All Forum Posts by: Drew Francis
Drew Francis has started 1 posts and replied 29 times.
Post: How often do you discount your commission?
- Real Estate Agent
- Kansas City, MO
- Posts 30
- Votes 18
@Russell BrazilI agree with you on certain situations and/or for very large purchase prices. When I'm calling expireds and someone says something to the effect of so and so will cut their commission I use that as an opportunity to point out the agents potential weakness.
Post: How often do you discount your commission?
- Real Estate Agent
- Kansas City, MO
- Posts 30
- Votes 18
If an agent is willing to negotiate down the money they feed their family with how do you think they will negotiate on your behalf when contracts are presented?
Post: Does a seller’s agent sell a home? Or does the home sell itself?
- Real Estate Agent
- Kansas City, MO
- Posts 30
- Votes 18
I think another thing that is worth noting is that an agents whole job is to handle real estate transactions. If you are an engineer and you are trying to sell your home yourself you do not have at least 40 hours worth of your week to deal with the transaction. Then there is the headache of dealing with investors low balling, tire kickers, and God forbid a dangerous felon entering your home. No decent agent is going to be driving around unqualified clients and looking at property.
Post: Does a seller’s agent sell a home? Or does the home sell itself?
- Real Estate Agent
- Kansas City, MO
- Posts 30
- Votes 18
@Scott SzurekAs you mentioned at the start of the post you have very limited experience on the subject. @Brie Schmidtand @Russell Brazilhave presented some very good points as to what a good agents value is. FSBO sales account for approximately 8% of all home sales and sell on average for 15% less than agent assisted sales. Who cares whether your agent has a PHD or barely passed his 90 minute exam after a 6 week course if the know their stuff they will more than pay for themselves.
Post: Kansas City Missouri Zip Codes
- Real Estate Agent
- Kansas City, MO
- Posts 30
- Votes 18
Excellent information!
Post: 8 Unit Complex and 2 SFH
- Real Estate Agent
- Kansas City, MO
- Posts 30
- Votes 18
I have heard good things about Arvest as well.
Post: Should Real estate agent's commission to be Regulated?
- Real Estate Agent
- Kansas City, MO
- Posts 30
- Votes 18
@Erez Jonathan Not taking anything personally. You claim to be a real estate professional in your title and you can't understand the value you bring... that's concerning.
Post: Should Real estate agent's commission to be Regulated?
- Real Estate Agent
- Kansas City, MO
- Posts 30
- Votes 18
@Erez Jonathan If you're licensed and have clients I pity them.
Post: Assistance in the KC market
- Real Estate Agent
- Kansas City, MO
- Posts 30
- Votes 18
Originally posted by @Maggie L.:
@Drew Francis don't know the KC market so wouldn't pretend to be able to comment on the specifics of any area there. There are many different kinds of investors comfortable with different types of risk and at the right price it may or may not be worth a look. Definitely see plenty of places advertised as a part of a transforming district when they really aren't.
Living in St Louis City I hear many people comment on the transformation of areas in the last few years but that doesn't mean all neighborhoods have similar trends. St Louis is once again the only American City to make a list of top 20 most violent cities (not involved in armed conflict) around the world (http://www.stlmag.com/news/st-louis-named-no-19-mo...), so it would be easy to dismiss it from that.
But, looking at local patterns - development, local officials and businesses making an effort to improve neighborhoods, job opportunities - you can get insight into many of these trends. I was hoping to steer the conversation in that direction, since it's the way I explain different neighborhoods to my clients here and the criteria I use when investing myself.
KC is a great city and like all great cities there are not so great neighborhoods. The areas we have been referring to would, by most, be considered not so great or just flat out dangerous. Proceed with caution.
Post: Excited for growth as a new member in Indiana
- Real Estate Agent
- Kansas City, MO
- Posts 30
- Votes 18
Originally posted by @Mike D'Arrigo:
Originally posted by @Jason Hawk:
Exciting news I'm located in Kansas City and we are seeing excellent opportunities for holding here. Feel free to message me to connect
Jasln Hawk
With all due respect, responses that have nothing to do with the OP's post do not contribute to the thread. I agree, Kansas City is a good cash flow market. We do a lot of work there, but this thread has nothing to do with Kansas City. The OP is from Fort Wayne IN and that is clearly his area of interest. I'm sure he's not going to suddenly move to KC.
If I could vote this 100 times I would