Comments on: Check Your Emotions at the Door when entering the Atlanta Real Estate Market http://maxsell.net/check-your-emotions-at-the-door-when-entering-the-atlanta-real-estate-market/ Buy, sell or lease real estate in North Metro Atlanta, GA. Homes, office space, industrial warehouse, land and investment properties. Mon, 23 Jan 2012 15:18:28 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Atlanta Real Estate: Dare To Be Ruthless http://maxsell.net/check-your-emotions-at-the-door-when-entering-the-atlanta-real-estate-market/comment-page-1/#comment-15662 Atlanta Real Estate: Dare To Be Ruthless Tue, 21 Sep 2010 11:30:20 +0000 http://maxsell.net/?p=659#comment-15662 [...] get one chance at a potential buyer before they move on to another property. 4. If you receive a low offer on your property, do not make the mistake of failing to counter the offer. The low offer may come from a person who [...] [...] get one chance at a potential buyer before they move on to another property. 4. If you receive a low offer on your property, do not make the mistake of failing to counter the offer. The low offer may come from a person who [...]

]]> By: bnix http://maxsell.net/check-your-emotions-at-the-door-when-entering-the-atlanta-real-estate-market/comment-page-1/#comment-14560 bnix Wed, 29 Oct 2008 17:52:19 +0000 http://maxsell.net/?p=659#comment-14560 Emotional buyers and sellers are going to be frustrated and dissapoibted in the current market.<br><br>------------<br>Brad Nix<br>Managing Broker<br>Maxsell Real Estate<br>770-653-6155<br><a href="http://maxsell.net" rel="nofollow">http://maxsell.net</a><br><br>Typed with two thumbs Emotional buyers and sellers are going to be frustrated and dissapoibted in the current market.

————
Brad Nix
Managing Broker
Maxsell Real Estate
770-653-6155
http://maxsell.net

Typed with two thumbs

]]> By: Baltimore Real Estate http://maxsell.net/check-your-emotions-at-the-door-when-entering-the-atlanta-real-estate-market/comment-page-1/#comment-14559 Baltimore Real Estate Wed, 29 Oct 2008 17:45:33 +0000 http://maxsell.net/?p=659#comment-14559 We've seen the same in the Baltimore market, though I suspect the same thing is going on around the country too. Recently had a client who offered less than 75% of asking. We advised them that the offer was not going to be accepted and that it may be so low as to turn the seller off entirely. After getting an earful from the listing agent (who apparently had NOT checked his emotions at the door!) the seller did, in fact, counter, coming down .6% (yes, POINT six percent) from the list price. At least there was a counter, but it was clear that it was intended to tell our client "come back with a real offer...we don't have to sell this house and we certainly aren't going to let you steal it." Now, that's a lot for a simple number to say, but we got the message load and clear (not that we didn't know what the message would be). We've seen the same in the Baltimore market, though I suspect the same thing is going on around the country too. Recently had a client who offered less than 75% of asking. We advised them that the offer was not going to be accepted and that it may be so low as to turn the seller off entirely. After getting an earful from the listing agent (who apparently had NOT checked his emotions at the door!) the seller did, in fact, counter, coming down .6% (yes, POINT six percent) from the list price. At least there was a counter, but it was clear that it was intended to tell our client “come back with a real offer…we don't have to sell this house and we certainly aren't going to let you steal it.” Now, that's a lot for a simple number to say, but we got the message load and clear (not that we didn't know what the message would be).

]]> By: bnix http://maxsell.net/check-your-emotions-at-the-door-when-entering-the-atlanta-real-estate-market/comment-page-1/#comment-6744 bnix Wed, 29 Oct 2008 10:52:19 +0000 http://maxsell.net/?p=659#comment-6744 Emotional buyers and sellers are going to be frustrated and dissapoibted in the current market.<br><br>------------<br>Brad Nix<br>Managing Broker<br>Maxsell Real Estate<br>770-653-6155<br><a href="http://maxsell.net" rel="nofollow">http://maxsell.net</a><br><br>Typed with two thumbs Emotional buyers and sellers are going to be frustrated and dissapoibted in the current market.

