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group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
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AR's community takes the time to leave honest and transparent reviews of their experiences
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Each month AR runs numerous contests as a way for our members to engage in activities
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Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
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Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
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These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
Disgruntled agent says “The reason why you received multiple offers is because it’s priced TOO LOW...”
Many of us are reporting multiple offers on our listings, even with short sales. This is a surprising turn of events, and one that we welcome.
However, dealing with agents whose offers were not considered could be quite trying.
My three most recent short sales generated multiple offers. My latest short sale at 2707 Bayview in Alameda CA resulted in 12 offers, three of which are cash offers. The comparable market analysis plus the fact that this is a short sale dictated that we needed to price this property aggressively to generate the maximum possible attention. And it did.
This particular agent was late coming to the show. When told that we are in a multiple counter offer situation, and that the sellers are no longer looking at any more offers, he had to throw in a dig. He said,
“The reason why you received multiple offers indicates that you priced it too low.”
I can think of a number of reasons why the property received a lot of attention starting with how fabulous the property looked after my sellers worked hard for two weeks to get it to literally sparkle. Compared with other properties on the market, this one is a gem. And price-wise it was competitive.
During the brokers tour, the agents marveled at the market presentation and they commented that the property was priced very well.
If this agent was trying to lord it over with his superior knowledge, he failed. What he succeeded in doing it putting himself among the group of agents who are disagreeable, grumpy and sore losers.
Did I mention that he also tried to low-ball another property I listed on the same street at 2915 Bayview? That, too, generated multiple offers.
This agent claims that his buyers decided to pass on that property because of too many issues. Huh? That property was in very good condition, with clear pest inspection, and in compliance with government ordinance. The only issue I can think of is that he couldn’t convince his buyers to write a decent offer.
Disgruntled agent says “The reason why you received multiple offers is because it’s priced too low...”
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.