FAQ – Ask Seth Anything Edition

Words cannot describe my gratitude for the many contributions to this article. I truly enjoy answering dozens of your questions on a monthly basis but there are some that are fan favorites and I get regularly. I thought it’d be fun to compile some of them here. Here goes….

Q: What is one misconception you could change about your profession? 

A: That we’re not all sleazy salesmen. Most realtors are well-intentioned and care about their clients.

Q: What is one thing you’d change about the real estate industry? 

A: Definitely the barrier to entry. It is way to easy to get your license and it contributes to poorer performance by some realtors. It also gives all the full-time, established realtors (like me) more challenging reputation to overcome.

Q: What’s the craziest thing you ever saw during a showing? 

A: So this could be an entire year’s worth of articles, but there was the time where I am pretty sure there was a recent murder/robbery in a home in Bucks County. Then of course the “50 Shades of Maple Glen” listing which I actually went to see. Then there was the room in Pottstown which was completely carpeted — even walls & ceilings. I really try to document as much as I can on social media for all you. LOL.

Q: What’s the best piece of advice you give your clients?

A: DO NOT BECOME HOUSE POOR. Do not keep up with the Joneses. It will feel great for a little while and then you’ll set yourself back financially. That’s when the fights and stress start. It’s just a house.

Q: Are we headed for a recession? 

A: “Recession” is an awfully strong word. I would rather say correction or slow down. We are in one of the longest periods of economic expansion in US history. The economy, although it doesn’t feel like it at times, is a natural system. Contraction always follows expansion. How much that contraction affects housing? Time will only tell.

Q: Should I make improvements to my home? 

A: I don’t know…call me and I will come over and tell you.

Q: Is flipping homes hard? 

A: Yes, it is also time-consuming as hell.

Q: What’s the most important thing you’ve learned by being a REALTOR?

A: Tough to pick one but when push comes to shove, 99% of my clients need a problem solved and they have entrusted me to handle it for them. This job is serious business, but can be a fun & enjoyable experience at the same time.  Ensuring a smooth transaction comes with actually knowing what you’re doing which thankfully I do!

Q: What’s the biggest mistake your clients make?

A: I would say it relates to my previous answer. Too many people bring an adversarial mindset to the transaction. They sometimes forget the ultimate goal which is to buy or sell the house. I can safely say that without the presence of real estate agents, a LOT more deals would fall apart. When a seller says, “You can tell them to go to hell!” I kindly translate that for my buyers to say, “They rejected your proposal, so let’s regroup and really nail down what’s important here and if whether can still move forward.” Going under contract on a home is no small thing and I always cringe when a deal goes south over something silly.

 

 

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