Who is to BLAME when a Home Sells TO QUICK

I am not sure if it is even possible to sell a home "too quick". Lets set the scene on this Northville, Mi. area home. The sellers were exploring selling the home as a FSBO. The sellers are a large family of siblings. They also met with the "neighborhood" agent to see what they could offer in selling the home.

Lets use some numbers to show you what they wanted. The seller wanted to net $380,000. The "neighborhood" agent said it was worth $300,000. A local builder offered $260,000. With so much differing information, one of the siblings suggested they meet with me. I had sold him 2 homes and sold 2 of his homes in the past.

Coming in, I was not aware of any prices. Was not aware of what any other agent said the home was worth. I viewed the home. I asked questions. I also did my homework. I drove by the home a couple of days before my appointment. I researched what has sold. I researched what is for sale. I showed up with all my comps. As we sat I was able to adjust my value to the repairs needed.

I gave them a value AS IS of $400,000. I let them know we should ask up to $430,000 to build in seller concessions and or repairs in case a buyer asked. They then told me of the other values. My price fell in what they wanted to net. But could I sell it? I let them know not only could I sell it, but I could sell it quickly as they wanted. I anticipated offers within 2 weeks and having it under contract within 3 but no more than 4 weeks. It was a bold statement they said. I was sure as I know my values, I know the area and know my marketing works to reach potential buyers.

Fast forward within 2 weeks I had 3 offers come in. I sent the offers to the sellers and called to go over them. We chose the best offer and the best terms. In the end the home sold for EXACTLY what I said it would. All the family members were happy except one.

I sold the home too quick.

I did not call him first with the offer. I emailed it to all siblings at the same time. He should have been first.

His "neighborhood agent" did not sell it. "He had a buyer too." WELL....It was in MLS and many buyer agents brought their clients. That agent never showed it. You can not sell it if you do not show it.

The moral of the story is that you can not make everyone happy, but you can make most people happy. It would not have mattered if I got 10 million dollars for it. The rest of the family is beyond happy and full of thanks for the effort and quick sale.

You simply need to know that a Buyer or Seller should not choose just any agent, choose the BEST agent for the job. Having an agent that works for you is a must.

My philosophy is simple, provide more personal and professional service to guide my clients through each step of the buying or selling process. All Agents are not created equal and every buyer or seller should take the time to hire the BEST not just the biggest. Those that hire me, find a dedication like no other.

Holly Hurd ~ Berkshire Hathaway HomeServices HWWB, REALTORS....... your source for all your real estate. We are one of the Largest brokerage firms in Michigan, we have proven we can stand the test of time in this ever changing market place a proven leader for you and all your real estate needs. In today's competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale in the Wayne/Oakland co. area with my New Listings Notification. If you own real estate that you're thinking of selling, I would be happy to provide you with a FREE Home Evaluation. Whether you are buying or selling a home, hire someone like me, who wants to earn your business. I invite you to contact me as I'd be happy to assist you with this important transaction. In addition, if you have any general questions about buying or selling real estate in Michigan, please contact me as I'm more than willing to help.YOU CAN REACH ME DIRECT BY PHONE ANYTIME AT 734 718-5736 #YourHomeNorthvilleMichigan Real Estate Homes for sale in Northville Michigan Northville, Mi. 48167 #realtor #realestate #realestatemarket #hometown #hollyhurd #home
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