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Why Realtors Don’t Show Selling Price | KT Confidential EP 162

On this podcast, episode 162, Adrian and Ariel talk about why Realtors don’t show selling prices in their “Coming Soon” properties. This podcast was made due to the anger of the general public with the concealing of the selling price.

The proper way to market a home should include coming soon flag poles, advertisements on social media including the details (Bathroom, square footage, listing date) without a price. The other end of the spectrum is just putting a sign on the lawn with 0 customer service and details about the property.

Although we provide the most articulated marketing strategy when selling a home, we still receive “Internet Trolls” that complain they can’t get the price ahead of time, that we are overpaid and a bunch of slanders. Most of the time, these people are either A) people who are not interested in buying or B) have 0 representation/ poor representation and have no guidance.

So why don’t we show the selling price? We don’t show because the market fluctuates on a daily basis. The day we start our advertisements and the day the house goes on the market, we heavily watch what is going on in the real estate market and create a strategic plan to give our clients the best offer that we can get them. This includes making the judgments for the best terms, the best conditions, the best closing dates, the best price, the best deposits, etc.

All of that and more on KT Confidential – Real Estate Podcast.

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Episode Breakdown:

00:00 – Intro
01:15 – Backstory
04:48 – How the KT Team does it
05:42 – Generating Interest
07:50 – Why we don’t show the price of a home
09:29 – Maximizing Opportunity
12:03 – Marketing Campaigns
14:22 – Secret Homes
16:01 – Outro

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Watch the previous episode here

Catch clips and highlights of the show here

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The founders, Ariel Kormendy and Adrian Trott, started The Kormendy Trott Team, a real estate team based out of Halton region in Ontario, after both being in need of a change from their successful careers in the automotive industry and both experiencing the lack of service being provided in the real estate industry. They kicked off their careers in 2011 and quickly became a top-performing team in the country, ranking 17th of approximately 200 for Century 21 in 2017; as a team of just the two of them compared to much larger teams. They decided that they needed to take their team from being real estate agents in Milton to the rest of the GTA and beyond by expanding and servicing more areas. The team has since grown to have an administrative arm, media department and successful sales team operating a smooth running and successful business. Follow them on social for behind the scenes info, real estate tips, industry secrets and more.

COMMENTS

HOSTS

Milton Real Estate Agent

Adrian Trott

Adrian Trott, co-founder of The Kormendy Trott Team, began his real estate career in Milton and has since built a reputation for delivering exceptional results. Passionate about constant growth, Adrian is always finding innovative ways to improve services and create a better experience for clients. When he’s not navigating real estate transactions, you’ll find him snowboarding, exploring new destinations, or enjoying a good video game.
Milton Real Estate Agent

Ariel Kormendy

As co-founder of The Kormendy Trott Team, Ariel Kormendy blends real estate expertise with a creative flair for marketing, helping clients achieve their goals with confidence and ease. Outside of work, Ariel is a dedicated family man who loves exploring new cuisines, perfecting recipes in the kitchen, and enjoying good food with great company. His passion for connection shines through in everything he does, both personally and professionally.

No hosts assigned to this podcast.

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Open House Terms & Privacy Agreement

for KT Open Houses

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1. Visitor Etiquette: All visitors are required to maintain a respectful and safe environment in our client’s property by adhering to the following etiquette guidelines unless otherwise directed by a representative of The KT Team:

  • Footwear: Please remove footwear upon entry to help preserve the property’s cleanliness.
  • Washroom Facilities: Visitors are kindly asked to refrain from using washroom facilities.
  • Personal Belongings and Furniture: For privacy and safety, please avoid touching personal belongings or opening furniture not part of the sale. Examples include dressers, media consoles, and most free-standing furniture.
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2. Visitor Tracking and Safety: To ensure the safety of our clients’ property and personal belongings and the security of our real estate agents, all visitors are required to provide accurate and complete contact information. This information is used to track attendees and ensure accountability.

3. Digital Communications and Follow-Up: By providing your contact information, you consent to receive digital communications from our real estate team, including information about this property, future open houses, and other relevant real estate opportunities. These communications may include marketing or promotional messages, and we aim to keep them relevant to your interests.

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KT Realty
229 – 336 Bronte Street South
Milton ON L9T 7W6
info@kormendytrott.com
1 (800) 617-0090

4. Prospecting and Sales Activity: Our real estate team may use your information for prospecting and follow-up purposes. We ensure these communications are conducted respectfully and aim to provide opportunities aligned with your interests.

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6. Acknowledgment: By submitting this form, you acknowledge that you have read, understood, and agreed to these terms and conditions. You agree to adhere to any additional requests or instructions the real estate agents provide to maintain a safe and secure environment during your visit.