Dealing with Seller Remorse | Runaway Seller Saga
We all remember the movie "Runaway Bride" with Julia Roberts and Richard Gere. It is one of my favorite movies which I have watched numerous times. The bride (Julia Roberts) just can't seem to commit, at the last minute and runs away at the altar. She goes through all of the motions, preparations for the wedding, rehearsal dinners, flowers, church, and then panics at the last minute.
Well what about the "Runaway Seller" who says they want to sell, goes through all of the motions of getting the house ready for the market, preparing for showings, and then at the last minute when an Offer to Purchase finally appears, they run! They just can't seem to comnmit to selling, and at the last minute they panic and run away from the deal.
When the time comes to actually sign on the dotted line, they
freeze... and panic!
Runaway Seller Saga
- Wants to sell but at the last moment cannot commit to actually moving forward with the sale
- Comes up with a million reasons why he shouldn't take a great offer
- Seller gets cold feet, and starts having second thoughts about selling
- Seller thinks he's selling too low - maybe should wait for more $$
- Seller was probably not really motivated in the first place
- Seller thinks they want to sell, but don't really have good reasons to sell
- Seller wants to "test" the market
Dealing with Seller's Remorse
- Think through the entire process and have a plan for relocating which will give the Seller a comfort level so they can "move forward" when that offer finally comes in.
- Discussing the entire Home Selling process with your Real Estate Agent beforehand will reduce the emotional distress that comes with both Home Selling and Home Buying.
Remember that the Home Buying or Home Selling process can be an emotional roller coaster for all parties involved, and don't let your emotions drive your decisions.
We can help and guide you through the Home Selling and Home Buying process. Call Joyce Marsh to discuss your real estate needs, questions, or concerns about selling your home, or purchasing a new home in the Central Florida area.