Could it be your land is worth more than your house?

I don't know where you live but here in New Zealand that is not very ethical of an agent to say that. I know this as I used to be one. It may be that your agent is seeing the potential of your property more from a developers perspective but still I would never say anything negative to a client of mine. Are you tied into a listing contract with them? If so, read it properly to see if there is a clause about the agent not acting as you have requested or in your best interest and see if you can get out of it and change agents. Do you really want this particular agent to benefit financially from the sale of your property?

Is this "agent" a licensed Realtor? Are they experienced? Is the home surrounded by homes of a much higher price range? Could the land be split into smaller parcels? There are more questions than answers here. Remember this: it is about "highest and best use" of the property. http://en.wikipedia.org/wiki/Highest_and_best_use Assuming that the agent is sufficiently seasoned, they should have discussed this aspect of your listing with you prior to placing it on the MLS. Some agents may not have sufficient compassion for their clients' emotional attachments to the property. They fail to realize that the seller may place sentimental values on the property. This is often expected, but always unreasonable. No one but you cares that your kids grew up there or that your cat died in the home. Since the damage has already been done, you might want to place everything in proper perspective. You are involved in a business transaction. No emotions apply -- only dollars and cents. After the sale, it should not matter what the new owner does with the property. It is beyond your control anyway. If it is truly being sold as a teardown, you can ask your agent to add remarks to the listing which would indicate that you wish to exclude certain portions of the property. For example, if you had a favorite stained glass window, remark that it will be removed prior to your vacating the property. It doesn't happen often, but this is an alternative that enables you to cling to parts of the house's history. Please keep in mind, however, that this will reduce the value to those who may calculate the salvage value of certain architectural and mechanical features of the home. This will also reduce its desirability to some potential buyers ... including those who may wish to preserve your home. Good luck, in any event.

Sounds like they're more interested in High-Level homes for sale... :-P Find another agent. They won't work your house very well, if it all.

You need to check out another agent and see if you get similar comments. I can't believe a decent real estate agent would give you the impression your house isn't that great. Remember you are selling it to buyers NOT to the agent. So, if most folks like it, go for it as is.

gee, what crawled up her as$. Sounds like you need to find another real estate agent!

Why not ask your agent why they made the comment. It could be the lot is valable with or without the structure? as long as you receieve compensation for the estimated value, does it matter who buys it and for what reason? But make certain you receive the propertys highest value, this can be done by getting several market evaluations from different agents (opinions) or hire an appraiser. An appraiser determines what the highest and best use is. Lastly, from a buyers perspective, (I am also a renovation consultant) I love finding homes that can be converted over for the higher good! The diamond in the rough concept. At any rate, your agent should be working for you and your best interest, not theirs nor anyone else! That is required and not an option!

Are you at the beach or a high end town? If so the agent may be right. Does your house have new kitchen, baths etc, or does it reek of pet odor? Do you have a picture you can show us? You can advertise fsbo's for free on craigslist or Http://PennJersey.info/forums