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LEAKYSEALS951 LEAKYSEALS951 is offline
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Join Date: May 2011
Posts: 6,385
I'm not saying that overpricing/dog listing is what Shaun's friend is doing, but it makes me wonder about how real estate agents should handle overpricing/unrealistic situations.

For example, if my dad's agent had of given him some truth about the house/expectations/market condition, my dad would have listened to none of it, and perhaps fired the agent out of his own stubborness. That leaves the agent in a bit of a bind.

One method would be to list the house, stand back, and let the feedback speak for itself (to talk sense into the seller).

When my grandparent's house sold in NOVA, it needed work. The agent gave strong advice upfront. Go lower, get the interest, create the sizzle. Sell. Go high, it will sit and stall. Better to go low and be done than wait for the high and have to come down anyway due to stagnation. The nominal gains in price would not warrant the extended sale time hassle.

Agents must deal with this all the time. Wonder what the best tactic is with an unreasonable seller ?(again- not saying this applies to Shaun's friend)

Last edited by LEAKYSEALS951; 09-27-2021 at 08:01 AM..
Old 09-27-2021, 07:56 AM
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