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All Forum Posts by: Keoni Manago

Keoni Manago has started 1 posts and replied 8 times.

Quote from @Jared Trindade:
Quote from @Danny Polanski:

Ive worked with so many agents and each one has lied. 

They are sales people, and typically dont bring anything to the table.

People that rely on selling things to others for their livelihood, will lie.


i wish we didnt need agents in this day and age. Just like car salesman very outdated middle men for no reason. 

I hate you've had so many negative experiences with sales people. I firmly believe there is two types of sales person. The one there for the sale, and the one there for the business. Some sales people are trying to make a quick buck, and do not care who/how/what/when, they just do it, no matter the negative consequences or "burning" of their own buyers. They may make a sale to someone out of need, but they typically do not have repeat buyers.
Then you have sales people who are there for the business, and there for the people. Their understanding of sales psychology is very different, it's ran from a place of a non-need for money. It's a mindset of the value you provide and bring is how you earn trust, and ultimately earn business from someone. They focus on information, handling questions, typically not pushy, but firm. They know how to take care of people, and desire for repeat business so the focus is on the relationship and the trust.
Personally as a sales person my entire life, I must admit it wouldn't have been the first choice for myself in career, but my personality is built to work with people at a higher level. I take genuine pride in the fact that I know when I provide service to a client, they are going to get exactly what I told them, and anything else I can give them. I don't want your money, I want your long term business, trust, and referrals. I hope you can see how that shift in thinking creates a fundamentally different experience for the buyer. 
I've sold mattresses, cutlery, cars, home remodels, homes, and other odds and ends sales jobs. I have retained clients from some of my first ever interactions, who met me when I was selling beds, ended up buying some cutlery from me, down the line bought a car from me, and then remodeled their bathroom with the company I was with at that time. One of the keys to creating customers that I have retained for 5+ years has been that I always provide value. I don't work for bad companies with bad products, if I get into a company and they cannot deliver to my customers, then I am out of there. A good sales person only has their word and reputation, they will do everything to protect it. A great product, company, and training means there would never be a need to lie about what you are selling, because they know what it's worth. 

Side-note: You'll know you have a good sales person when they sell you off of something. A sales person who sacrifices income to better their business relationship development is likely a worth while sales person you should hang on to. Remember a lot of sales people bounce between jobs, so it's very possible to meet someone who ends up working at 5-10 different sales companies over their lifetime, and some of those may provide massive value to you, and be from someone that you trust. That's the way it's supposed to be done as a career sales professional (If you are not in a career/long term sales role).

Let me be clear, I'm not a perfect sales person, and I can't work with every person out there, but I hope that you can find someone in the future that you really enjoy, and while they may get paid from selling you something, they aren't there for the cash. Honestly it's pretty easy and quick to tell who is a good sales person. A smooth talker that doesn't answer questions is a red flag, the person who claims they know everything is lying, the person who "specializes" outside of their field is blowing smoke up butts. A good sales person is an expert in their specific category, which means that when they don't know something they will admit that, and find the answer. That's a lot different than "I think so" or "I recommend you do your own research" or them simply avoiding and redirecting questions. 

For anyone still reading this; remember the 80/10/10 rule. 10% of sales people shouldn't be there, 80% are doing the motions, and 10% of sales people are absolutely phenomenal. I hope you can find someone in that top 10% every time you need a sales person Danny. 

Cheers!
Thanks for sharing your experiences. This gives me hope that I can find a trustworthy agent for my team!
Quote from @Russell Brazil:

Dont buy properties site unseen.


 Fair enough

Quote from @Keoni Manago:
Quote from @Theresa Harris:

 That was part of your problem (wholesaler). I'd definitely report them and in the future always have your own realtor and walk through a property yourself or have someone you know and trust (which is not a realtor-someone who will be honest with you).



Thank you, I will. 

Quote from @Theresa Harris:

 That was part of your problem (wholesaler). I'd definitely report them and in the future always have your own realtor and walk through a property yourself or have someone you know and trust (which is not a realtor-someone who will be honest with you).


Quote from @Bob Stevens:
Quote from @Keoni Manago:

Does anyone have experience with an agent lying about the state of utilities at a site unseen property. I am a first time investment property owner from Hawaii investing in North Carolina. I was told my HVAC and plumbing was brand new, but after closing and getting a renter into the property found out that the HVAC needs to be replaced and the plumbing is so clogged up that the toilet won’t flush. Now, I’m paying thousands of dollars out of pocket to remedy these issues. Is there anything I can do to keep my agent accountable for his lies? Any advice will help, thank you.

Why would you close without having a team in place? I have bought and sold 100s and 100s and 100s, never a worry as we have a team in place, lesson learned, 
All the best moving forward, 

BTW the agent should have at the minimal did a live video walk through with you, Also I assume you were not buying as is so what about the inspection? 

Thanks for the input. I bought from a wholesaler and the process was extremely rushed so I didn’t have time to do any sort of walk through other than the agent from the wholesale company. So the only videos I saw were from that same agent. I thought that would have my best interest in mind and would try to get me a good property based on the conversations we had. I understand that I should’ve did my due diligence, and I’m going to be doing a much better job of that in the future. I was just very upset that someone could be so deceiving when trying to make a sale.
Quote from @Kevin Sobilo:

@Keoni Manago, I disagree with @Bjorn Ahlblad. An agent is only relaying information provided by the seller. Also MLS listings usually have a caveat spelled out about the information not being guaranteed to be accurate. The only way an agent would be potentially liable is if they knew about material defects and did not disclose them. For example as an agent I have discovered on my own termite damage that the owner was not aware of. I made sure all parties were aware because that would be a material defect.

Your issue is more likely with the seller. Did the seller provide a disclosure giving information about the condition of the property? Did they state that these items were brand new? If so, your recourse is likely against the seller. However, if you were buying a property without a disclosure such as a foreclosure then you needed to rely on your own due diligence such as a home inspection.

 I bought the house from a wholesaler, so the agent in a way was the seller. I was just naive to think that the agent had my best interest in mind, when in reality he was just trying to make a sale. He did a video walk through of the house that mostly just showed the cosmetic problems with the property and talked up the house in the videos. He then assured me that the roof,HVAC, and plumbing was new and the property was “clean” and an “easy rental”. But, that being said , I still should’ve did my due diligence and got an inspection.

Quote from @Caleb Brown:

Did you do inspections or have someone there to do so? Also any SD's provided by the seller? HVAC should have been tested during inspections. I'd also always recommend scoping the sewer and evaluated the plumbing during inspections. Seems to fall on your fault for not doing enough due diligence. Yes the agent needs to be accountable but I'd never take their word on the systems of a property. 

Thanks for your input, I have a team set up now so that this won’t happen again. I was naive for trusting everyone out of state right off the bat, but I’ll try to learn from this one.

Does anyone have experience with an agent lying about the state of utilities at a site unseen property. I am a first time investment property owner from Hawaii investing in North Carolina. I was told my HVAC and plumbing was brand new, but after closing and getting a renter into the property found out that the HVAC needs to be replaced and the plumbing is so clogged up that the toilet won’t flush. Now, I’m paying thousands of dollars out of pocket to remedy these issues. Is there anything I can do to keep my agent accountable for his lies? Any advice will help, thank you.