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Seller "Benefits" Of An Over-Priced Listing!

By
Real Estate Agent with Serving the Greater Phoenix and Scottsdale Metropolitan Area BR534744000 & BR540649000

 

I asked a few questions in the 'Rain the other day, as I often do.

 

This time the topic was "What are the benefits to the Seller of an "overpriced" listing?" (that doesn't sell)

 

Here, for your dining pleasure, are a collection of the responses that really stood out!

 

The joys of having throngs of people wandering through your house during an open house.

 

The joys of having to keep your home neat as a pin, just in case somebody makes an appointment to view.

 

Those wonderful daily calls to your agent "are we there yet, are we there yet are we there yet?"

 

You can look forward to those calls from your agent strongly suggesting that you should reduce your price.

 

Looky-lou's knocking on your front door, because you have a sign in your front yard.

 

Maybe they just like having a for sale sign with cobwebs on it in front of their house; they like their Realtor's face so much they want it on their lawn for all to see?

 

They are righteously disappointed in their agent and all of the buyers in their community for not recognizing the true value of their home! LOL

 

Only if you want to call learning a lesson from overpricing a property a benefit.

 

None, zero, zip, nada!

 

They want to make sure their home is "show ready" for guests at all times and they have no self-discipline.

 

None. In fact it could get them an even lower price the longer it stays on the market.

 

Peace of mind that they won't be moving soon! Then again, if it is not on the market they get the same benefit without the headaches!

 

They get to have people parade through their house with big frowns.

 

It would give them a listing agent to bitch at and bad-mouth....

 

Thank you:

Alan May 

Thomas J. Nelson, Realtor 

Evelyn Johnston

Michael Jacobs 

Debbie Reynolds 

Wayne Martin 

Jill Murty, Realtor - Orange County, CA 

Barbara Todaro 

Liz Wallace 

Jeff Dowler

Michael Setunsky

Jennifer Mackay 

 

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About the Authors - Updated 2018

If you are considering a Traditional or Short Sale of your home in Phoenix, Scottsdale or any location in Maricopa County Arizona, you owe it to yourself to talk with Haven Express @ Keller Williams Arizona Realty to determine whether Tony and Suzanne Marriott are the best real estate Brokers in the Phoenix and Scottsdale metropolitan area to help you with the Successful Sale of your home.

Tony and Suzanne have personally Listed, Sold and Closed more than a hundred Short Sales with the highest list to close rate in the Phoenix Metro Area!

Tony Marriott - Chief Executive Officer - Haven Express @ Keller Williams Arizona Realty

Suzanne Marriott - Chief Learning Officer - Haven Express @ Keller Williams Arizona Realty

Associate Brokers, REALTORS
Haven Express
Keller Williams Arizona Realty

Comments(22)

Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good moring, Tony and Suzanne Marriott, Associate Brokers thanks for the mention!!

Jun 14, 2016 12:27 AM
Chrissi Chapman Topoleski
Coldwell Banker Realty - Woodbridge, VA
Helping agents live an exceptional life!

Love it! 

Jun 14, 2016 12:29 AM
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home is where the hearth is.

gather ye roses while ye may.  and write a blog about them.

nice.

Jun 14, 2016 01:10 AM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Hi Tony Tony and Suzanne Marriott, Associate Brokers You are clever beyond belief. Very good job.

Bill Roberts

Jun 14, 2016 01:31 AM
Mary Lockman
Windermere Real Estate Methow Valley - Winthrop, WA
Methow Valley Real Estate

Tony and Suzanne Mariott real estate brokers in Scottsdale Arizona can help buyers and sellers seeking real estate in Scottsdale learn about current market conditions in this region so buyers and sellers can best meet their goals. 

Jun 14, 2016 01:33 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

I like that last one!  Severely overpriced is a little different than optimistically priced.  A good agent knows the difference. A good agent makes the seller understand as well.

Jun 14, 2016 01:50 AM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Tony and Suzanne Marriott, Associate Brokers, perhaps we should incorporate this post into our listing packets. Overpriced listings are great to use in CMA's showing potential sellers what is NOT selling in their neighborhood.

Jun 14, 2016 03:38 AM
Lynn B. Friedman CRS Atlanta, GA 404-617-6375

Beth Atalay Love that idea! All the best - Lynn

Jun 21, 2016 12:01 PM
Susan Jacobsen
The Alliance Group Realty - Hilton Head Island, SC
20 Years Providing WOW Real Estate Service

LOVE this post! and unfortunately so true - and I agree with Beth - we should put this in our listing packets - they'll be attracted to the title and then the rest will hopefully make them sit up and listen.

Jun 14, 2016 07:20 AM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Thanks Thomas J. Nelson, Realtor and - thanks for stopping by with a comment!

Jun 14, 2016 11:37 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

You got it Sam Shueh !

Jun 14, 2016 11:38 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

You are most welcome Barbara Todaro !

Jun 14, 2016 11:38 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Thanks Chrissi Chapman Topoleski !

Jun 14, 2016 11:39 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Thank you Alan May - and - heard that phrase on a TV show last night!  Cowinkydink?

Jun 14, 2016 11:40 PM
Alan May

complete co-inky-dink... some of us are classically trained in buffoonery.

Jun 14, 2016 11:54 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Who? Me? Bill Roberts ??   - thanks for stopping by with a comment!

Jun 14, 2016 11:40 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Thank you Mary Lockman - and just noticed we were not "following" you - so fixing that now!

Click!!

Jun 14, 2016 11:42 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Agreed Gary L. Waters, Broker Owner, Waters Realty of Brevard, LLC  - thanks for stopping by with a comment!

Jun 14, 2016 11:42 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

You are very welcome to do so Beth Atalay  - thanks for stopping by with a comment!

Jun 14, 2016 11:42 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Feel free to do so Susan Jacobsen - and just noticed we were not "following" you - so fixing that now!

Click!!

Jun 14, 2016 11:43 PM
Lynn B. Friedman CRS Atlanta, GA 404-617-6375
Atlanta Homes ODAT Realty - Love our Great City - Love our Clients! Buckhead - Midtown - Westside - Atlanta, GA
Concierge Service for Our Atlanta Sellers & Buyers

Interesting type of post - certainly a bit toungue in cheek - right?

All the best -
Lynn

Jun 21, 2016 12:00 PM
Jim Paulson
Progressive Realty (Boise Idaho) www.Progressive-Realty.info - Boise, ID
Owner,Broker

I think I might put a link to this blog for my expired listing campaign along with my offers on overpriced listings.  Wait, if the agent sells their only (albeit overpriced) listing, won't they be out of business?

Jun 22, 2016 02:54 AM