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The View From Both Sides – Seller or Buyer

Reblogger Christine Smith
Real Estate Agent with Buyers Brokers Only LLC - www.BuyersBrokersOnly.com MA Broker Lic 148149

 

In this blog below, Karen Crowson of Livermore, CA reminds both buyers and sellers that sometimes it is important to look at the other point of view.  I am all about representing my buyers interests first and foremost but we do also need to take into account what might be going on in the other side of the transaction.

 

Original content by Karen Crowson BRE#01732313

Buy or SellThe Seller’s Point of View
You are leaving a house you’ve called home for a number of years. You’ve been asked to move out your personal belongings, so the place hardly seems cozy or familiar anymore. You’re exhausted from keeping the place spic and span – show-ready at a moments notice.

Keeping after the kids and all their stuff is a job in and of itself, and being displaced repeatedly on weekends for open houses and showings is becoming quite annoying.

You’ve taken good care of the house for such a long time, and it finally paid off. You have an offer, and you and the buyers have come to agreement.  But now it seems that the buyer ordered every inspection known to man, and was very aggressive in asking for one repair after another.  Figuring all of that out means more people traipsing through your house, poking, prodding and who knows what?  It’s very disruptive – you have so much to do to get ready for this big move!

They want to measure, photograph, match colors, re-visit – these extra visits are making you crazy!  This house is so nice – close to perfect even!  Why do they need to change everything?  Isn’t it good enough for them – especially since they got it for such a screaming deal?

Enough already – can’t this all just wait until they own the place?

The Buyer’s Point of View
We’ve looked at a lot of homes. We’ve seen some in fabulous condition, but they’re too far from everything.  This one has a great location and even though it’s had some nice updates to the kitchen and baths, there’s still a ton we have to do. The carpet’s worn. The paint colors are dark, and splotchy.  The yard is very overgrown, so we’ll need to deal with that.  And the heater and AC are old. We’ll no doubt have to replace those very quickly.

We were able to negotiate the price a bit, but we still have a lot of money to spend getting the place up to date. After all, the home we moved from had everything brand new.  This feels like a bit of a step back, but this is where our job has taken us.

We could see quite a few ‘sins’ cosmetically and we were ok with those. But boy, we didn’t expect some of the things that came up as a result of the inspections.  We still want the house and with the seller willing to make some concessions, we’ll put in a little more cash to make those other repairs as well.

But we’re getting a bit stressed out. There is some reluctance on the part of the seller to provide access to the house. We understand that they are packing to move, but the boxes and chaos doesn’t bother us.  We have a big job ahead of us, and getting estimates and measurements helps us figure out what we can actually do right now, before move-in date.

With two little ones, it’s really hard to have any type of construction work after we move in. And we’re concerned about the dust and paint fumes a baby might breath in. Don’t they know how hard it is to move into a house, and then have to move everything back out so contractors can do their work?  We only have a short window to get everything done while we have time off from work.

Why do they seem so concerned that we’ll be making changes to the place?  After all, it will be our house soon.

You can see that both sides have legitimate concerns in this often stressful and emotional time.  While difficult, understanding the situation from the other party’s perspective, will often help ease the tension.  Usually, those sellers will soon be buyers, and one day, those buyers will be on the selling side. 

Isn’t it good to know that most escrows are over in 30-45 days?

 

Tri Valley real estate for buyers and sellers. Search for homes in Livermore, Pleasanton, and Dublin.

I can also help you in the surrounding areas of Alameda County and Contra Costa County

including Castro Valley, San Leandro, San Lorenzo, San Ramon, Danville, Brentwood and Mountain House

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Comments(7)

Charita Cadenhead
eXp Realty - Birmingham, AL
Serving Jefferson and Shelby Counties (Alabama)

Christine I think that it is important ALL OF THE TIME to consider other's point of view.  Isn't a part of good negotiation skills being able to anticipate the actions of others?

May 16, 2011 02:06 AM
Nina Rogoff
Boston, MA
Wix Websites for Real Estate Agents

Thanks for re-blogging this, Christine! Everyone gets so stressed and tense that they completely forget what's happening to anyone else involved in the transaction. Karen's post is a great read for buyers and sellers (and for us agents to share with them!).

May 16, 2011 02:17 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Karen really nailed it with this one!

May 16, 2011 02:24 AM
Christine Smith
Buyers Brokers Only LLC - www.BuyersBrokersOnly.com - Canton, MA
Exclusive Buyer Agent & Attorney, Canton, MA

Charita....it is important in real estate and in life in general!

Nina....it's good to take a deep breath & remember that there are things happening on the other side.

Liz & Bill...she really did!

May 16, 2011 02:28 AM
Karen Crowson
Coldwell Banker Residential Brokerage - Rancho Bernardo, CA
Your Agent for Change

Hi Christine,

    Thanks for much for re-blogging!

May 16, 2011 03:18 PM
Christine Smith
Buyers Brokers Only LLC - www.BuyersBrokersOnly.com - Canton, MA
Exclusive Buyer Agent & Attorney, Canton, MA

Karen..you are most welcome!  Great blog!

Valerie...I have wondered where you were!

May 17, 2011 02:34 PM