Going Stale

hello hello hello hello peeps this is Rand and diam bro we are your friendly happy realtor couple that we work together as a team and we are happy to share uh everything there is about real estate as well as life here in presca she is the presca pickle lady we the pickle lady team that’s us that’s right that’s right today we’re going to talk about why homes go stale oh there’s so many reasons yeah and I know every one loves their home and everyone thinks their home is the best of the best you need to look at it in different eyes as (00:37) to what a buyer we’ll see okay and so a lot of homes go stale because um maybe uh some clients don’t want to listen to the expertise of the agents and we try to price it accordingly but there I think I can get more well ultimately it is your decision it is your home but if we price it too high and and you kind of go against what we advising you you risk a a lot of you know going stale pretty quick yes and so people will come in and look at the house and they’ll say I love it but gosh it’s so high yes and agents (01:13) or or they’ll say it needs to be repainted it needs to be this it needs to be that or maybe we’ll Circle back in a month and see if it’s still available yes and usually by that time they found another house and they moved on right uh yeah that they think about this think if you could be told the the price that your home is going to sell for Price your home there the best time to sell is as fast as possible because your home is new everyone’s excited about the new home on the Block it’s just people are buzzing about it people have been (01:48) waiting there’s a lot of excitement and there’s also the feeling that other people might take it yes you know it’s new it’s exciting to create a pressure like creates that pressure this house is amazing the longer you are on the market the harder it is to tell that story and to get people re excited yes especially I’m a big buyer agent as a buyer’s agent there’s a couple of houses I think are fine but after showing them to six or seven different clients and nobody nibbles I kind of have to move on because I can’t you tried it a few times (02:26) yeah and and that’s what Buyer Agents will do here’s the thing presc it you are absolutely dependent on Buyer Agents because most of the buyers in this town do not come from preset no they need a buyer agent to bring them in and show them around the vast majority are coming from out of town that’s right so if the Buyer Agents get it’s not like somebody somebody new shows up and it’s new to them right that’s not the way it works it’s got to be new to the buyer agent and after about a month buyer agents will get bored with your listing they (03:03) say I can’t waste my time because time I have another home that I know they will connect with yes so if I have a home and there’s several that I’ve shown a lot of real estate agents have add that I think are great and I’m like oh God but every time I show it I get nothing yeah and it’s h kind of a waste of you know 30 minutes of viewing so after a while I kind of have to move on and give up because I have to connect them to a home that they will uh be in interested in yeah and so it’s just kind of sad um so (03:34) always try to price accordingly don’t go too high don’t go too low even if you go low we’re not in bidding wars anymore um you could leave some money stand firm at a fair price yeah we recently uh we we had a a listing uh appointment with a lady in in our neighborhood and uh we P we we estimated the value of the home yep we thought the home was in the low eights like maybe 8:15 we were probably going to list it for maybe 820 825 something like that well she insisted that the home was worth 950 she knew better she knew better she (04:14) did not uh it took yeah that’s we we did another another recent windown was about value in home people think they know how to do it so she was insisting oh it’s 950 and there’s just no way it was worth 950 it wasn’t it was very small square footage it had nice views but it was also a little bit dated everything was yellow the appliances were dated it wasn’t going to Comm in 9 no you know M I don’t even think if it were all done with bells and whistles yeah it was in the eights type home and it wasn’t wasn’t very big either so we told her (04:49) that we said look if that’s where you want to price it we are we will do that for you but you need to be willing to reduce the price quickly before it goes stale you know we can check and see if we can get that for you but if we don’t get any bites you’re going to want to reduce that pretty well she didn’t want to hear that because she knew better she went with a different agent the house sat on the market how long did it take for that house to sell seven or eight months seven or eight months if I think more than that and it’s sold for like (05:19) 790 790 yeah so uh a lot of price reductions price reduction price reduction then you just can’t get the interest of the Buyer Agents anymore and at that point get people like investors yes you know Bottom Feeders they really want to low ball you and they know that you’ve been sitting there a long time and they just low ball you and and that is how that is the definition of a homegoing sale that’s how it happens so always just try to keep an open mind and respect the professional’s opinion we know yeah we do this hundreds of homes a (05:52) year yeah we know you know just because you looked on Zillow doesn’t mean you have the price that’s not yeah that’s not science ien ific at all believe me yeah so uh we don’t want to see your home go stale right so try to listen to Our advice if we tell you to landscape if we tell you to paint if we tell you I think you’re going in a little high try to pause take a breath um make this a business decision not an emotional decision and then you know we can wrap it up for you faster it’s not just about what your home is worth it’s what it’s (06:29) compe in with yes in the market you have to compare it to other homes and what they’re offering and what those prices are right if you you could take any home in preset and move it to someplace else and get more money for it but you got to sell it here it cost a lot of money to move a house yeah so anyway that’s just some tips from us to help you and uh decide when you’re getting ready to list how to uh price it accordingly so we can wrap it up for you so you can move on to your next chapter and not have to worry (07:02) about all this so uh try to listen to what we have to offer and um take it with a grain of salt and just say hey you know what I’m going to sleep on this you’re right let’s do it and then we can get that house sold for you that’s right for the best possible price get the most money we possibly can in your pocket ABS absolutely all right my friends thanks for listening and we hope you’re having a great afternoon bye