Image source: https://s-media-cache-ak0.pinimg.com/736x/03/1e/e3/031ee325fc5c1fcad73c339fa6de7998.jpg
If you're a seller out there you need to come to grips with the market. Set your price and be firm on it, however additionally be flexible to understand where the market is telling you where your property is sitting. As an agent selling the property on your behalf we invest a great deallots of time and cash into the marketing of your home. At the end of the day we should be both motivated to sell your home and take a look at and achieve the suitable and fairest market price for your home.
The problem I am facing with this seller talked about above is the emotional attachment to the property and after watching out at the facts I believe that when it gets shut to selling it hits home that they cant leave. Or the assertion that its almost over makes them feel insecure about the sale.
Both contracts were presented in accordance to the multi offer format. But when the agreements were presented the goal post converted even further. Now wanting that figure in the hand after each of the fees. The reasoning for this was the settlement date was 3 months down the track and someone in that time would maybe offer more. The residence has been available for purchase 2 months after an intensive Auction Campaign where the only purchaser interested thought it was worth $280,000.
It is very difficult to separate the emotional attachment you have for your home from the financial investment. You have spent a great deallots of your lifestyles in that building and there are many memories. However, when you make the decision to sell, do your best to balance your emotions with this extremely critical financial decision. This piece of property is one of, if not your largest, financial asset. Treat it as such. Help your agent market your property. Remember, this residence is a product you must sell, much like a commodity on a financial market.
If youre that emotionally attached to your property maybe you shouldn't be selling it. With the market the way it is presently you have to be real with price and think of it as not your home that you have lived in and grown in however as a financial investment that's your gateway to bigger and better things down the track.
It is very difficult for your agent to do their job if your emotionally attached to your property. I have delt with a grownup ago who continually converted the goal posts for her property. This grownup wanted $300,000 for the property then after i bought a contract for the price went up to $320,000. The reasoning behind it was that if someone wants it at this price someone might want it for more. I then went out worked hard got a multi offer on the property. Coincidentally both contracts were both at the same price and at the price that the vendor asked for after the first contract.
Whatever it is when you placed your home available for purchase you need to separate your emotional attachment to your property away from the monetary investment. This way you will see a piece more clearly what the market is doing and where the offer is in relation to this and also you will be better able to take into account the counsel your agent gives you.
