If you are selling your home and have been reading my blogs for the past week or so you might notice a trend. I recently had a couple of weeks where I have viewed 30+ homes to a few different buyers. Most of the homes have been on the market for longer than they should have been. There are numerous reasons as to why.
One of my personal favorites though is "motivated seller". Who, in today's market that is trying to sell a home is not motivated? Would any of us be selling our home if we did not have to or want to sell? So, why do Real Estate agents insist on writing motivated seller?
Here is my take on this from two of my buyers perspective. The asking price might be fair but they would probably take a significantly less money for the house....Becasue they are "motivated sellers". You have just given my buyer a reason to come to you with a ridiculously low offer. When you counter at a reaonable offer(one my buyer might have taken) my buyer is going to come back and say "they are motivated; they will come to our number" or we will move on to another house. They now have locked in their head that you have to sell and they want to get the porperty at a low, below market value price. if not, they probably will move on to another property....
So, I ask why does your Realtor write "motivated seller"?
Dave dicecco
Realtor/Broker
www.davedicecco.com
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