Archive for February, 2011

“Unrealistic Expectations”

Two very powerful words.  These words were expressed to me by a present homeowner in a development that had a couple of listings that were “On the Market along Time”.   I thought about these words while continuing my morning walk and  thought these are two words that could be used in a number of ways in our Real Estate industry.  Possibly a seller that thought their home was worth $50,000 more than comparables, buyers feeling that their offer should be considered evern though the offer is $70,000 below current solds.  How about expecting an interest rate that is unrealistic and not moving forward because you know that interest rates will come down.   Are we being employed by buyers, sellers, landlords that might have “Unrealistic Expectations”.  We need to discuss these two words with all of our clients/customers.  You could even include repair lists presented to sellers.  Are the buyers asking for more than should be expected.  Two words that deserve alot of thought in our everyday lifes.