Admin

Spin the bottle.

By
Real Estate Agent with Keller Williams Big Bear

It seems sellers want to use every type of method to price their home except the market conditions. You might as well sit down and play spin the bottle.

The other players at the table are:

I owe this much. (Check out my new car and boat)

I want this much. ( I think you can sell a Yugo for $50,000 if you run an ad on the Superbowl)

I need this much. (Buyers care how much I need)

I don't really need to sell. ( I just want to waste your time and money)

My brother is an agent in another state and he said its worth .... (and he knows more about this market than you do)

The house across the street is priced at ......(it's been on the market for 2 years with no offers)

Pricing your home with any method other than market conditions and comparable sales will result in loosing the shirt off your back, your socks and possibly your shorts.

If you are looking to sell in Big Bear, pricing your property correctly is the single most important thing your agent can help you with.

Steve Hirschler

Associate, The Tim Wood Group

Coldwell Banker Mountain Gallery

42153 Big Bear Blvd.

P.O. BOX 6820

Big Bear Lake, CA 92315

steve@bigbeargallery.com

909 866-3481 EXT. 217 CELL 909 725-5889

Fax 909 866-3531

http://www.stevesellsbigbear.com

Show All Comments Sort:
Dennis Sanchez
Coldwell Banker Tenafly - Hackensack, NJ

pricing your property right in any market is very important.  No buyer is going to pay more than they have to, so overpricing is definitely a bad idea

May 11, 2008 11:52 AM
Dave Woodson
Dave Woodson - Chesterton, IN
Not the Average Agent

Pricing and staging are perhaps the two most important along with advertising

May 11, 2008 11:56 AM
Pam Joffe
Solaris Realty - Tampa, FL

Good evening Steve- I have gotten to the point if they won't price according to market conditions I turn down the listing, it is just a waste of time and money to try to sell it.

May 11, 2008 11:59 AM
Steve Hirschler
Keller Williams Big Bear - Big Bear Lake, CA
Big Bear Real Estate

Dennis - Thanks, you are correct!

Dave - I agree, but price fixes everything.

 

May 11, 2008 02:38 PM
Steve Hirschler
Keller Williams Big Bear - Big Bear Lake, CA
Big Bear Real Estate

Pam - I won't take them either. It's a business decision.

May 11, 2008 02:40 PM
Bo Buchanan
Kettley Realtors - Oswego, IL

Wow!  What an offbeat and wacky way to approach property pricing! I loved it!

May 11, 2008 04:54 PM
Shannon Lefevre
John R. Wood Properties - Naples, FL
Shannon Lefevre, PA Your Naples Smart Girl

I noticed your spin the bottle game is an Adult Drinking Game....much needed when working with seller's who want to list their properties too high.  :)

May 22, 2008 09:16 AM
Israel Barden
RE/MAX Big Bear Village - Big Bear Lake, CA

My wife won't let me play spin the bottle anymore:)

May 25, 2008 06:49 AM