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Does Writing "Motivated Seller" Help You Sell Your Home?

By
Real Estate Agent with Helen Adams Realty 266836

If you are selling your home and have been reading my blogs for the past week or so you might notice a trend.  I recently had a couple of weeks where I have viewed 30+ homes to a few different buyers.  Most of the homes have been on the market for longer than they should have been.  There are numerous reasons as to why. 

  One of my personal favorites though is "motivated seller".  Who, in today's market that is trying to sell a home is not motivated?  Would any of us be selling our home if we did not have to or want to sell? So,  why do Real Estate agents  insist on writing motivated seller?

  Here is my take on this from two of my buyers perspective.  The asking price might be fair but they would probably take a significantly less money for the house....Becasue they are "motivated sellers".  You have just given my buyer a reason to come to you with a ridiculously low offer.  When you counter at a reaonable offer(one my buyer might have taken) my buyer is going to come back and say "they are motivated;  they will come to our number"  or we will move on to another house.  They now have locked in their head that you have to sell and they want to get the porperty at a low, below market value price.  if not,  they probably will move on to another property.... 

So,  I ask why does your Realtor write "motivated seller"? 

Comments(2)

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Alice Broadway
IXL Real Estate - Mobile, AL
Real Estate Broker

great post david I always wondered about that.You have shinned some light on this phrase I will now try to see how motivated the seller is.. lol

Sep 02, 2010 03:54 PM
Heather Cook
Beyond the Stage Homes - Kitchener, ON
Delivering beautifully staged spaces

Not sure. Falls along the same lines as why would realtors advertise their listings as 'handyman special' or 'fixer-upper'. As a buyer those properties tell me that the sellers are willing to entertain any type of offer. As a stager I just cringe and think about all that lost equity for the sellers.

Sep 06, 2010 03:05 PM