It's Been Three Days And No Offers

I’ve seen that level of patience many a time in my business as well but eventually come most of the time, the facts of the situation set in

Margaret you had me laughing.... I had an international client who I represented on three transactions.... he decided to sell one of the properties..... I bought him an offer very close to asking... he turned it down.... then wanted to relist with me at a much lower commission.... I thanked him and wished him well.... then I see it is listed at a very low commission same list price as I did.... He wanted my opinion... I suggested to talk to his agent instead of asking for my opinion:))Endre

Hello Margaret - the call you received prompts questions about expectations.  The seller as well as the listing agent.  Was there a discussion about the listing price as well as other factors?  

That's interesting! It sounds like someone is in a hurry to get that home sold, and it might not be the seller.

Oh my goodness.  CMA is what definitely comes to mind.  The client's interest should always be first.  Excellent blog, thanks so much for sharing.  Hope you have a fabulous day!

Absolutely - have that discussion with the agent you hired to sell the house. 

Seems like a classic case of public misperceptions regarding the real estate market and real estate agents.  The agent people hire makes a huge difference in the results. 

Margaret I agree with what you said.  But what was also going through my mind as I read your blog, is this Agent probably priced the house higher than he/she knew it would sell for to get the listing.  Now that he/she has the listing, wants to quickly bring the price down to where he/she knows it needs to be.

Margaret Rome Baltimore 410-530-2400  I like your point that the sale speed should be partially client-driven. You are right, they may not need to sell that fast.