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negotiating: Why Have an Asking Price if you Negate it in Your Property Description? - 06/19/09 12:58 PM
I was looking up properties in the MLS today, and I came across a very interesting one.  It has been on the market just a month, but has had several price adjustments.
The current asking price is $365k and it says in the description, "We will not accept an offer under $350k check the comps and compare the difference."
Why have an asking price if you're going to negate it?  The seller is asking $365k, but they're really saying that they're asking $350k.
Why not just list it at $350k and be firm and show the buyer why you're firm?  Wouldn't … (47 comments)

negotiating: A Buyer Sees a House How Many Times Before Writing an Offer? - 01/26/09 09:35 AM
When buyers look at a house more than 2 times, do you think they're trying to "talk themselves into the house"?  For the most part, a buyer looks at a house, decides to submit an offer, negotiates, and during our Texas "option period", they go back to the house and look at it again during their inspection and decide if they want to really move forward.  Sometimes, a buyer will look at a house twice before sbumitting their offer to make sure they're ok with the "option money" they might lose, though it's usually just only $100.
If you're a seller, and you see … (16 comments)

negotiating: Aggressive Seller with Machete - 01/02/09 10:13 AM
The ad was titled "Aggressive Seller w/ Machete".  Does that grab your attention?  What was your first thought when seeing it?
My initial thought was that there was another story about a seller going psycho because he couldn't sell his house and chopped up his family.
When you click into the story, it says:
Motivated individual with an attitude just whacked a million and some change off of this 6200 square foot Penthouse on east Superior. Panoramic views included.
Ahhh, I see.  He used a Machete to drop his price.  And as a seller, it looks like he's being reasonable … (38 comments)

negotiating: Do Buyers' Agents Actually Explain Negotiations to Their Buyers? - 11/17/08 09:50 PM
I sometimes wonder is Buyers' agent actually explain things to their buyers in terms that they'll understand.  If they do, why do so many things happen that don't make sense.
My latest example is this:  I have a listing under contract. The buyer did their inspections and presented an amendment to the contract.  My sellers countered back. 
The counter included agreeing to one repair, giving the buyer a $500 repair escrow, and leaving the $1200 fridge that is barely 2 years old.
When I presented the fridge, I reminded the agent to let the buyers know that if they feel they … (50 comments)

 
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Donna Harris, REALTOR®, CDPE & ASP - Hill Country Austin Lakeway Homes

Austin, TX

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RE/MAX Austin Skyline

Address: 4611 Bee Caves Rd #200, Austin, TX, 78746

Office Phone: (512) 592-7127

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This blog is to help educate Buyers, Sellers and even other Realtors across the country.  Each market is different and the way Real Estate is done is different.  Austin Real Estate is completely different than Dallas, California and Florida and everywhere else in between.  Some times there will be other things besides real estate as I like to rant and rave as much as the next!!  Come back often!

Donna Harris, REALTOR® with RE/MAX
Donna Harris, REALTOR® with RE/MAX
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