For Getting The 1% Rebate, End Up Overpaid $200,000/300,000 On The Top Of the List Price?

Lots of people might think like this: “Agent is all the same all over the world, I can find whoever to buy a house from, so why don’t I find an Agent who will give me a rebate!”

In fact, this kind of thinking is not wise.

For getting the 1% rebate, are you the buyer who added $200,000/300,000 on the top of the list price to buy a house?

There is always a market, agents who will throw out the “rebate” to attract buyers. But do you know that the agents who give you high rebates will often irresponsibly recommend houses that are not suitable for you in order to closing your case as soon as possible? They don’t even care if the money is the buyer’s hard-earned money.

For example, for example, if you are looking at a 1 million dollar house, you can actually buy it with an increase of $100,000, but you choose an Agent who gives rebates, and he/she encourages you to increase the price by $200,000 or even $300,000 in order to make sure you can buy the house. You end up overpaying, and successfully purchase the house for 1.3 million. It is also truth that because of the 1% rebate, you got 13,000 rebates (1.3 million * 1%). Have you ever thought about it, you spent $187,000 more ($200,000 – $13,000) for nothing! Do you think you’ve earned it still?

Some of them even show you the Excel drawing with a lower-than-market Agent fee/rebate to attract consumers to fall into the trap. And whether is a perfect house for clients, whether they buy the house at the most reasonable price, they may not care about it at all!

What means to be a good Agent:

1. Set house buying strategy, rather than only by increasing price
   Especially in such a hot seller’s market, buying strategy is very important. It is not a good investment to encourage buyers to increase the price of a house, which is not only very irrational, but also easy to end up overpaying and not see the potential of the house to increase in value for several years.

Here I have to praise our GPS Agent, recently in the customer communication group, I saw our Agent said most often is to dissuade customers “this price is too expensive”, “not cost-effective”, “that’s not worth it”, “don’t go up the price”.

The GPS Agent is always the one who pulls the customer not to blindly increase the price, but to be reasonable. Analyze the market, compare the price of nearby transactions, and communicate closely with the seller Agent to give the most appropriate offer proposal.

1. A good agent is often a property investor himself
   We often encounter some landlords who find other agents to buy a low-rent house at a high price to help us rent it out, but once they look at the area, the price is very unreasonable, such as a two million house rent only $2000-$3000/month, some landlords themselves regret it.

GPS’s agents are all real estate investors themselves, and in addition to living on their own, they have also invested in some rental properties and even five-star rated Airbnb vacation homes, and without exaggeration, they are all fighters among real estate investors.

With nearly managing 500 properties in the greater Seattle area, including our own Airbnb management company, our agents are backup by market data and management experience, they know the best rent to sale ratio, they know how to invest, and they know exactly which areas of Seattle have high rents, good cash flow, and good rent collection. Lost of landlords have GPS purchase and manage their properties.

1. Professional Service System
   Many agents “disappear” after the transaction is complete, and will only reappear when you need to buy or sell a home. Whether you want to buy or sell, rent, exchange, or Airbnb, GPS can help you with all that! Many of our oversea customers, they still entrust GPS with the remote control of buying and managing their properties!

GPSRenting.com. We manage over 400 doors! Seattle full-service property management – No advertising fee! No tenant placement fee! No markup on maintenance! No lease renewal fee!

Good news! Seattle GPS offers exclusive off-market deals. of real estate listings, you don’t have to compete with buyers in the market.

If you have any questions or thoughts about buying, selling or renting a home in Seattle, please reach us @ (425) 243-5082, hi@gpsrenting.com

Or add us on WeChat: GPSSeattle to talk about your needs!