Wednesday, December 14, 2011

"I will sell your house or I will buy it"... sounds too good to be true? Well, probably because it is!

 
Ok, as you read the next sentence you have to use your radio salesman voice... "I will sell your house, or I will buy it." Sounds too good to be true? Well, probably because it is! Oh technically will they buy it, sure, but the real question is will you sell it for what they want to buy it for?  Let us keep in mind you are dealing with a person who is running a business, and that person can't give money or time away or they won't be running a business for long.  So what are THEY going to get out of this deal?  Usually when I hear this idea being "sold" the agent will offer to sell your most prized possession and tell you "well you should list you home with me because if I don't sell it I will buy it" ...of course, at a large amount BELOW market value, using their title company, and only if you allow them to choose ALL the selling factors during the time they have your home listed... So after your home doesn't sell, what have you really agreed to?  Your home will get appraised, or worse yet a Current Market Analysis done, to determine the value of your home. Then, the agent gets to knock off a certain percentage so they can resell it for a fast turn around and profit, or better yet, keep it for a rental of their own. On a side note, why would you as a seller want to give your agent any good reason not to sell your home, so they can can make money even when it doesn't sell?

 
Skip Geiser
(850) 221-6442
www.SkipGeiser.com
SkipGeiser@live.com
The Geiser Team with Main Street Properties

             

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