Admin

REALITY CHECK! What are sellers thinking?

By
Real Estate Agent with Huntley Realty 471019933

I have to preface this by saying that I do not buy the slow market garbage that the mainstream media shovels out everyday!  We are the market people!  My business is going and growing GREAT!  If a home is priced right and marketed well, it will sell!

That having been said, let me speak to an odd mentality that seems to be invading sellers in a certain situation, at least here in my local market.  This phenomenon is based in sellers who have built a new home, but have been unable to sell their current home.  I can not tell you how many times I have seen this in just the last few weeks.  They actually list their new house and keep their current home on the market!  This post was based on another I had made today in response to an agent who is having some difficulty selling her own home.  It occured to me that people have become so resigned to the media hype about a slow market, they aren't thinking clearly!  In the other post, someone suggested that the agent replace her homes windows with "soundproof" ones because her home is on a busy street.  WHAT?  Why would you put money into a house you are trying to get out of...assuming it is in reasonable condition to begin with.  Cut the price and move on with your life!

So, my office has this handful of clients who now have two houses.  Time for a REALITY CHECK people!  Move into the new house!  Drop the price on your old house!  Get a good office and agent who know how to market homes in your area and move on with your life!  You may sell your house for LESS than you paid for it!  You WILL sell it for LESS than you THINK it is worth!  You have lost nothing accept time!  Get on with it already! Don't throw good money after bad!  It's CRAZY! 

Make it a GREAT week!

Matt

www.mattcrow.com

630-728-6051

Comments(4)

Show All Comments Sort:
Konnie Mac McCarthy
MacNificent Properties, LLC - Cobb Island, MD
Broker/Owner - VA & MD "Time To Get A Move On!"
Hi Matt...I hear ya....which my sellers would listen...to that I keep telling them the same thing..
Oct 18, 2007 10:03 AM
Matt Crow
Huntley Realty - Huntley, IL
630-728-6051

Tell them I agree with you!  Maybe an outside influence?

You never know!

Make it a GREAT week!

Be of service! The rewards will come!

Matt

http://www.mattcrow.com/

630-728-6051

mattcrow.com, apply directly to the keyboard! 

mattcrow.com, apply directly to the keyboard!

mattcrow.com, apply directly to the keyboard! 

Oct 18, 2007 10:07 AM
Gary Bland
Century 21 All Islands - Lahaina, HI
This the talk all across the nation and I am wondering why people have made bad decisions in the first place.
Oct 18, 2007 10:34 AM
Matt Crow
Huntley Realty - Huntley, IL
630-728-6051

Gary,

I guess I don't know what you mean by bad decisions?  I think it has more to do with bad advice and counsel from their agents.

Make it a GREAT week!

Be of service! The rewards will come!

Matt

http://www.mattcrow.com/

630-728-6051

mattcrow.com, apply directly to the keyboard! 

mattcrow.com, apply directly to the keyboard!

mattcrow.com, apply directly to the keyboard! 

Oct 18, 2007 03:05 PM