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Less photos and bad photos mean real estate deals

If Jim Duncan sold real estate in the greater Seattle area, we would recruit him for Agent Match. He’s good.

Here’s one of his clients:

We overlooked this home because it only had a photo of the outside, but the home next door to it was for sale and I found a virtual tour through Trulia- it is beautiful. Depending on the shape this one is in, we could go in at $240-250 and have some cash left for renovations. The outside looks well-kept.

The realtor is doing his client a disservice by only having one photo, but the resultant lack of interest may work to our advantage.

And here is his response:

I like to show properties that have one or fewer photos – it usually means that the Seller will have had less traffic and will therefore be more willing to negotiate a lower offer.

If your Realtor has actually seen every property you clients might want, you can seriously leverage bad staging, no staging, bad photos and inept marketing to find gems in the rough. If you’re selling, take a look at your Realtor’s past and current listings and ask yourself “would I want to check out that house?”

  • http://www.craigmische.com Craig Mische

    I see this quite often in my area and agree with Jim’s response.

  • http://www.juliebaldino.com Julie

    I think the figure is that 80% of internet buyers overlook a listing with bad/no photo’s… and don’t come back to it! That leaves a very small buyer pool for that home, and likely an unsold property. The only exception for me is when I have a really tiny place, that no matter how many angles I can’t get 16 shots! Still do the best I can though :)

  • http://www.kitsap-home.com JimBilbao

    I profile sellers as premium sellers, 5% discounters, 10% discounters and 20% discounters. My buyers pick whatever their top 2 homes are. I tell them the seller’s profile.

  • http://kitsap-home.com Jimbilbao

    I too look at the 1 shot listings as great opportunities for clients.