There is a joke in real estate for the uninformed that a "SHORT" sale is anything but short with the timeframe to close. Short of course refers to a payoff that is SHORT of what is owed the lender, due to a distressed situation of some sort. But,
How Do You Explain A Quick Sale To The Seller?
I think the seller is happy. But selling it in one day or the first week? You the agent must seem like a magician, but then the SELLER starts to think those mediocre bucks you are earning are not well earned. Think on a multi-million dollar home the feeling. Sales follows a statistical curve of EASY homes to sell in short times to dog homes which expire the listing and YOU the agent are something from the evil empire and a complete boob and incompetent. Some explanations that may be a fit of why it is is QUICK:
- priced right, or under priced for market
- excellent move in ready condition
- lowest priced home in neighborhood of higher prices
- much desired location
- much desired school district
- much desired floor plan or amenities
- right buyer husband or wife timing came along and fell in love with the property
- you had a buyer in mind when you took the listing or your office mates
- DUMB LUCK (trust me it happens)
- your ongoing marketing efforts, people and agents are watching you
YES they want to take those mediocre bucks away from you thinking you are stealing from them in VERY QUICK deals but if they could see all the money you spend that goes to an expired and you are a bum on those long in the tooth ones. They agree to pay you in one day or 400, that is the wacky life of an agent.