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Divine Intervention. In the Housing Market?

By
Real Estate Broker/Owner with RE/MAX Property Concierge
cloudsI had a conversation the other day with one of my home sellers. This particular house has been listed for sale for six months. The conversation centered on a market analysis I had prepared and mailed regarding the activity or lack of activity in this neighborhood. Many of the houses had taken at least one price reduction and houses that have sold have been selling less than the asking price. Due to the lack of showings, not to mention interested Buyers, my recommendation was to lower the house about 4%.

My Seller called to let me know that the correspondence was received. The story should have ended there. The phone call continued with the owner telling me that they had something really special in terms of their house and the lot it sits on. As I continued to listen, I was told that their spiritual beliefs guided their life's, therefore insuring that the asking price of their house would eventually be met.

Occasionally when we are in the car around the noon hour, we listen to Dr. Laura. Many of her callers start their conversation with " I have two beautiful children", to which Dr. Laura replies "Nobody has ugly kids". Houses are no different. The Seller's house is always nicer than the one down the street. In real estate, this is a universal truth.

Let me make one thing clear. I am in no way questioning one's spiritual beliefs. My business philosophy is never to engage someone in a discussion regarding religion or politics. These are discussions in which there is no winner, only two losers.

God may have been responsible for saving Daniel from the lions den or getting Gilligan off the island, but I have yet to hear of a documented case in which a tremendous beam of light shines down on a house, making it stand out above all others and directing a potential buyer to pay a premium for the privilege of owning it.

People choose to sell for a variety of reaons, sometimes even by ignoring facts and justifying with emotion. But then again, even Jesus could not convert them all.

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Laurie Mindnich
Centennial, CO

I enjoyed this post- it's that old "what will be will be" thing that defies all common sense...

May 21, 2007 06:00 AM
Michelle Spalding
Transaction Management Consultants - Waco, TX
Time and Money Saving Solutions for Savvy Realtors

Guess they could be right, if the house stays active on your MLS long enough for the market to catch up with the price then sure, it may be priced right.  But who wants to wait that long?!?  Sounds like they aren't serious sellers.

May 21, 2007 06:04 AM
Anonymous
David Blair

Gods works in mysterious ways. Have faith!!

May 21, 2007 06:38 AM
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