Hawaii Randy's Real Estate Opinions: Townhouse or a Single Family?

Townhouse or a Single Family?

                               Condo - Townhouse - Single Family

I have seen several of these listings in the past and it gets under my skin.  A townhouse listed as a single family home.  What is the agent thinking?

If a buyer is looking for a townhouse he may never see it.  When it all said and done it will negatively affect the sales numbers for the area.  The average sales price for the neighborhood will be lowered.  The number of town home sales will be reduced.

In the last two years I have reported several of these to our MLS system to only see the practice continue.

If you are the seller of a townhouse and you are not getting showings or offers, how would you feel to find your agent listing your property under the wrong category?

While writing this post I went on to the MLS and caught another such listing.  It is a 1-bedroom condo 461 sq/ft living space, 0 sq/ft land, listed as a single family home.  It is more than $200,000 less than the lowest priced single family in the town.  Of course there were no pictures, not even a camera phone shot.  If I were the seller I would be furious.

 

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Randy L. Prothero, REALTOR®

Broker-in-Charge, ABR, AHWD, CRB, CRS, e-PRO, GRI, MRP, SFR

eXp Realty

Team Leader - "The Prothero Group"

Randy Prothero is well established as an expert in working with military / VA clients and first time home buyers.  His home seller's (listing) campaign is one of the most aggressive marketing programs in the area.  His luxury home listings sell faster and for more money.

Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) Performs mediations and ombudsman services for the Board of Realtors.  To improve overall professionalism in his area Randy also offers classes for real estate agents. 

www.HawaiiRandy.comOahu (Honolulu County) Property Search  Hawaii Military Relocations

Comment balloon 16 commentsRandy Prothero • June 29 2007 05:02AM

Comments

Maybe report these occurances to the Board of Realtors and the MLS. This kind of thing tarnishes the image of professionalism.
Posted by » Bill Burress Nationwide Mortgage Originator (» Bill Burress Nationwide Mortgage Originator) about 11 years ago
I often see duplexes or end units listed this way. It is annoying. It's also annoying when they take a picture of the home at an angle, making it look like a single family home
Posted by KRISTINE CROWE (COLDWELL BANKER RESIDENTIAL BROKERAGE) about 11 years ago

Randy, Maybe an ''honest'' mistake. How about a call to the agent? 

I just can not see what purpose  this serves?

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) about 11 years ago
I get tired of the same thing Randy.  I email a lot of agents corrections in geo code, building type/style etc. I'd had more argue their point than thank me for take time out of MY day to do THEIR job correctly.  Three cheers for a Florida real estate license course costing $369.  Yeah!
Posted by Chris Griffith, Bonita Springs Listing Agent (Downing-Frye Realty, Bonita Springs, FL) about 11 years ago

Funny you said that Randy, I was putting in a condo listing late last night and after going through most of the data..I noticed I put it in single family..I had to delete it and start over. I was very tired but still caught it. I hate when agents list that way. I would have figured that one out fast..but hey.we all make mistakes.

True..agents who have listings should recheck them to make sure they did not miss something and it is annoying.

Posted by Neal Bloom, Realtor CRS-Weston FL Real Estate (eXp Realty) about 11 years ago
I'm seeing a lot of "Townhouses" listed as Single Family Attached... and it is the only option in some cases for the lender...
Posted by David A. Podgursky PA, THE PODGURSKY GROUP - Make the Right Move! (THE PODGURSKY GROUP @ Re/Max Direct) about 11 years ago
I agree with the frustration and would hope the local MLS would enforce this rule with an escalating fine schedule per agent / office. Here on our local MLS this same issues has recently become a problem and fines have started to be handed out to the agents and their brokers.
Posted by Paul Moye, Broker, GRI, SRES (Benchmark Realty) about 11 years ago

Randy...

Is there a reason you have not contacted the Broker? Or is the Broker the one entering the listings?

Having sat as a Director on our local MLS Board ...It has been my experience that sometimes the person entering the listing is an untrained assistant.

I try not to assume anything until I have all the facts. SVW.

TLW...ROAR!

Posted by "The Lovely Wife" (Broker Bryantnulls Wife) The One And Only TLW. (President-Tutas Towne Realty, Inc.) about 11 years ago

Randy~

When I run into errors such as you describe, I am perplexed as well. ...especially if I have an investor-client looking for a 1031 exchange who has only 45 days to find a condo!...We have a "police listing" feature on our MLS...When I run into situations that call for it, I can use that feature. The agent who is getting "policed" will get a phone call...Maybe request your MLS to add this feature...

 

 

Posted by . 4Terra Land Brokers .. 828-776-0779 Asheville NC, What's Most Important to YOU? Call(828)-776-0779 ( REAL ESTATE RESOURCES & NETWORK ) about 11 years ago

I was sending a client listings for Mililani single family and yup...what do you know .....a townhouse! Hey Randy...janeAnne has a point there.....you got connections down there!

 

Posted by Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE (Liberty Homes) about 11 years ago

Bill - I and several of the agents in my office have reported them.

KRISTINE - I have seen the creative pictures.  The worst is the junk building where the only picture they showed was the beach about 8 blocks away.

Mott - I agree, I see absolutely no benefit to anyone.

Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) about 11 years ago

Margaret - I do that in most cases.  They are a couple of agents who told me to mind my own business.  One of the agents who does this consistently told, me to mind my own business.  He said it is up to him to decide how to market his listings.  I was surprised to see him doing it again, since I know there have been many complaints sent in to the Board of Realtors about this practice.

Chris - I was hoping our increased fines would stop this practice, but it doesn't seem to have worked on a couple of hard case agents.

Neal - It is easy to make mistakes.  The ones I am mentioning are not mistakes they are done intentionally.

Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) about 11 years ago

David - I have not heard that before.

Paul - I am a little surprised to see a couple of agents continue this practice.  I know there have been several complaints sent to the Board including from me and our fines have gone up a bunch.  The only thing I can figure is that they have not been getting fined after we complain.

TLW - You hit a great point.   The two who do it the most in my community are both Principal Brokers.  Both have told me to mind my own business when I contacted them in the past.

Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) about 11 years ago

janeAnne - I have read about that feature in other MLS Systems.  In meetings with our Board of Realtors, I brought up that suggestion.  I like it!

Sally - I think that would be a welcome feature on our system.  It would help ensure the integrity of the list and the data it generates.

Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) about 11 years ago
Randy, I can see the negatives when they do this, but is there any advantage for them to list a townhouse as a single family?
Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) about 11 years ago
George - I personally do not see an advantage.  The argument from one of those agents is that they feel they are marketing to single family home buyers who are being priced out.  I do not agree with them.
Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) about 11 years ago

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