Curiosity may have killed the cat and the home buyer?

Morning Scott.

I see they are still out there.  I won't say they are idiots, but right now nothing else comes to mind

Good morning, Scott Godzyk some buyers and their agents just can't get out of their own way....

You said it all!!!

All Agents are not created equal and every buyer or seller should take the time to hire the BEST not just the biggest. By using this philosophy to provide more personal and Professional service to guide to clients through each step of the buying or selling proces.

Good morning Scott Godzyk ,

OMG..of course the buyers agent should look to try and find out what the seller paid and prove to the buyer there is great value in buying because of appreciation! Not show them its a bad investment and will only get what they paid for it! You are right all agents are not created equal!

Good morning Scott. The buyer and his agent has better wake up and stop wasting paper. Enjoy your day!

Good morning Scott. Great post. I often asked buyers who insisted on this, what if the sellers bought high?

Sad that the Buyer Agent lost sight of their assignment and gave poor advice !

When I've had buyers who looked up purchase price and made comments about what the seller "should" make on his home, I've often told them we have no "price police in Charlotte" and then asked them how they'd like it if the price police came to their home and determined an appropriate sale price based on what they paid. That usually shuts them up.

Sounds like a baby agent who needs some training.

HI Scott Godzyk - This and price per square foot are my two biggest pet peeves when listening to buyers. Every home in Sedona is a custom built home and though Price/SF is a bench mark, a buyer has to look to amenities and views etc ...at least in Sedona. This is why they pay me. I know what the value of the home is.

That previous sales price is always irrelevant, unless you are dealing with an FHA buyer and a flipper of a seller.

I have had some buyers question what the seller paid before and always explain that it's not important because it's what a home is worth that counts. I also have not had to deal with an agent that agreed that it was important either but I am sure it's coming some day.

Sales price that the seller paid is irrelevant.  Years creat appreciation.  Improvements can be made.  The only thing a buyer should be concerned with is "current" market value.

What a weird belief. Unless the house was sold to the sellers within the last few weeks, and we know that's an unlikely scenario, it's not relevant. Bizzare at times what buyers, and their agents seem to think in terms of trying to find value.