1,622,432
Well, the easiest way is to blame an agent for <something wrong>, but if the property has many showings and no offers, a listing agent is definitely not the reason for ''no offers' result.
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Sandy Padula & Norm Pa...
, CA
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Kevin J. May
Hobe Sound, FL
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Debbie Reynolds, C21 P...
Clarksville, TN
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Chris and Dick Dovorany
Naples, FL
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Nina Hollander, Broker
Charlotte, NC
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Susan Haughton
Alexandria, VA
400,356
Less angry, more frustrated.
It usually happens with properties that are beautiful and have an unchangeable negative, such as a busy or noisy street behind.
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Sandy Padula & Norm Pa...
, CA
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Kevin J. May
Hobe Sound, FL
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Debbie Reynolds, C21 P...
Clarksville, TN
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Chris and Dick Dovorany
Naples, FL
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Nina Hollander, Broker
Charlotte, NC
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Troy Erickson AZ Realt...
Chandler, AZ
4,882,355
Of course, but I tell them the market is trying to tell you something. It's over priced.
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Sandy Padula & Norm Pa...
, CA
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Kevin J. May
Hobe Sound, FL
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Debbie Reynolds, C21 P...
Clarksville, TN
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Chris and Dick Dovorany
Naples, FL
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Nina Hollander, Broker
Charlotte, NC
921,504
They are not angry at me, they are angry at the outcome that was predicted quite some time ago. I just happen to be the only face they see.
"This outcome is disappointing. We've given this approach a good effort. Perhaps we should consider another strategy. Here are some suggestions you should consider. You need to trust me that these options really work...."
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Kevin J. May
Hobe Sound, FL
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
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Chris and Dick Dovorany
Naples, FL
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Nina Hollander, Broker
Charlotte, NC
3,340,443
No...on our regular communication we remind them that the marketing is doing its job to bring traffic and review the comments to see why showings are not offers.
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Kevin J. May
Hobe Sound, FL
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
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Chris and Dick Dovorany
Naples, FL
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Nina Hollander, Broker
Charlotte, NC
1,027,602
Not angry in the traditional sense of the word, but frustrated, yes.
I try to prepare them in advance by saying our job is to help them prepare their home as best as we can, stage and photograph it so it shows at its best and market the heck out of it...after that, it is out of our hands, including price to a certain point. If there are lots of showings, the marketing is working, so we have done our job, but if there are no offers, I remind them of all of this and suggest we take a closer look at what we can control.
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Kevin J. May
Hobe Sound, FL
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
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Chris and Dick Dovorany
Naples, FL
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Nina Hollander, Broker
Charlotte, NC
1,771,867
Yes and I usually point out that it is many first showings but not too many seconds showings.
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
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Chris and Dick Dovorany
Naples, FL
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Nina Hollander, Broker
Charlotte, NC
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Susan Haughton
Alexandria, VA
5,104,931
I recently sold a home that had had 76 showings and no offers until the 76th showing--but I'd told the sellers what their issues were at their asking price, so they knew better than to be upset with me. I see sellers normally more upset at a lack of showings.
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Kevin J. May
Hobe Sound, FL
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
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Chris and Dick Dovorany
Naples, FL
216,475
I have, However, I use that as the time to analyze what the issue may be with the seller. I ask the seller which one might be the obsticle, Price, condition or location.
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
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Chris and Dick Dovorany
Naples, FL
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Nina Hollander, Broker
Charlotte, NC
911,338
Yes, but it doesn't bother me. One man called our office and said he wanted me to come get my sign out of his yard. We got a full price offer 2 days after he called.
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
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Chris and Dick Dovorany
Naples, FL
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Nina Hollander, Broker
Charlotte, NC
2,759,812
Sorry Debbie. No dog in the hunt here. I have had folks get angry when I write about structural issue that will cost thousands.
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
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Nina Hollander, Broker
Charlotte, NC
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Susan Haughton
Alexandria, VA
2,538,633
Good morning Debbie. Sometimes difficult to understand the pressures that a seller has and some folks don't feel right unless they are angry.
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Kevin J. May
Hobe Sound, FL
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
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Chris and Dick Dovorany
Naples, FL
634,482
No, but I am proactive with my clients. When there are showings and no offers I have feedback from the buyers agents about why we didn't get an offer. That helps my Seller realize they really do need to change that bold paint color they love so much, or soften up on that price everyone told them they "should" get for their lovely home.
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
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Chris and Dick Dovorany
Naples, FL
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Nina Hollander, Broker
Charlotte, NC
1,239,901
The ones are overpriced they are disturbed that there are no takers. These days I refer those to other agents to take their listing.
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
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Chris and Dick Dovorany
Naples, FL
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Sam Shueh
San Jose, CA
979,496
Debbie - I would say that I have sellers that get frustrated because they are getting a lot of showings and expect at least one offer. Like Jill said, it is typically due to something the home owner cannot change, like the home has commercial property behind it, or is on a busy/noisy street.
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
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Nina Hollander, Broker
Charlotte, NC
1,683,912
That always seems to happen occasionally. How about very little showings and no offers? We've had that too.
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
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Nina Hollander, Broker
Charlotte, NC
2,443,250
No, usually I give feedback as reported so they know what is going on with their home.
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
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Nina Hollander, Broker
Charlotte, NC
699,277
Absolutely. Their lovely friends or neighbors will say to them "I can't believe it's not sold, it's sooooooooo gorgeous". Ya right, lol. Lower the price and remove all the tchotchkes. (correct spelling, just looked it up, learn something new every day.)
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Sandy Padula & Norm Pa...
, CA
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Debbie Reynolds, C21 P...
Clarksville, TN
227,737
Had an owner throw a drink glass at me once. Luck he was a bad shot. Still sold that condo.
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Frank Rubi
Metairie, LA
324,953
No offers and lowball offers fall in the same category. Either one indicates an overpriced property.
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Frank Rubi
Metairie, LA
3,988,007
Yes the angry word may be too strong and frustrated may be more like it. Chris and Dick Dovorany I like the new word now will have to learn to say it.
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Sandy Padula & Norm Pa...
, CA
3,071,489
1,084,061
36,545
Debbie - sure have, and I review the the feedback from showing agents with the Sellers. If that feedback reveals no clear indication as to why offers are not being made, I will usually say something like, "it appears that the market is rejecting our value proposition - how would you feel about revisiting listing price?"
969,888
4,947
Yes, as it seems to the seller that the agent is not turning the showings into an offer. What I find is the property is being shown by agents to contrast the house to one that is lower in price or is in better condition at the same price.
Very difficult to explain to the seller.
4,800,082
443,220
Yes, I have one like that right now. I convey that it's my job to get people through the door. If showings are happening, I've done my job. If the property is not selling despite the showings, we usually have to reduce price or impove condition of the home.
128,796
If you're working with a seller who is adamant about the list price or is adamant about not fixing certain things in the house, the lack of offers should register in their stubborn minds that they need to follow their listing agent's advice, lest their home continue to linger on the market. They need to know their agent has their best interests in mind.
977,386
I had a seller that wasn't angry with me about it, but more frustrated. Seller ended up withdrawing the property from the market.
1,153,794
When this point is reached the "happy median"has been surpassed. When it's time to lower the price the smiles will fade.
1,725,996