Two weeks ago, I talked about getting back to normal

A week ago today, a REALTOR® referred a customer to me so she can take advantage of our September incentive (If you don't know about it, find out how you can save your customer thousands here). Within 24 hours, clapI had sold the deal, received all the signed RESPA, and collected the supporting documents.  Wow, I'm good! (Yes, I am applauding myself.)

My customer found a house and completed an agreement of sale on Monday.  In the past few years, when you put an offer in, it had to be the best possible (often over asking price) because seller had an array to choose from.  At least that was the trend in the Lehigh Valley.

kitNot so much anymore. The offer was below asking price.  However, that is not what I want to focus on. The sellers counter-offered.  My customer countered back.  The sellers responded with yet another counter-offer.  My customer is going to counter that.  This transaction looks like it will have more counters then Chef Gordon Ramsay's kitchen!

Finally, we have some negotiations again.   As Merriam-Webster describes it; "to confer with another so as to arrive at the settlement of some matter".  After all, isn't that what this industry is all about?   

Yet another sign we are going back to normal.

 

15 Comments on Negotiations are Back!

SEP
06
2007
231,237 Points 64 Featured Posts Outside Blog
When the sellers have enough confidence to throw a little back, it's good for us all. :o)
5:08pm • #1
265,573 Points 59 Featured Posts Outside Blog
Negotiation, like competent competition, are coming signs of a market whose health (long term) will come back to normal.
5:18pm • #2
224,394 Points 1 Featured Post
Negotiations are like a ping-pong match...but they can also be a lot of fun! Seeing how good a deal you can get for your client!!! I am in the middle of a couple right now-
5:46pm • #3
476,155 Points 54 Featured Posts Outside Blog
Ann I hope you are right.  It would be great to finally start hearing some good news instead of all the negative stuff.
6:07pm • #4

Negotiations have been in full swing the past few weeks here in Berks County. It's funny when they just reject the all cash, no inspection offer with no countering and it wasn't even that low of an offer from asking!!! Makes you wonder..

7:27pm • #5
370,539 Points 62 Featured Posts Outside Blog
Good for you!  Good for your soon to be home owner, too.
7:27pm • #6
537,076 Points 45 Featured Posts Outside Blog
You really have to understand the players. Some want to dance several times with countermoves - some make one offer (or counteroffer) and that's it. They don't want to play games.
7:49pm • #7
284,122 Points 4 Featured Posts Localism Sponsor Outside Blog

Negotiations are Back!

Like they day price it to Sell

When we price it to sell then buyers show up and when buyers show up they bring offers and when they bring offers they bring choices for sellers and guess what Negotiations are Back! .. It our job to price homes to sell not to keep sellers egos intact.

I tell my sellers all the time ... do you want to SELL or List because if you want to LIST call someone else

Eric Reid, REALTOR Principal / Team Leader Renaissance Realty Group, Inc. Office: 404-921-2067 Ext. 102 Fax: 770-513-4443 Search all homes for sale in Georgia from one location.   http://www.georgiaonlinehomes.com/  

Negotiations are Back!

 

9:11pm • #8
5 Featured Posts

 ?

Nice job...I love it when a plan comes together.   

10:08pm • #9
SEP
07
2007
6 Featured Posts

George I agree we need more positive around here

Bob  I am going to start calling you Hannibal Smith (I loved that show)

10:13am • #10
109,808 Points 8 Featured Posts
I enjoy the negotiation process and I think it makes each party have a little more appreciate for their position. Brings everyone back down to Earth. Finally.
10:28am • #11

The new BUZZ word or word(s) WIN -WIN need to become less of a Motto and more of a lifestyle..

To get a real WIN WIN the agents need to be listening the the Needs of the Clients and not get pulled every which way by the WANTS of the ego... I love being able to sit at the closing table and see only happy faces.

11:04am • #12
SEP
10
2007
5 Featured Posts
Jason can be Faceman.  Rob can be Murdock...Who's BA?
1:22am • #13
6 Featured Posts

Hmm...B.A.?  I would have to say Chris (she neems like the type of person you would want on your side)...Oh on 2nd thoght Linda! 

9:42am • #14

Leave a response…



(optional)
What does the graphic say?
 
The thoughts, opinions, statements, and advice of a mortgage broker.
ActiveRain.com
<!-- SiteSearch Google -->


Links

Archives

RSS 2.0 Feed for this blog

Find PA real estate agents and Allentown real estate on ActiveRain.