Bidding wars provide several advantages to home sellers, centering around the additional leverage they enjoy during the negotiations. But not every seller gets to experience the thrill. How about those sellers who aren't receiving any offers? First, decide if you...
If you don't have to sell and just want to test the market, is there any harm in listing high? Just because there is no urgency doesn't mean some nice young family with 2.2 kids won't come along and love it like you do. Around 60% to 65% of the listings sell each...
The process of selling a house has many variables - let's keep examining. What were the comps used to determine the price? The most important thing about evaluating the comps is to see them through the eyes of the buyers. I cannot stress enough how critical this is...
Yesterday this comment was left by angryPQneighbor: Why did you list this one so cheap? The same model sold almost a year and a half ago in a bidding war over $610K! We are listed for $639,000 in most places, and on the range $619,000- $639,000 in the MLS. He/she...
When presented with multiple offers, most listing agents demand shorter contingency times, no appraisal contingencies, having to pre-qual with their lender, etc., without any thought on how that can agitate the buyers. The time will come when the buyers aren't going...
Thanks to Susie for sending in this story of everyday realtor fraud - committed by the third-highest-producing agent team in the country - and an agent who just couldn't be a do-gooder and turn them in. He tried to extort $800,000 from them instead:...
A ramble about how hard it is to get a deal:
Common sense should dictate here. Listing a home on a Thursday with professional photos and video gives buyers a chance to schedule a showing between Friday and Sunday - probably the most flexible days on their calendar. Open houses conducted by professional sales...
Have you seen the remark, "Back on market, no fault of property"? Well then........whose fault was it? The agents. Somebody allowed the buyers and sellers to believe they had a deal. Rarely is it intentional - and almost always it's due to a condition that could have...
I mentioned here that it would be a prudent business practice to provide buyers with a home inspection prior to making an offer: https://www.bubbleinfo.com/2015/08/10/trid-could-change-everything/ Sellers and listing agents don't want to mess around with repair...
