OverPriced Listing & Seller Moved 2 Hours Away-He Only Needs One Buyer

Real Estate Agent with Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com 0480809

Mr Seller, How's that workin' for ya?

I showed a house a few months ago to some buyers. It wasn't right for them, but I thought maybe these other buyers might like it as it was still showing active on the market.  It's one of those listings where there was no lock box and you had to schedule the appointment directly with the seller.  I called the number in the MLS, and got the ding ding ding message, this number was no longer in service.  I called the other number I had and got an answer...

austin tx homes for sale selling your house"My listing expired!"
"Really, it's right here active in the MLS. When do you think it expired?"
"I don't think it expired, I know it expired."
"Can I still show it?"
"We moved yesterday. We're no longer in Austin."
"Sooooo, that would be a No? Or do you have a key somewhere?"
"I'll send my daughter over to leave a key for you."
"Great! Now, what are your plans with the house? To have it sit vacant?"
"I'm meeting an agent on Monday."
"Want to meet with me?"

I did meet with him last Monday.  The wife understood everything I had to say and complimented me several times about my knowledge and my ideas. She knows they're overpriced and wants to sell the house.  He thinks he's knowledgeable because, you've heard it before, HE USED TO BE A BROKER FOR 25 YEARS...

I told him he's falling into the stereotype that all real estate agents always overprice their own houses because they're too attached. He addmitted that he might be overpriced, but he wants what he wants. It had been on the market for 130 days at that time. I sat across from him and said, "Stan, How's that workin' for ya?"  He said, "It's not, but I only need one buyer."

I'm very blunt and honest with people when I go on listing appointments. I want a product I can sell. I don't want to just put a sign in the yard and cross my fingers.  He had already been on the market 130 days, he didn't want to adjust his price, and he only wanted to give me a 90 days listing agreement as we head into the slower fall months. If it didn't sell in the summer with a pool, why would it sell in the Fall at the same price with a pool?

Needless to say, he ended up listing with the other agent. This other agent? I Googled him... he has a profile online talking about 1999 and hoping that 2000 will be a good year.  You kidding me?  The guy doesn't even keep his online marketing up to date, how does he plan to market this house?

Sellers can live and learn if they take the wrong approach, but then they need to get real. If you're a Seller in the Austin TX area, and you're ready to get real with the sale of your house, call me today! I'll get you on the market tomorrow, and to the closing table!

**Are You Packed Yet?**

donna harris Realtor Austin TX blog

Donna Harris, REALTOR®
RE/MAX Austin Skyline


Austin TX Real Estate and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, CedarPark, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way. 

For real time Austin TX listings,click here.

** Multi-Million Dollar Producer Year after Year **
** Platinum Top 50 Finalist 2011 out of almost 9000 agents in Austin TX**
** Five-Star Professional 2011 & 2012 **
** RE/MAX 100% Club **

Copyright© 2012 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
* OverPriced Listing & Seller Moved 2 Hours Away-He Only Needs One Buyer  
* was first published on donnahomesblog.com.


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Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Stan is the MAN with his OWN plan.

Not worth your time.

Aug 17, 2012 02:18 AM #1
Lisa Hayashi
Award Referral Network Inc. - Rancho Bernardo, CA
Retired Realtor

Hi Donna, Great blog, and that's happened to many of us; it's important not to take it personally. It's highly possible the owner had a relationship with the other agent, or that he was just more comfortable going with a man, like himself. Old school thinking dies hard. Understand that your time is more valuable than chasing after a seller that's not serious about selling.

Aug 17, 2012 02:26 AM #2
Scott Hayes
(512) 786-8300 - Austin, TX
Realty Austin, Broker Associate

Well Donna, there is a good chance Stan will come back to you, if his ego can allow him to do so; several months down the road. If not, instead of 130 days, he'll be looking at 430 days

Aug 17, 2012 03:09 AM #3
Tim Bradley
Contour Investment Properties - Jackson Hole, WY
Commercial Real Estate Expert in Jackson Hole, WY

Hey, I'm not gonna GIVE it away! Kudos to you for pressing him, and who knows? They say its best to be the third listing agent...

Aug 17, 2012 04:08 AM #4
Donna Harris
Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator

Pete, Probably not...

Lisa, I didn't take it personally. What I did take a little personally is that I saw it list after we met, but then he didn't call for 4 days to let me know he picked someone else... like I wasn't watching the MLS! I found it rude he didn't acknowledge me when he made his decision.

Scott, True!!

Tim, Did I mention one of the baths still has the original blue tub, blue toilet, blue sink, blue counters, and yes, blue vinyl flooring...

Aug 17, 2012 06:21 AM #5
Jim Patton
Century 21 M&M - 209-404-0816 - Turlock, CA
Realtor - Stanislaus & Merced county Realtor.

He knows he's over priced but "he wants what he wants"?    And I want Salma Hayek's cell phone number but that's not working out either.   Maybe when it doesn't sell with this new agent he will call you back, at his wifes request no doubt.

Aug 17, 2012 06:44 AM #6
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC


Maybe the owners of the house are attached to it and really don't to sell or they make bad choices.

Good luck and success.

Lou Ludwig

Aug 17, 2012 09:14 AM #7
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

Just give it another 90 days and he will be calling YOU, lol! You know what they say...you can lead the horse to the water, but you can't make him drink. (FYI, I used a fellow Realtor to help me buy my own home as I knew I couldn't separate the emotion from it!)

Aug 17, 2012 09:21 AM #8
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Donna I have a seller that has been listed with the same agent for 2 years .Everyone else around him has been selling .I went out on the listing a 9 months ago . He just caled me back .We will see !

Aug 17, 2012 09:52 AM #9
Sara Woolford & Steve Golson, ALHS
iTexas Realty Co. - San Antonio, TX

Hi Donna-

We have all met with this Seller.  Look on the bright side, you should be hearing from him in time for a spring listing!  By that time, his wife may have him pounded into shape. 

--Sara in San Antonio

Aug 17, 2012 02:33 PM #10
Elyse Berman, PA
Best Connections Realty, Inc. - Boca Raton, FL
Boca Raton FL - (561) 716-7824 - CRS, ABR, GRI
Donna, Some people just won't listen He'll probably be calling you again in 90 days when his new listing agreement expires.
Aug 17, 2012 08:38 PM #11
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Donna --- a profile hoping the year 2000 will be a great one - I love it!  As others have said, keep your eye on this one, you may have your chance to list it, market it well and actually sell it.   

Aug 20, 2012 02:59 AM #12
Debbie Cook
Long & Foster Real Estate, Inc - Silver Spring, MD
Silver Spring and Takoma Park Maryland Real Estate

LOL - You are so right about the ex Brokers overpricing their own homes.  I read that in the book FREAKONOMICS - They say that Realtors overprice their homes and are willing to wait longer than a "normal" person to sell it.

Aug 20, 2012 01:51 PM #13
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Donna Harris

Realtor,Mediator,Ombudsman,Property Tax Arbitrator
Are you Packed for Austin? I can help!!
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