Via Robert Foust |North Orange County | Fullerton Real Estate | Brea Real Estate (Foust Asset Development - Foust Team Real Estate):

Today we got a call from a potential client who shocked us with his attitude.  He is really not highly motivated, but he is totally realistic.  He wants to see his house at a "fair" price - not expecting top dollar of yesteryear.  He knows he over improved his home, but he says he did it for himself, not as an investment.  In fact he made the following observation. " Look, Bob, if I had sold my house two years ago at the top of the real estate market, I would have put the cash in the stock market.  That would have shrunk by 40% at least.  So the real estate market being down by 25-30% is still a better deal."  It is refreshing to hear realistic sellers are still out there.

 
Posted by Diane Daley on 01/19/2009 12:56 PM   Comments (2)  
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2 Comments on Seller Who Understands Todays Market

JAN
20
2009

Wow what a dream customer. Even on the lending side it is hard to tell someone that their house is worth less then it was only a year earlier. The biggest hold up for all of us is value.
2:36pm • #1
JAN
21
2009
1,057,134 Points 27 Featured Posts Outside Blog Called Shot Master

I can't believe there is a seller who "knows he over improved his home, but he says he did it for himself, not as an investment." Wow. What's the world coming to?
3:09am • #2


What does the graphic say?
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