I Told You So

By
Real Estate Agent with Prestige Properties

Don't you love it when you are right.  Especially when it it to your client's benefit.

I recently listed a home for a couple that had remodeled it.  The husband was a general contractor and licensed plumber and elctrician so I should not have been suprised to see the fantastic job they had done.  The home was in a small mill town located in my area and home prices are low to begin with.  Not much over $100k.  The area has seen some hard times but recently has become one of those areas where people are looking to buy because they know they can buy so cheap and then renovate and have a great home for not much money.  Many of these homes have never been updated and were originally built in the 1930's when textiles were king.  They usually sell around $80k.

In advising my clients, I told them this was truly a great home and the rennovations were excellent.  I advised a price and they laughed.  They said no one would pay that in their area.  I put it on the market for a lot less than I thought it should be but it was what my clients wanted and they stood to make a good profit.  12 hours later we had three offers and all three were over asking price.  They were shocked and delighted at the same time.

I told them this was one of those times I really enjoyed saying "I told you so!"  They laughed and asked if I would be willing to list another property for them.  Of couse I will.

Todd Pierceall
Prestige Properties
www.prestigeproperties4u.com

Comments (4)

Gordon Sloan
Group1 Real Estate, selling houses in Salt Lake City Utah - Salt Lake City, UT
Salt Lake Homes For Sale, Salt Lake Real Estate

Todd, In these times that is quite a feat.

It says a lot about knowing your territory and your product.

Agents shouldn't stray far from where they can do what you did, consitantly.

May 23, 2009 07:46 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Todd,

What a great position to be in.  Most time sellers want to overprice their homes.

May 23, 2009 11:07 AM
Debbie Walsh
Shahar Management - Middletown, NY
Hudson Valley NY Real Estate 845.283-3036

Congrats....feels good doesn't it?

   

May 23, 2009 03:41 PM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

I never had an argument with my home sellers when they would want less for their house than my suggested price. Usually it is opposite 'I said you so':)

Jul 27, 2014 04:58 AM