Friday, September 20, 2019

Should Agents Coerce buyers to buy a Home


Question:  My home is currently for sale.  We are getting a lot of showings, but don’t think my real estate agent is doing enough to get these buyers to write an offer on my home. What is your opinion?

Answer:  Not quite sure what the problem is here. Your Realtor is marketing your home properly because you are getting a lot of showings. In order to sell your home, you need buyers to see it. You said: “Doing enough to get the buyers to make an offer on my home?”  A good real estate agent should answer all the buyer’s questions, point out the negatives and positives, but allow the buyer to make the final decision on a particular home. There should be no coercion by the agent.                                                                                                                                                               
The only problem I see is if you are getting a lot of showings with no offers, then your home price is probably too high. For example, if you go to the clothing store and are looking to buy a sweater and find that a similar sweater is less expensive and a better value at another store, you are going to that other store to buy it. Same goes with a home purchase. Buyers will purchase the home they feel offers the best value. The home with the best value will sell before the other homes. I would suggest stopping the blame game and sit down with your Realtor and look at how your home’s Value compares to other homes for sale.

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