We have had really decent activity with Buyer's writing offers the past two weeks. I think the message is out,that an opportunity exists at beautiful Incline Village at Lake Tahoe , for Buyer's to get into a premium market in which pricing is not on a strong uptick. So Buyer's are writing offers ,but the majority of these are not coming together...why is this?We see a gap in Buyer's expectations and Seller's expectations.Seller's want their price ,and the Buyer's want a deal.
Hi Kerry,
I'm finding that the homes that are sitting on the market are overpriced to begin with. It doesn't seem that the sellers have been counseled correctly. They don't seem to be prepared for the low ball offer and the possibility that their home may sell for less than what they are expecting. I try to prepare my sellers for the low ball offer and that this may be the best offer. It's a fine balancing act. Bottom line, this is a market for motivated sellers and not fishers. I feel your frustration!
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