Dear Seller – Don’t get too greedy on your inspection reply, it just might not work.

 

yelling

 

Buying and selling real estate is very emotional. And many times sellers and their agent feel that as buyers invest in time, they become emotionally attached to the property. And thus sellers often become a little too assured that the deal’s going to happen - even during the continued inspection negotiations. It’s true, many buyers emotionally  “move in to the home” prior to closing and not much will deter them from following through and buying the property. But that’s not always the case.

 

Negotiations occur for monetary reasons but also negotiation affect the emotions of people. And buyers and sellers alike have their threshold. It’s different for all people and you never know where it is until you reach it. But if you reach that turning-point in negotiations, either a dollar amount or an emotional amount, the deal is likely to fall out of contract.

 

Again, buying and selling real estate is extremely emotional and stressful. It’s not something people do all that often and this added stress can be very draining.  Counseling and being supportive of their clients through these times is what a good agent will do. Real estate is a constant give-n-take. Back and forth until both parties are either happy or the deal terminates.   

 

So remember sellers and agents, it’s not over until it’s over. And if you get too greedy in your inspection reply the deal just might be over.

 

 

 

mailto:Charlie@SteamboatsMyHome.com

 

 

3 Comments on Dear Seller – Don’t get too greedy on your inspection reply

SEP
26
2011
146,602 Points 1 Featured Post Attended Rain Camp

Thanks for your post today. I agree with not getting too Greedy.
3:20pm • #1
270,772 Points 4 Featured Posts Outside Blog

What a great reminder for sellers that do truly want to sell.  Do they really want to start over and find another buyer who will likely have alot of the same issues anyway?
3:21pm • #2
227,197 Points 8 Featured Posts Outside Blog

As we move forward in transactions, we cna't forget how sensitive deal are. I'm not saying give the home away but be aware, it's not over until it's over.

Krista - It's a balancing act all the way to the closing table.

Jenifer - Starting over is not a good alternative and if you let them know that, they might be a little more reasonable.
3:24pm • #3


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Charlie Dresen, 970-846-6435 Realtor in Steamboat Springs, CO e-Pro

Steamboat Springs, CO

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Prudential Steamboat Realty

Address: 610 Market Place Plaza, Ski Town USA, Steamboat Springs, Colorado, 80487

Office Phone: (970) 879-8100

Cell Phone: (970) 846-6435

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Charlie Dresen: Providing localized and professional information about real estate and Steamboat Springs, Colorado. Originally from Seattle, Washington, Charlie relocated to Steamboat with his wife Carol and their son, Finn. Charlie is a second generation realtor and is proud to be a member with the Prudential Team here in Steamboat Springs. After graduating from Whitman College in Walla Walla, Washington, Charlie worked in the high-tech industry in Seattle for several years before deciding to follow his father's lead and began his career in real estate. View all AR Posts By Charlie Dresen

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