I am confident we have all witnessed 'greed' grow to an unbelievable level over this past year to two years. I am curious when it will slow down. I have been in the business too long to think it will ever completely stop. Greed - Just as harmfull as any addiction, is costing people thousands of dollars, their well being, and that of those around them.
I had an agent call me today wanting to know if my client was still interested in a home we had put an offer on just 2 weeks ago. Somewhat embarrassed they expressed they would move forward with the price and terms of the final counter if so.
With the final counter I had explained the buyer was going beyond what was comfortable for them to work with. I expressed how much the buyer loved this house, but it also had some drawbacks that anyone would be facing.
The counter was less than 2% difference in asking price, over 3/4 million. While I appreciate the money that can represent, I also appreciate a bird in the hand concept. So now less than 2 weeks later this seller is running out of summer, probably interested parties, and most likely will need to settle for far less than the last rejected counter. My client has an accepted offer on another home and has moved on from this previous home.
Greed is running wild right now, in my opinion, and just as any addiction, people are not realizing the harm caused.
'Experience the Difference' in working with a full time professional REALTOR®. Your wants and needs will always be my priorities.
Mark Don McInnes
Broker - REALTOR®
208 255-6227
SandpointNorthIdaho.com - North Idaho Home & Land Searches
Sandpoint Realty LLC
1205 Highway 2
Sandpoint, Idaho 83864
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