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Listing family property

By
Real Estate Agent with LAH Real Estate

I recently experienced a painful situation with a family member.  After listing their property, I gave an agents open house and received the feedback that I knew:  over priced and under conditioned.  Of course this seller had no money to do updates yet refused to get the price to reality.  "Three things sell a house. Price. Condition. Location.  We cannot change the location and youve told me there is no money for updates, so we must accomodate with price"   This house had four showings in 35 days.  This meet deaf ears.  Needless to say I gave the listing back after being told I did not know the market!  Mind you, I was just named sales associate of the year for Birmingham.  I guess it becomes even more frustrating when it's family.  Today Ive been "dialing for dollars" on my sphere list to make me feel better after being abused.

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Vickie McCartney
Maverick Realty - Owensboro, KY
Broker, Real Estate Agent Owensboro KY

Hi Jeffrey~  Don't let it get you down too much.  It happens to the best of us.  Just move on to the next client!

Nov 05, 2009 07:07 AM
Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

Hi Jeffrey, Ouch !  That will feel better ... when it stops hurting !   Has a somewhat similar listing and I was so happy when it finally closed !

Nov 05, 2009 07:08 AM
Sarah Rummage
Benchmark Realty LLC, Nashville TN 615.516.5233 - Nashville, TN
Love Being Realtor® in the Nashville TN Area!

Oh, dear. That hurts. Sometimes friends and family are the hardest to work for. "They just lost the services of a darned good Realtor."

Nov 05, 2009 07:08 AM
Michael A. Caruso
Surterre Properties - Laguna Niguel, CA

Jeffrey,

Sometimes the hardest people to work with are friends and family. They have, "all the answers and know the market best".  Obviously, you were named sales associate of the year for being good at what you do. Good luck to you!  

Michael,

(949) 753-7900

Nov 05, 2009 07:32 AM