When the job is done right, the Sellers take the given advice, the Buyer's present themselves immediately and the deal is done.  Everyone moves on with their lives with as little stress and incovenience as possible!

Via Paula Swayne Realtor - Land Park, East Sac & Curtis Park Homes Specialist (Windermere Dunnigan Realtors, Sacramento (916) 425-9715):

When setting a listing price for a home, accurate information and evaluation of that information is critical.  The nuances of the neighborhood, knowledge of the comparable properties, current issues facing homeowners and buyers all come into play when setting a market value of a property.  Realtorscarry on a thorough discussion with their sellers, explaining all of the factors that affect their home's value.  The discussion can take the tact of why the property is worth more than the sellers thought, but more often than not, the Realtor is explaining why it isn't valued at the same amount that the sellers thought.  Of course, there is an emotional tie for the sellers...fond memories and endearing features of the property that add value for the present homeowners, but are simply a perk for a buyer.  So, after long deliberation, the Realtor and property owners come to agreement on an acceptable listing price.

However, does the Realtor have the same discussion on the seller's expectations after the property goes on the market?  For the Realtor, an ideal situation would be the property selling in a reasonable amount of time at very close to asking price.  From a seller's perspective, receiving an offer too quickly and at asking price translates into not asking enough for the property.  When the property is listed, it is critical to include this conversation.  If we do our evaluation correctly, and market the home properly, the property should sell quickly and close to, if not at, asking price.  The sellers should not be surprised by an early offer - rather they should congratulate themselves for hiring a Realtor that was professional, knowledgeable and thorough enough to do exactly what the sellers required of them. 


www.PaulaSwayne.com
CA DRE# 01188158

Susan Emo
Sales Representative,
RE/MAX Riverview Realty Ltd. Brokerage*
Gananoque, Ontario
613-382-2211

www.SusanEmoSellsHomes.com

 Serving the Gananoque, Kingston, 1000 Islands Region
- come for a visit and stay for a lifetime!

*Each office independently owned and operated

 

6 Comments on SOLD QUICKLY AT FULL PRICE...DARN IT!!!!

NOV
07

Right you are I just had this happen wish I had 10 of those properties - I told the sellers "there's going to be a lot of people kicking themselves that they didn't move fast enough on this"  I had a bunch of casual calls on it.   They were thinking that the seller had to sell they didn't they just wanted to sell to concentrate on other property. 

2:02pm • #1
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Gotta love them when they're priced right for action -  I love selling them before the seller hates me lol   Thanks for stopping by Kathy.

3:07pm • #2
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Strange, isn't it, that sellers tend to think that they must have listed too low when they get a good offer right away?  There really are some buyers "waiting in the wings" to snap up that nice home when it comes on the market - because they have looked at so many bad properties!  Your sellers should be thanking their lucky stars - and you!

3:09pm • #3
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Lynn -  it is usually the experienced 'looker' that jumps at these well priced properties.  They know a realistic Seller when they see one - thank goodness.  Thanks for stopping by.

3:16pm • #4

Susan, that's exactly what I think about listing at the correct price, sellers listen to our advice, suggestions, the property will move.  I have a perfect example, I had a listing not long ago, I priced it right on the money, we have immediate showings right after, 2-3 agents were going to put an offer on the property, the seller said" I don't want to sell it anymore, I think I should sell it for a higher price."  I explained to them the reason there were so many showings right away cause it was priced right.  But to them, they think I underpriced it.  They withdrew regardless, and they expanded the unfinished bonus room upstairs, did a few upgrades, they said they will try to sell it a few years later for a higher price.  I hope they are right....... 

3:57pm • #5
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Rita -  I hate it when that happens!!!  I hope you weren't out of pocket too much on adverstising, etc.   Thanks for stopping by and I hope you have a great weekend!

4:06pm • #6

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Susan Emo in Kingston/Brockville/Gananoque

Gananoque, ON

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RE/MAX Riverview Realty Ltd - Brokerage 1000 Islands Canada

Office Phone: (613) 382-2211

Cell Phone: (613) 331-4885

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