Frustration Is The Theme Of The Day

When a buyer procrastinates, I hope that the home will sell.  I hope and hope. 

They won't procrastinate the next time. 

I see it in every buyer market.  I put them on my B list as they are serious buyers but not ready to by today.  They need the scare that the market is improving and most likely wont move until scared enough.  i.e. You need to throw some subtle info to scare them a bit.  In my farm, I sent out an blog that the neighborhood has hit a 15 year low in inventory.  I was honest and noted that the buyer market was at a 5 year low.  I stated that whenever the market turns, hang on, as we could move to a buyers market from a sellers market in a matter of weeks, not months. Is that going to happen next month, who knows. 

That got an immediate email asking me if the market would get better next month.  Ahhhh, they are scared. Next I phoned them to tell them that no one knows, but either you buy when we know we are low or wait until the market is heading up, but we wont know until several months are behind us.  I said that I will leave that decision totally up to them....  We are meeting to make an offer on home on Friday.  We will see then.

Larry - Yes, hopefully this experience has taught him an invaluable lesson...  :)

Guess we all learn the hard way sometimes......but it's the best lesson we can learn. He who hesitates is lost!

Patricia Aulson /  Portsmouth NH Real Estate

Foreclosures are bidding wars in my market.  Why??  Because if it's marked "foreclosure" every buyer thinks it's a steal, and most often, it is. 

I am seeing Fannie Mae, HUD, and others sell properties at 50 cents or less on the dollar.....guess their giving away some of that billion dollar bail out money.   

I feel your pain.  I think we all have clients like this.  Since he already has a home, sounds like he has little motivation to act quickly.  Especially with the attitude that, well maybe next time...

Yes, if we could bill by the hour.  For some of my client's I really don't want to know what my earnings would be if my pay was tallied on an hourly scale.  It would just be too depressing.  But their are those wonderful clients who choose a house on the first day out, write a winning contract, and are grateful and wonderful to work with.  Those clients make it all worth while. 

Larry...every Realtor has sat in this seat before and it is NOT fun. All we can do is breathe deeply and move on. Hopefully we can get our clients to feel this pain enough the first time, so that they do realize that time is of the essence if it is truly the home they desire.