After getting Deb pre-approved I showed her some homes in South West Fort Wayne. After four showings we found "the one". She asked if we could see it again the following day, and asked me to bring a purchase agreement because she was ready to make an offer.
I ran my comps and found that the home was priced pretty well for the area. Since we were asking the seller to pay for Deb's closing costs, a survey, and a home warranty, I recommended offering around 92% of list price. I thought that if we offered that we could come to an agreement around 96% of list price and everybody wins. What she said next threw me for a loop.
"I hear what you are saying Jared, but my hairdresser said I should offer 60% of list price. You know. Cause it's a buyer's market."
"What the WHAT?" was my response.
Deb went on to tell me that her hairdresser got a great deal on a home a few years ago. She said that she bought it for around 60% of list price. Yeah, it was listed for $20,000 and she got it for $12,000. It was also in the highest crime rate area in Fort Wayne, it was a HUD home, and it needed work.
I told Deb that if she wanted to get a deal like that we needed to start looking in the same place her hairdresser lives. I also told her that if she was going to take real estate advice from her hairdresser that she should start taking hair style advice from me, and that next time she needed her hair did to CALL ME! I'll do it! I have a set of clippers!! Plus I'd probably be a lot cheaper. :)
We shared a laugh, and she came to her senses. We ended up getting the home for a little less than I expected and everybody ended up happy. Oh, and her hair LOOKED GREAT AT CLOSING!
If you are in the market to buy a home in ANY area (not just Fort Wayne), please do yourself a favor and trust your Realtor®. It's our job to know the market inside and out, and it's our job to get our buyers a home at the best possible price... but probably not for 60% of list price in most cases. Thanks for stopping by!
Amanda and Jared Christiansen are award winning Realtors with Century 21 Bradley Realty in the Fort Wayne area.
Enough about us...
Tell us what you want your real estate experience to be, and we will do it YOUR way.
Buying? Tell us your wants and needs. Let us know how you envision your family living. Tell us what's important to you, and we'll find the community and home that fits what you are looking for.
Selling? Our job is to make you the most money possible in the shortest amount of time. We offer our sellers professional staging, professional photography, and more internet marketing than most. We will also put your home on our weekly television show Sunday mornings on ABC.
We are committed to giving you everything we have to offer. We are both full time agents and will work around your schedule. Do nights and weekends work better for you? NO PROBLEM. We are here to help you.
Amanda can be reached at 260-704-0843, and Jared can be reached at 260-704-0842.
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102 Comments on My Hairdresser Said I Should Offer 60% Of List Price.
I like what Margaret posted and will try that the next time this comes up
I WISH they would say that their hairdresser told them. Then, I would have the snippy comeback as you did. Unfortunately, the advice for this type of low-balling comes from their mother, or their father . . . and I can't make a snippy comeback when it's their parents. But, I do often wonder why adults - which they are - are still wanted Mommy and Daddy to make their decisions for them.
Good one! I'm glad she came to her senses. We hear all kinds of those versions, don't we? The family member, the co-worker, the neighbor and even the ex. Still laughing.
Great advice and I loved what you told her. But, I'm really glad she got a great home and a great haircut! (LOL)
Great story.....and great response!
ha ha. you should have asked her if she had any stock tips for you too from her hairdresser. Next thing you know, the hairdresser might become your competition as the new realtor in town...lol.
OMG - just when I thought I'd heard everything!
That is so funny, but mostly because your client came to her senses. There are so many times when that situation doesn't end that way. Thanks for sharing.
LOL great post!
Not sure how I missed this post on Valentine's day but wow. Why don't people understand that we are professionals and we aren't just blowing smoke? I'm glad everything worked out in the end.
Great post, Jared! So funny and so very, very true. Let me know what times you have available for an appointment for me to get my hair cut, please...
I'm impressed she took your joking so light hearted and came to her senses so easily. I'm always amazed at who people listen to for advice and then sometimes refuse to listen to those of us that work in the industry day in and day out.. -Kasey
Well, I have a giant smile on my face. How many times have we heard similar comments from clients? Your responses were warranted and clever!
I wish the same Jared. Why, oh why, do people trust everyone but the one who works in the field, has experience in buying and selling homes, and has been doing the same for years!! Why, oh why? It's sad really.
Deb wouldn't have been happy with the way I handled it.........and I was a hairdresser at one time too........for 30 years.
I think this is a great post. I lost my "nougat" yesterday in a similar situation. I think you did much better than I did. I was totally taken aback!
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Jared, just send Amanda to that hairdresser and have her say:
"My REALTOR says that I should be able to get a perm here for $12, because its either hair today or gone tomorrow!"
Like your humor in handling this issue, a great laugh and a great ending.
No kidding that people are really close, loves and trusts their hairdressers dont they?
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