever I get those questions I will respond first with...'Well, I don't happen to have my crystal ball with me, but I can tell you that......'    They get the point.  Great post!

Posted by Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale (RealtyQuest/Kinard Realty Group, Fairfield and New Haven County CT Real Estate) over 7 years ago

Hi Mary...A psychic!  Now that's a great idea.  Do you share their cell number and do they take emergency calls?

Kate

Posted by Kate Elim, Realtor 540-226-1964, Selling Homes & Land a (Dockside Realty) over 7 years ago

Hi Barbara...And you can tell them you can't borrow mine because it's broken.

Kate

Posted by Kate Elim, Realtor 540-226-1964, Selling Homes & Land a (Dockside Realty) over 7 years ago

Kate--You haven't lost your touch to write great posts.  If I had been here on the 19th I would have clicked SUGGEST, but I will still do it before I leave. 

PS  I am teaching a training class for newbies in May, may borrow your 'I can' and 'I can't do' lists?

Posted by Mary Yonkers, Erie/PA Real Estate Instructor (Alan Kells School of Real Estate/Howard Hanna Real Estate) over 7 years ago

Hi Mary...Please feel free to share it with your students.  Thank you so much for asking.  You've made me feel very good.  No gold star but kind words from friends.  I like that.

Kate

Posted by Kate Elim, Realtor 540-226-1964, Selling Homes & Land a (Dockside Realty) over 7 years ago

Perhaps I should supply my clients with their own magic eight balls for their amusement. The most common one I get from buyers is "how much should I offer for x property" or "What is the lowest offer you think they will take?". I can't tell you what to offer, you have to decide that yourself. I can guide you in a very general way but that's it, sorry.

Posted by The Bolaski Group, "Father and son just get deals done!" (Coldwell Banker Residential Brokerage) over 7 years ago

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