| Home | Free Articles for Your Site | Submit an Article | Advertise | Link to Us | Search | Contact Us |
This site is an archive of old articles

    SEARCH ARTICLES
    Custom Search


vertical line

Article Surfing Archive



Avoid Sellers That Are Not Committed To Selling - Articles Surfing

Talk to a person selling their home and they will tell you how much they hate wasting time on lookie-loos. Alas, there are plenty of sellers who are just as bad.

You have the perfect home pictured in your mind. You have gone through the pre-approval process for a mortgage and been approved. You have looked and looked at properties for over a month. At last, you find that perfect home in your price range. Time to buy, right? Yes, unless you run into the uncommitted seller.

Most people sell their house for a reason. The reason can range from retirement to divorce to the need to move to take a new job to just about anything. The pivotal point of all these situations is that the person or persons selling the property are motivated to move it. They have listed it on the market because they have a specific goal to get rid of it and to get rid of it at a specific price. And then there are testers.

In the lexicon of buyers, nothing is worse than finding a property you want to buy only to find out the seller is not committed to moving it. This lack of commitment is either intentional or do to severe stubbornness. Let's go back to our example.

You have found the perfect home and contact the seller to see it. The viewing goes well and the home is just what you want. You run the initial numbers on the home and find the house is priced $50,000 above the comparables in the market. You inform the seller of this and they stubbornly refuse to lower the price. They may argue their home is unique or the may just say that is the only price they will accept. You are tempted, but know you should never buy the most expensive home on the block. How will you possible sell it for a profit in the future? You will not.

Despite endless haggling, the buyer refuses to lower the price. The only thing you can do is walk away from the property. The seller obviously is not motivated to sell and may not even want to. Instead, they may have just listed the property at the high price to see if some fool will overpay. Under know circumstances should you be that fool!

It takes discipline, but walk away from the property. There is always another fish in the ocean as they like to say.

Submitted by:

Raynor James

Raynor James is with http://www.fsboamerica.org - sell your own home as a FSBO.



        RELATED SITES






https://articlesurfing.org/real_estate/avoid_sellers_that_are_not_committed_to_selling.html

Copyright © 1995 - Photius Coutsoukis (All Rights Reserved).










ARTICLE CATEGORIES

Aging
Arts and Crafts
Auto and Trucks
Automotive
Business
Business and Finance
Cancer Survival
Career
Classifieds
Computers and Internet
Computers and Technology
Cooking
Culture
Education
Education #2
Entertainment
Etiquette
Family
Finances
Food and Drink
Food and Drink B
Gadgets and Gizmos
Gardening
Health
Hobbies
Home Improvement
Home Management
Humor
Internet
Jobs
Kids and Teens
Learning Languages
Leadership
Legal
Legal B
Marketing
Marketing B
Medical Business
Medicines and Remedies
Music and Movies
Online Business
Opinions
Parenting
Parenting B
Pets
Pets and Animals
Poetry
Politics
Politics and Government
Real Estate
Recreation
Recreation and Sports
Science
Self Help
Self Improvement
Short Stories
Site Promotion
Society
Sports
Travel and Leisure
Travel Part B
Web Development
Wellness, Fitness and Diet
World Affairs
Writing
Writing B