Having a fellow agent list your properties?

Question

Have you ever had another agent (who's perhaps more experienced in marketing, etc.) list your property even though you're licensed? I'm considering it, to give myself more room on focusing on other aspects of my business...but I wondered if this was a thing.

Thoughts? Or is the whole reason you got a license to list your own properties, lol?

Dev Horn · Answer

Why?  You're licensed.  And once it's listed, it's the buyer's agents that will sell it.  Don't divide up your income with someone for no reason.

List it and you'll get more comfortable with the process as you do it and everything will be fine!

Ryan Dossey · Answer

I'm going to be blunt because I think its going to help you.

Do not compare yourself to other people. Comparison kills confidence. Get out there and get these done. Dev is right. The more you do the easier it is. However I'm sure another agent would love your free listings....

Vonetta Booker · Answer

Thanks for your feedback, everyone.  Upon further thought, I'm going to go ahead and keep the listing.  It took a lot of time & money to get my license (solely for MLS access, the convenience of viewing listings & making offers on my own--plus listing flips/rentals & keeping the commission).

I guess when the flip didn't sell as quickly as possible, I started second-guessing myself & wondered if someone else could do a better job.  But the fact is, another agent isn't going to have more invested in selling this than I am, anyway.  And @Ryan  D., you're absolutely right--comparison DOES kill confidence! I kind of fell for a minute into looking at other local investors & comparing their DOMs to mine--but looking at the WHOLE picture, everyone has their own ups & downs with investing, selling properties, etc.

Lesson (one of many) learned: Only compete with myself!  (And also that just like everything else, listing/selling properties gets easier the more you do it. :)

James Wise · Answer

List it on your own.

Scott Schuetz · Answer

Another idea is to list it yourself and once it's under contract hire a transaction coordinator if you're not comfortable yet dealing with the process. In my area it's about $300 to hire a transaction coordinator and they handle everything from contract to closing

JOAN DICKIE · Answer

How much is your time worth?  If you make more money per hour doing other things, then let someone one else sell it.  Some people are such terrific lead generator/converters that to follow the sales process would cause them to lose money.

If you price the homes right in most markets (at or just under market),it will sell quickly.  Give all buyer leads to a fellow agent and just work with the offers so you can sell it yourself.

Having a fellow agent list your properties?

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