In the Reno-Sparks market, right now, we are selling through only about 12% of available listings. Which means, if you’re a seller, any offer you get is likely to be low. Here’s an excellent primer on how to deal with this situation. read
Diane CohnA creative strategist, Diane uses every angle she can to get the best deal possible for her clients. “I know the market. Trends, numbers, what’s happening on the street. I use it all to my client’s advantage,” she says. Diane earned her BA from the University of California and is an accredited ABR, SRES.
Guy JohnsonA successful prior business owner, Guy brings to the table twenty-plus years of exceeding client expectations. “Listening closely to my clients is the most important step to meeting their needs,” he says. A former Chicagoan, Guy earned his MBA from the University of Illinois.
JoAnn CorrieraJoAnn Corriera is one of Reno’s top-producing real estate agents. She credits her take-charge, pioneering spirit and determination to deliver the positive solutions clients are looking for. JoAnn offers the market expertise and marketing skills that generate top results whether clients are buying or selling.
Mike McGonagleAn architect, business owner, and compulsive public records hacker, Mike reads the tea leaves of the local real estate market from a unique perspective. Yet another Chicagoan, Mike earned his MArch from Harvard University.
2 comments
Good article. Sellers are scoffing at the low ball offers, too bad.
After their homes continue to stagnate on the market, they may
have regrets of not negotiating. Buyers are not the enemy.
I think Anthony is living in the Twilight Zone. First of all, 10% off is hardly a lowball offer. 25% maybe, not 10%. And what’s this nonsense about “complementing” the potential buyer, in order to keep the negotiations alive. For crying out loud who cares!? The buyers sure don’t. The deal is going to be sealed based on a financial agreement, not a shallow exchange of pleasantries. Good grief!
In an environment such as this, with such fierce competition, back and forth negotiations (multiple counters) do nothing but turn off buyers. Until a deal is reached, they are still looking at other properties, and they may even be submitting other offers. Time is of the essence. Too many sellers are cutting their own throats by wasting time trying to wring every last penny out of their house. It isn’t working out so well for them. They’re finding their house is not so “special” after all. Every offer should be looked at seriously, for another one may never present itself.