There have been many posts recently discussing the topic of what to do when a seller wants to over price a potential listing. The first question is how much overpriced is this listing? If we are looking at marketing a home that is 20%+ overpriced, the answer to that seller would be to decline on taking that listing UNLESS the seller was willing to reduce the list price after a 30 day period to the recommended price range.
If the seller is serious about selling, but wants to "test the market," and we have all had those listings, why not take the listing? Write the exclusive right to sell agreement for nine months. It's like being pregnant!!! These events take time. The home will eventually sell and why not be the one who makes the commission? Not everything happens overnight. Not every listing is a slam dunk, but someone WILL earn a listing fee on that home. Tell me again, why it shouldn't be you????
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