I received the following email today:
"3.25% Commission. Our home needs your buyer. Bring them and make 3.25% Commission
We're seeking active home buyers. Close the deal and earn 3.25% Commission.
Custom built home in XXX Subdivision. 4 bedrooms & 4 baths. 3464 sq ft. See attached for additional details and pictures of our home.
I must stress that we aren't looking for a listing agent. Please do not call us to solicit your listing services.
Don't miss your chance to earn more commission during this market lull. Call or email today to schedule a showing."
Here's some background.
There are 65 homes on the market today (5-8-07)
There are 9 homes under contract.
There are 7 price reductions.
The listing price range: $499,900 to $1,700,000
The average listing price is $734,000. Market time: 170 days
There have been 14 homes sold and closed since 1/1/2007. Their average price: $599,000.
As an agent what would tell this seller?
As a seller what would you do?