Cooler, or Heater?

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Real Estate Agent with Realty Executives - Phoenix AZ

Remember the movie The Cooler? In that film, a down-on-his-luck type is hired by a casino to "cool off" a hot gambler, simply by standing near the guy at the tables... In a reverse-cooler sense, I have had the odd fortune this week of writing not one, but two offers on homes (different homes, different buyers) that had been on the market for a long time. In both cases, another offer came in between the time we looked at the home and the time we submitted the offer. Not  competing offers per se, just the odd timing that comes with a buyer looking favorably at a home... then a day or so later submitting an offer, only to find that another offer had been submitted (and accepted) by the sellers just a day earlier... If this happens a third time in the next few days, I'm buying a lottery ticket!

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Rainmaker
758,053
Bob Force (REALTORĀ®)
Century 21 - Redwood Realty - Mount Airy, MD
The FORCE in Maryland Real Estate

Patrick:

That is the story of a changing market.  Wait long enough and they are gone.

Sep 26, 2009 09:01 AM #1
Rainmaker
498,747
Richard Dolbeare, R(B)
eXp Realty - Wailuku, HI
R(B), ABR, CRS...Hawaii Multi-Island Specialist

Patrick, it must be the "either" in the air or something.  My last sale had been on the market for 2 years with no offers and then suddenly I had a primary and a backup.

Sep 26, 2009 09:18 AM #2
Rainer
42,917
Brian Griffis
Realty Choice - Springfield, MO

I have found this phenomenon as well.  Every time I look at a house that has been on the market a while, it send out cosmic signals for all other agents to look at it as well. 

Sep 29, 2009 02:45 AM #3
Ambassador
2,306,103
1~Judi Barrett
Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Not only that, but it seems that everyone will be "on" the same property for a few days and then it will be a different one that everyone wants to know about.

 

Nov 09, 2009 12:03 AM #4
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Rainer
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Patrick Harfst

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