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Old 04-27-2009, 09:56 AM
 
Location: Asheville, NC
12,626 posts, read 32,071,214 times
Reputation: 5420

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I have a question. My realtor contacted me today. She e-mailed me to tell me that a buyer's realtor wanted to know about showing times to show the house. My realtor was just going to lower the price on the MLS, but now is telling me to wait. I've changed all the flyers and added a reduced sign on the sign. 1) Do I sweeten the deal and say the price has now been reduced? or do I wait for them to look at it? 2) If I don't mention it, do I pull the flyers and the reduced sign? What to do?

I was planning on lowering it $10K.
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Old 04-27-2009, 02:02 PM
 
Location: Illinois
718 posts, read 2,079,662 times
Reputation: 987
Go ahead with your plan...you may now be the best game in town in your area.
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Old 04-27-2009, 02:08 PM
 
Location: Columbia, SC
10,965 posts, read 21,988,738 times
Reputation: 10685
If you let them know you just reduced it and they like the home, it could create a sense of urgency. Your money, you're call. I'd probably just leave it if it were mine. In fact, I've had that happen and I let them know of the price reduction even though it wasn't in the system yet. They bought the home.
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Old 04-27-2009, 04:17 PM
 
Location: Long Island
9,933 posts, read 23,155,300 times
Reputation: 5910
Quote:
Originally Posted by beckycat View Post
I have a question. My realtor contacted me today. She e-mailed me to tell me that a buyer's realtor wanted to know about showing times to show the house. My realtor was just going to lower the price on the MLS, but now is telling me to wait. I've changed all the flyers and added a reduced sign on the sign. 1) Do I sweeten the deal and say the price has now been reduced? or do I wait for them to look at it? 2) If I don't mention it, do I pull the flyers and the reduced sign? What to do?

I was planning on lowering it $10K.
I would stick to the price reduction - as was previously mentioned, if someone likes the house, it could create an urgency to make an offer before another buyer does...
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Old 04-27-2009, 10:25 PM
 
Location: Knoxville
1,155 posts, read 3,389,653 times
Reputation: 372
Be honest and it will be better for you, for if they are truly interested, then it could even help. You would not want to be in the position to be confronted, should the find out, and could lead to a better offer as they probably would not offer the asking price anyway.
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