Buyers and sellers expectations are high and the only person they can take it out on is their agent. Seller wants to sell at top dollar while buyer wants to lowball all offers. Our job is to find the acceptable middle for them. Seller's last words to me, after signing the second counter offer, was "I'm not happy with the price". The trouble with this is it is just where I thought it should be, for the condition of the house and what the market in his neighborhood shows closed sales to be. I told him what his price range will be, low end xxx high end xxx and it sold in the middle.
When I called the selling agent I said my seller wasn't happy and he said his buyer said the same thing to him. They weren't happy because they wanted to get it at the bottom of the price range.
Don't we all want a bargin for our buyers and to make the most for our sellers but that isn't possible. Some one has to give and take or we will never get a closed sale. I am glad my client finally saw the advantage of making this deal and I know he will be glad when all is said and done.
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