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Home seller agreed price reductions, buyer’s agents interest, prospective sellers, priced right listings, stimulate home sale, real estate agency, lower prices, stimulate home sale
From this article..Realty Times - Agent News and Advice
Makes sense to me and I'm going to start working on it again...the more listings, regardless of how they are priced, the more buyers calling you about them, the more your name is out there, the more business you attract. Take 'em on.
We just listed our home and that article makes us sellers only a number.Good grief I don't know what to do now. I will ask her if she read that article and if she really will do her best in selling our home.We sign the papers tomorrow.She already has the post up for her sign never asked us if she could put it up since we had to cancel signing the contract since hubby was sick. We called last night when we noticed it and she said when she thought we were going to sign monday she ordered it and didn't want to cancel it and then reorder it. Does that make sense? I am a wreck and we have sold so many homes in up and Down markets. Maybe I am just getting older and we don't have our broker who always made everthing right. God I am venting.
We just listed our home and that article makes us sellers only a number.Good grief I don't know what to do now. I will ask her if she read that article and if she really will do her best in selling our home.We sign the papers tomorrow.She already has the post up for her sign never asked us if she could put it up since we had to cancel signing the contract since hubby was sick. We called last night when we noticed it and she said when she thought we were going to sign monday she ordered it and didn't want to cancel it and then reorder it. Does that make sense? I am a wreck and we have sold so many homes in up and Down markets. Maybe I am just getting older and we don't have our broker who always made everthing right. God I am venting.
I'm sorry, lorriem. Nobody should feel like they're just "a number". If you're feeling uncomfortable about this agent, don't sign the paperwork just yet. Invite her over to "ask just a few more questions". See how quickly she responds to your invitation. Also see how sincerely she answers your questions. If you really feel like she doesn't care about you personally and that you won't get personalized service in the future, nothing says you have to sign that listing agreement. The agent will probably be mad, but if you're not comfortable listing with her now, your confidence level is probably not going to go up. On the other hand, maybe she'll meet with you and you'll go into this feeling you've chosen the right person for the job.
PS It's okay to vent. Everybody needs to once in a while.
Last edited by Gretchen B; 09-06-2007 at 02:57 PM..
Reason: typo
Could be worse. They could have tried to put in another Nuclear Power Plant or the Liquefied Natural Gas port like they were thinking of doing last year. In fact I think Marion having a fight about a windmill farm there.
Definitely don't want a nuclear power plant but, honestly, if i had a choice between a casino in the next town over from me or a windmill farm i'd pick the windmill farm (no additional traffic with a windmill farm).
I'm sorry, lorriem. Nobody should feel like they're just "a number". If you're feeling uncomfortable about this agent, don't sign the paperwork just yet. Invite her over to "ask just a few more questions". See how quickly she responds to your invitation. Also see how sincerely she answers your questions. If you really feel like she doesn't care about you personally and that you won't get personalized service in the future, nothing says you have to sign that listing agreement. The agent will probably be mad, but if you're not comfortable listing with her now, your confidence level is probably not going to go up. On the other hand, maybe she'll meet with you and you'll go into this feeling you've chosen the right person for the job.
PS It's okay to vent. Everybody needs to once in a while.
I did have confidence in her until I read that article posted above.I then wondered if she is using us to increase her listings like the article stated to do she has 12 listings right now . She was recommened to us but like the article says call the clients once a week requesting price reductions or value enhancements if she does that I will fire her she is the one that suggested the price we are asking. We will see what happens. Anyway I did print the article and will ask her some extra questions tomorrow.
I am trying to sell. I am not in a market that was overinflated to begin with. We actually posted a 3.5 per cent or so gain this last year. Not huge but not down. Prior to that it was running about 10-20 per cent increase per year and that was probably high. We are nearing the end of our six month contract. I had r.e. agent incentives from the first day through the sixth week to get people in. All 4 or 5 offers have been extremely low. One came back and upped the price higher but we could pay all closing costs. We have had several look at the house and claim they are going to put in an offer momentarily and never do. I also think it is a general fear of the market in addition to the glut of available housing. People do hear this stuff every day and assume it is happening everywhere. Generally, buyers aren't very informed and they are not about this either. I really believe that they think they are going to wait six months or a year and come back and give some of us the lowest price possible. I don't think that is generally going to happen unless it is a fire sale. I am in a good rental area and I will pull my house off the market (lucky I can) and ride this out two years if necessary.
Couple things,
RE incentives to me is like putting lipstick on a pig. No one's gonna buy your house if your high but you have a nice incentive for the realtor. (I know that's an unpopular statement, but its the truth). PRICE is most important.
If you are getting 4 or 5 offers that are extremely "low" in your opinion, sorry to break the bad news, but that's what your house is worth. Unfortunately, most people trying to sell are too emotionally caught up in thinking their house is worth more than it is. 2005 pricing is a distant memory.
My crystal ball is too cloudy to predict the RE market in two years. Anyone who says they know has no idea....no one knows.
some buyers need closing costs.. ...
More of them now that they need to use the money they saved for the downpayment.... closing costs are a great incentive for the first time home buyer with limited liquid funds available.
I saw a crazy incentive just recently where a seller is including a car w/the house.
I remember that kind of incentive twenty years ago. There was a development in Laguna Niguel (Orange County, CA) where the developer was giving a new Mercedes with the purchase of a new house.
Location: Halfway between Number 4 Privet Drive and Forks, WA
1,516 posts, read 4,585,197 times
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Quote:
buyer or agents, gimmicks are signs of desperation. Buyers want a low price. Period
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Maybe, maybe not.
I still say some buyers want the biggest and best, no matter how much more it cost. Just my observations in the past year in my own neighborhood :-)
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