1,665,036
I run the numbers and make sure the home is priced right to begin with. We go from there.
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Richie Alan Naggar
Riverside, CA
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Chris and Dick Dovorany
Naples, FL
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John McCormack, CRS
Albuquerque, NM
699,277
I try my best to price correctly but sellers want negotiating room. I try and tell my buyers to give the seller their best offer but they always want to see if they can get a steal. Makes life difficult. Buyers and sellers think they're living in a bazaar trying to buy a Persian rug.
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Julia van Mook
Pittsburgh, PA
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John McCormack, CRS
Albuquerque, NM
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Richie Alan Naggar
Riverside, CA
175,614
Depends on the situation and property. If a property is priced "well" here in Tucson, AZ it will sell fast. Not uncommon to see the status change in less than a week. Many sellers have to see what their property can't sell for before they can accept what it can sell for.
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Richie Alan Naggar
Riverside, CA
3,988,013
The house is worth what it is worth regardless of what the seller thinks it should be listed for. Buyers like to offer low hoping to get movement from the seller.
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Richie Alan Naggar
Riverside, CA
67,369
212,755
Not to the extremes it used to be, the concept that a seller still wants the max and the buyer wants a deal come into play.
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Richie Alan Naggar
Riverside, CA
4,800,132
There just aren't any absolutes or generalities when it comes to real estate. Each transaction is unique.
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Richie Alan Naggar
Riverside, CA
4,319,873
Richie Alan Naggar author of books on Life-Love-Intimacy-Purpose - it boils down to the motivation!
For all non-motivated buyers or sellers, it's just a tug of war!
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Richie Alan Naggar
Riverside, CA
1,466,257
Richie Alan Naggar author of books on Life-Love-Intimacy-Purpose I believe if a property doesn't look good and isn't priced right, it will limit the number of buyers. I believe this negotiation tactic is worn out.
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Richie Alan Naggar
Riverside, CA
921,504
The best method of selling depends on the situation of the real estate and the time needs of the owner.
Most agents know of only one way to sell real estate, put in MLS, and the marketing plan is continuous pressure to 'reduce the price!'
If you remember those 'short sale' days, the skilled buyer DID go in high because they knew how the process worked.
The informed buyer will make an offer based on the value the property represents to them. If they value the property highly and observed a line of buyer waiting to enter the house, going low may not be the best strategy for them.
Does it still work? Of course. That is how most real estate professionals operate.
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Richie Alan Naggar
Riverside, CA
1,555,240
20% of us will say No! Then there's the usual 80% that still do think this is clever negotiating, (based on Pareto's Principle of the 80/20 Rule). For those of us in the 20%: where Realtors know their numbers, meaning: comps, DOM, trends and market values based on condition, location & amenities. I think the top 20% are more professional than that (certainly in how I run my business) and in my experience with other "20%ers".
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Richie Alan Naggar
Riverside, CA
1,513,143
No! Here it becomes what it is worth; if a seller is high it may become an appraisal issue.
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Richie Alan Naggar
Riverside, CA