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Seller's usually have a well defined reason for selling and moving.

Seller's have many reasons for selling, some are:

  1. A new job which requires them to relocate.
  2. A pay increase that allows them to purchase the larger home they always wanted.
  3. Downsizing when children leave home and the size is not necessary anymore.
  4. Retirement...and the size is just to large to maintain.
  5. Travel has become a priority and to maintain a home is just to much.
  6. Health issues force the sale.
  7. Lost employment and can no longer afford the home.

The issues are many and diverse.  This is a partial list but covers most issues.  The "Seller's Remorse" sets in when they just were tired of the home and wanted a change or a change in lifestyle.  More than once I have had clients call me after they have accepted an offer and say, "do we have to sell"?  They have had that little cloud of doubt creep in just after the realization that they really have accepted an offer and will be moving.

                     sellers remorse

Sellers have been in the home for more than 10 years in most cases.  The sellers have become very comfortable with the home and know all of its faults and short comings.  They also know all the reason they have stayed so long....they like it!  So now they have a fear of the unknown.  What if we can not find a house like the one we sold!  What if's are the creator of all doubts.

So as a listing agent I talk my sellers though these issues and find out why they are selling.  It is extremely important to eliminate this anguish before it happens.  If this is not addressed the sellers will face these issues sooner or later.  They are not the typical sellers.  Usually they do not have to sell, they want to sell.  That is a big difference in motivation.

I hope this gives you a little insight into "Seller's Remorse".  Career professionals face these issues day in day out and can help identify a selling strategy to meet the needs of sellers.  Professionals also can make sure you are selling for the right reason so "Seller's Remorse" does not happen to you.

Have you had an interesting situation where "Seller's Remorse" creeped in?

 

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Real Estate Agent: Gary White~ Grand Rapids Real Estate, FlexIt Realty,  a call or click away! (Flexit Realty~Serving West Michigan)
Gary White~ Grand Rapids Real Estate, FlexIt Realty, a call or click away!
Grand Rapids, MI
More about me…
Flexit Realty~Serving West Michigan

Office Phone: (877) 667-4699 Ext.: 703
Cell Phone: (616) 821-9375
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