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Again, sounds like it is a different dynamic based on the state requirements.
In NC, again, I know, the broker is responsible for all interaction with consumers and should have records.
Yeah, no one does it, but that doesn't reduce the responsibility and liability to the brokerage and broker.
Contracts are the only thing we upload in real time. We do keep records of written communications and upload them for the file after a transaction closes.
Contracts are the only thing we upload in real time. We do keep records of written communications and upload them for the file after a transaction closes.
For all you know, OP, the seller had just called and told the agent to get it sold, no matter what it takes. They are tired of it and they want their money, now.
If the sellers wanted it sold quickly, then put a below market price on the home.
I think the agent has some bills coming due and needs some quick cash.
If the sellers wanted it sold quickly, then put a below market price on the home.
I agree that yours is the best strategy, but I'll give you the other side of the coin because I've seen it all.
I've had it happen plenty of times where the seller has told me to do whatever to get it sold quickly, but they don't want to drop the price so they have negotiation room. The seller plans to come down when they get an offer, so the buyer feels like they got deal. For the sellers that do this, they do it because that's how they buy something so they think it's the way they have to sell also.
I agree that yours is the best strategy, but I'll give you the other side of the coin because I've seen it all.
I've had it happen plenty of times where the seller has told me to do whatever to get it sold quickly, but they don't want to drop the price so they have negotiation room. The seller plans to come down when they get an offer, so the buyer feels like they got deal. For the sellers that do this, they do it because that's how they buy something so they think it's the way they have to sell also.
I agree with this. I find this especially true with older generations. They think they need to keep it high to have negotiating room.
I walk in, there is nobody else there. It's not an area that will attract much attention, even in this market. The realtor greeted me, was pleasant, and started telling me about the house. The roof was done recently, the appliances are new, this was updated when, and so on. All good.
She then says, the price of the house is VERY negotiable. The owner just died, and the family lives in another state, and they are looking for a quick sale. I hadn't even seen the house yet; I was still in the entryway.
To me, this is a mistake. The selling of property is (mostly) a negotiation. I understand the full disclosure bit, but best I know, that extends to latent defects. To me, you don't start off by telling someone that you will likely wind up with a better price than what is listed b/c of X. Am I wrong? If I am missing something, please tell me.
A friend of mine Mother died. She was in FL, he was in MA, and he had sister in NYC. Mother left the house to them. They quietly had her cremated. They had no need nor desire for the house. They made 3 day visit to get anything they wanted. They contacted a local realtor they knew. They said they wanted a fast sale. The realtor showed them comps but she also she knew a person that could be interested but the price had to be attractive. They sold the place as is at about 20% less then the comps would indicate. They were happy to be rid of it.
If the death occurred inside the property lines, then it might HAVE to be disclosed.
But the rest of the story isn’t necessary.
Not true in Colorado.
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