s a Realtor you never stop The deadline to for the sellers
being surprised. Earlier to respond came and went without
this week, for one of my any news. This morning I found a
clients, I made an offer on a counter offer on my fax
wonderful Sacramento area home. indicating they are in a multiple
We have been looking for the offer situation. Their counter
perfect home during past several is for more than the full asking
months. We finally found a house price, with an amount back to
in their price range and met all cover my buyers closing costs.
of their needs. In today’s In addition, without any
market where the numbers of sales explanation or elaboration they
are down and inventory is still added the sale is subject to the
high, I was shocked by how the seller finding and closing on
listing agent chose to deal with another home. In a multi-offer
our offer. situation I can understand
countering back at full price to
After submitting the offer, I got give both potential buyers a
a call from the listing agent who chance to make their best offer
informed me she was going to get but am I crazy thinking making it
a second offer but if my clients subject to finding and closing on
would like to make a full price a new house too much, especially
offer she would accept my word without any information?
and “take it to the church.” Who
knows what the church has to do The point I want to make is not
with it, I thought it went to the why the sellers made their
bank? We were not going to get counter offer but how it was
into a bidding war with a handled by their agent and how it
non-existent second offer so we may impact the sale. In my
remained quiet and waited. opinion the sellers are not being
represented well by their agent.
When she tried the “strong arm” NOT appraise for $8,000 above
tactic, my clients were annoyed. that number. Second, this house
When she let the “respond by” has been on the market for 60
deadline pass without any days, and the sellers want buyers
communication they moved to to sit on their butts waiting for
“mad.” Coming back with a them to find and close on a new
counter over asking price and house before they are assured the
subject to the seller’s whims and sellers are moving forward…..I
desires moved them emotionally to think not!
another home. They will make
another counter offer but it will In every kind of market, to
not be what they may have done maximize service as well as price
had we been treated better. or cost, everything about a
selling or buying a home must be
In addition, based on my analysis done right. What surprises me
of the subject house, I am not is when the easy parts are not
sure it will appraise for the done right.
asking price and am sure it will
About the Author:
Julie Jalone is an experienced professional Realtor® serving the need of buyers and sellers of residential real estate in the Greater Sacramento area including Placer, El Dorado, Yolo and Yuba counties. Some of the communities served by Julie include Sacramento, Roseville, Rocklin, Lincoln and Granite Bay. Julie is a wife and mother living in Rocklin. For more information see her website, www.jalone.com, which includes listings, home search, news, resources for buyers and sellers and her daily weblog, "Keep it Real in Sacramento."
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Julie Jalone
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