Talk about real estate deals these days..............Get this...............I spoke to an owner of a lake view lot ( a potential seller/listing. ) They wanted a price to list their lot. I flat told them in this market it needed to be under $100,000 in order to get anyone to look at it. Can you guess where this is going???????
I listed it for 195,000. Some say it is a waste of everyone's time. Well, I love a challenge and I am willing to work hard to keep clients and to get referrals and repeat business in the future.
A couple of weeks go by and low and behold.......an offer comes in. An e x t r e m e l y LOW offer compared to the asking price. I can't get into actual figures since it is still in escrow...due to close very soon. My seller countered reluctantly (verbally). The Buyers were firm. About a week later after the offer had expired my Seller came back to me and countered a little lower (verbally). Buyers were firm. I think it happened one more time. Buyers finally came up slightly AND we opened escrow.
The moral of the story is......WORK YOUR DEALS. THEN WORK THEM SOME MORE. NEVER GIVE UP TOO SOON. LET YOUR CLIENTS KNOW THAT EVEN IF THEY GET A LOW OFFER THEY ARE THE LUCKY ONES IN THIS MARKET. WORK IT...WORK IT....AND WORK IT SOME MORE.