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An unrealistic seller can be a difficult seller!

Types of Sellers
I want to buy a new home, what do i need to know?
Let's talk NEW CONSTRUCTION! I'm sure you've all seen homes being built up all around the area. But, did you know that is just one type of new construction home? There are actually 3 types of new construction to consider when you start entertaining the idea of building a home and each is very different from the other. Let's dive into the 3 types and what makes each different.
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Are you looking to purchase a new, or maybe even your first home? Perhaps this is your first time going out with a real estate agent to look at homes. Did you know that there are multiple types of home sellers? Let's chat about SHORT SALES because the name doesn't imply what many people believe off hand. Let's make sure you're prepared as you start to head out with our agents on your home buying journey.
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Are you looking to get a deal when you go to purchase your home? Are you considering purchasing a FORECLOSURE? Let's talk about what you need to know when going into this type of transaction...
What is a foreclosure - what you need to know
Are you looking to get a deal when you go to purchase your home? Are you considering purchasing a FORECLOSURE? Let's talk about what you need to know when going into this type of transaction...
A standard seller - what you need to know when making an offer
Did you know that there are 4 different types of sellers? It's important to know about each type to help you as you're in the process of purchasing a home. In this video we talk about the HAPPY HOME OWNER. Check it out!
Estate sales and new construction are the 4th types of sellers
The 4TH TYPE OF SELLER! There are a couple of sellers that fall into this category, mainly New Construction -- sellers that haven't actually lived in the home. If you're considering purchasing a new construction home, there are a few things you need to know before you just drop by an open house. Let's chat about it...
An un realistic seller can be a difficult seller or one to just skip on.
Today's real estate market brings along its own host of challenges, one of those being NOT REALISTIC SELLERS. If you've been looking at homes for sale on any of the big name sites then you've probably noticed that some homes are moving ?? fast, while other seem to sit ?? . The reason just might be an unrealistic seller

So we talked about the on-demand market. We talk about being a market of extremes. So, in that example, I said that there's five homes, three sold super fast, two have been sitting. Some of my bargain shoppers out there and some of my more aggressive and negotiating type people out there might be thinking, "Oh, well those two places, if they're overpriced "and they've been sitting for six months, "maybe, just maybe, they might be a little desperate "and maybe I can low-ball them "and I can get myself a great deal." Well, here's the thing, that's a great idea, and I'm happy to write that offer for you. However, lets think about this logically. If that seller is unrealistic on that price and they've been sitting for four to six months, and have not done that price drop, how realistic do you think they are to sell at a reasonable price? Chances are pretty slim. So, what I'll tell you is, we're happy to write that offer, but the expectation should be that, that seller is just like an ostrich, they're just sticking their head in the sand, and they're just not realistic. So, here's what's crazy. I've actually seen where they're out for lunch, the house has been sitting for four months and then they do that price drop. And all of a sudden, there's a bidding war. And I've been in it myself, actually, and so have my agents. And it's the funniest thing 'cause our buyer's like, "Hey we're gonna come in at this price and do this." And we call them, "Hey, Agent X, do you have any offers "on a place? We're gonna go home and write." And then like, "Actually, we're expecting two other offers." Well, the thing is, because that on demand market, when they did that price drop, they got into the right price area. Now they're in the game, so now everybody sees it, and they're excited and motivated and trying to do it. So, the funny thing is, once they get to the right area, they actually might be right back to a slightly unreasonable price if there's an actual bidding war. So just be aware of that. It's pretty wild out there. Again, that's just the joys of how connected our whole industry is now. Thanks for watching, I'll see you in the next video.

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