————
Brad Nix
Managing Broker
Maxsell Real Estate
770-653-6155
http://maxsell.net

Typed with two thumbs

]]> By: Baltimore Real Estate http://maxsell.net/check-your-emotions-at-the-door-when-entering-the-atlanta-real-estate-market/comment-page-1/#comment-6743 Baltimore Real Estate Wed, 29 Oct 2008 10:45:33 +0000 http://maxsell.net/?p=659#comment-6743 We've seen the same in the Baltimore market, though I suspect the same thing is going on around the country too. Recently had a client who offered less than 75% of asking. We advised them that the offer was not going to be accepted and that it may be so low as to turn the seller off entirely. After getting an earful from the listing agent (who apparently had NOT checked his emotions at the door!) the seller did, in fact, counter, coming down .6% (yes, POINT six percent) from the list price. At least there was a counter, but it was clear that it was intended to tell our client "come back with a real offer...we don't have to sell this house and we certainly aren't going to let you steal it." Now, that's a lot for a simple number to say, but we got the message load and clear (not that we didn't know what the message would be). We've seen the same in the Baltimore market, though I suspect the same thing is going on around the country too. Recently had a client who offered less than 75% of asking. We advised them that the offer was not going to be accepted and that it may be so low as to turn the seller off entirely. After getting an earful from the listing agent (who apparently had NOT checked his emotions at the door!) the seller did, in fact, counter, coming down .6% (yes, POINT six percent) from the list price. At least there was a counter, but it was clear that it was intended to tell our client “come back with a real offer…we don't have to sell this house and we certainly aren't going to let you steal it.” Now, that's a lot for a simple number to say, but we got the message load and clear (not that we didn't know what the message would be).

]]> By: James West http://maxsell.net/check-your-emotions-at-the-door-when-entering-the-atlanta-real-estate-market/comment-page-1/#comment-6741 James West Fri, 10 Oct 2008 11:03:32 +0000 http://maxsell.net/?p=659#comment-6741 There is an old adage in pricing items that are for sale, "I can always come down on the price but I can't raise it once I find a buyer". The same principle is true for an investor placing a low bid on a property. They can always raise their offer but it is unlikely that they will be able to lower it after its been submitted. There is an old adage in pricing items that are for sale, “I can always come down on the price but I can't raise it once I find a buyer”. The same principle is true for an investor placing a low bid on a property. They can always raise their offer but it is unlikely that they will be able to lower it after its been submitted.

]]> By: Waverly Thornton http://maxsell.net/check-your-emotions-at-the-door-when-entering-the-atlanta-real-estate-market/comment-page-1/#comment-6742 Waverly Thornton Wed, 08 Oct 2008 15:37:40 +0000 http://maxsell.net/?p=659#comment-6742 Could'nt agree more. Sellers realizing that Buyers are making low offers due to the overall financial climate of our economy mandated by a miriad of fiscally irresponsible decisions made by the gross negligence of Congress will <br>simple counter at an acceptable price. Taking the emotions out of any business decision, and yes, selling the largest asset many of us will ever have, is a business decision, will reap greater profits for Sellers. Calm, decisive,<br>analysis of the components of the offer will benefit parties on both sides of the negotiating process. Could'nt agree more. Sellers realizing that Buyers are making low offers due to the overall financial climate of our economy mandated by a miriad of fiscally irresponsible decisions made by the gross negligence of Congress will
simple counter at an acceptable price. Taking the emotions out of any business decision, and yes, selling the largest asset many of us will ever have, is a business decision, will reap greater profits for Sellers. Calm, decisive,
analysis of the components of the offer will benefit parties on both sides of the negotiating process.

]]> By: Land Developer http://maxsell.net/check-your-emotions-at-the-door-when-entering-the-atlanta-real-estate-market/comment-page-1/#comment-6740 Land Developer Wed, 08 Oct 2008 02:09:00 +0000 http://maxsell.net/?p=659#comment-6740 A couple of very good points, people know that property owners may have strong emotional attachments to their property and may want more than is reasonable, but often investors are emotionally attached to their money! Of course they are going to try and get the best price they can. However I agree that making an offer so low that it seems almost offensive is probably not the best way to get started in a negotiation. A couple of very good points, people know that property owners may have strong emotional attachments to their property and may want more than is reasonable, but often investors are emotionally attached to their money! Of course they are going to try and get the best price they can. However I agree that making an offer so low that it seems almost offensive is probably not the best way to get started in a negotiation.

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