I recently went to visit a potential client . She explained that she had an interest in selling her home and relocating. She was working two jobs trying to make ends meet. However, in searching for her motivation to list this propery, I found that she wanted to lessen her monthly outlay which included the mortgage and several hundred dollars in credit card payments. She was looking to move from NJ to Philadelphia. Now here is the rub. The mortgage she was holding was $97,000 and there were forty similar houses in the town for sale. Also, similiar quality homes in Philadelphia were $135,000 and finally, I had another client who was looking for in this exact neighborhood in the same price range. What would you do in this situation. Would you take the listing?
Homestead Realty Inc. - Milwaukee, WI
Greater Milwaukee Real Estate
Hi Leander,
i would just explain what you know. If she is ok with moving to an apartment then go ahead and take the listing.
Also for finding more motivation, find what is important about her move to Phili. I'm sure there is more to it.
May 14, 2008 05:36 AM
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County
Like Andrew said, lay the cards on the table and let her make the decision.
May 14, 2008 05:45 AM
https://teamcoker.robertpaul.com - Falmouth, MA
Heath Coker Berkshire Hathaway HS Robert Paul Prop
There may be things she isn't talking about, too. If you are clear ahead of time, and she understands what the markets are, I wouldn't try to foresee everything. You are being hired for the job of selling her home.
May 14, 2008 05:57 AM
The Adam and Eric Group - Fullerton, CA
The Adam and Eric Group, Fullerton's Finest
I would take the listing if she is willing to sell. You habe to lay it all out and it is not your call if she wants to move.
May 14, 2008 05:58 AM
Comments(4)