Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)

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Rainmaker
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Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Primarily because people hear what they want to hear.  They think they are getting the best price and they don't realize that it's the market that sets the price, not the real estate agent.

Nov 22, 2014 08:13 AM
Rainmaker
2,224,267
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

You know I don't get this. People will hear what they want, to, but I will present the truth. I've lost listings because of this, but the sales price and DOM always shows the truth...and often times that listing sits for so long in my rural area, that it sells for less than what I said. So it ends up costing the seller in the end. 

Nov 23, 2014 01:32 PM
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Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Gabe Sanders  That is a good question . My answer is the same .  When every other agent is showing them in black and white what the properties are selling for.  Then an agent tells them they can get more GREED kicks in . They list with the guy that tell them the highest price even though every other agent told them less . The one agent that was a fool that is greed.

Nov 25, 2014 05:57 AM
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Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

I agree with Debbie.

Nov 22, 2014 10:44 AM
Rainmaker
7,126,070
Roy Kelley
Retired - Gaithersburg, MD

I like the answer by Hannah Williams. All home sellers tend to be greedy. Be thankful when you are working with the exceptions.

 

Nov 26, 2014 01:54 AM
Rainmaker
4,799,732
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hannah Williams , are they all greedy?  Or are they just wiling to believe what they want to hear and are hearing it from agents who either know better or should know better?

Nov 24, 2014 08:44 PM
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Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Come on Gabe you know the answer to that . They are greedy 

Nov 24, 2014 12:30 PM
Rainmaker
4,799,732
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, Kim Ljungquist, unfortunately the overpriced listing often ends up sitting on the market for ever and the eventual sale is less than if it had been priced right from the start. 

Dec 06, 2014 09:23 PM
Rainer
6,364
Kim Ljungquist
Coldwell Banker - Danbury, CT

Of course sellers want the most money out of their property wouldnt we all.

Dec 06, 2014 03:30 PM
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Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

They hear what they want to hear and sometimes, very rarely though, they get lucky, haha.

Nov 29, 2014 04:08 AM
Rainmaker
864,408
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

I am in agreement with all the answers above. It is mainly greed from the sellers and listing agent. They know that most of sellers want to walk away with the most possible gain. There is a LA in my area that presents himself as the top producer by monthly postcard marketing, lots of listings with over rated prices, however, what the public does not see is his listings don't sell until he reduces the price below the market value.

Nov 29, 2014 02:16 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Wishful thinking.

Jul 12, 2019 11:26 PM
Rainmaker
630,101
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

Human nature.

Sep 13, 2017 10:31 PM
Rainmaker
3,071,034
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Because that's what they want the price to be! 

Mar 26, 2017 06:05 AM