First off I understand every KW office is run differently so maybe some are better than others. I don't know the differences, they can probably all close a sale (eventually) but after getting a huge run around and wasting 2 months of my life with a KW realtor I'm upset and want to share my experience in case anybody else is in the same boat and feels like they aren't getting anything done.
I got this realtor through a recommendation of a friend who in hindsight is not always the best at judging character. My initial take on the person was they are too friendly and acted like a used car salesman, but who cares I just wanted somebody who could get me a house.
He was always busy and never able to go to showings with me because he was too busy "closing deals". This was a huge problem because the realtors he'd send with me had no skin in the game and wouldn't reveal many opinions due to some agreement with him, and because he hadn't seen the house in person he seemed a bit removed for any proper evaluation. This made making offers difficult. Sometimes I'd want to offer 5% less than him, sometimes I thought it should be 15% higher than he thought. Looking back at all the houses I probably could have gotten many of them if he wasn't navigating the negotiation for me (my fault I know but if I'm paying him stupid money I wanted to trust him).
Probably the thing that gets me the most and what I'll never be able to prove is I felt gas lit by him. He said homes were sold when I am pretty sure they were still on the market. He said he couldn't get showings they were booked until the offers were all due. He said the houses were pulled off the market early. He said he put my offers in and I'm pretty sure he never did. I know for a fact he didn't discuss counter offers with me twice because he didn't think I'd want to go as high as they wanted.
So why the funk would he do this? It felt like an M. Night Shyamalan movie when I called to break up with him. He mentioned he was starting his own thing under KW and was hiring and training 10+ other people to work for him and he didn't have time. This guy closes 10 sales a year (always claimed he was top 1% of all realtors in the state), what's he doing escalating like this, and who tf in their right mind would build a business under KW? I run a business and you build a business under your own name where the sky is the limit, you don't build an empire to make a parent company rich. It all dawned on me and I put " Realtor MLM Scheme" into the google machine and hit enter, what I got was pages and pages of "Keller Williams MLM scheme".
They are sold this pipe dream to hire realtors to hustle for them, not sell houses. That's the game they're playing. Few will make it, many will make minimum wage.
There is much more about the details of what I believe went wrong, there is probably a lot about KW I don't know. Fair enough. I don't care to knit pick it this is more of a PSA if you're in a similar situation I was in. Do your own research. I never did and it cost me months of my life and the market skyrocketed in that time. Maybe KW is the best but if you are using them you should understand their business model.
My next realtor never had ANY of these problems come up so I don't believe I am totally wrong in my intuition. I also trusted her much more in formulating offers and we were on the same page of valuation and she had good insight. She got me a house for 2% under asking with contingencies, one week after a nearly identical house that is my neighbor of two doors down sold for 30% over same listing price.
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source https://www.reddit.com/r/RealEstate/comments/otzd3o/why_i_fired_my_realtor_and_why_you_should_be/
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