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The Chain of Demand In Real Estate...

no

 

                             chain

 

In lots of different scenarios....realtors find themselves in the middle of the "chain of demand"....the Sellers demand their home should be listed at $X. This is always above the market....Just say no.

no

   There are buyers who want you to behave as a buyer's agent...tell them the "right price"....advise them....but don't really want to sign the "loyalty oath" of a buyer's agent....Just say no.

     There are agents who write ridiculous half price offers on short sales because "the bank will take whatever we write"  Just say no.

no

       There are lenders who in approving a short sale, will approve the hnoome for sale....and want to "discuss the deficiency later in specified amount for no particular terms  Just say no.

 

 

  There is NO time...NO economic condition NO pleading seller No demanding buyer to whom NO is not the very right answer. Compromising ethics for the sake of a "maybe sale....No.


Comments

Sally & David - what great advice.  We all need to learn when to say no; when no is the right answer.  It's not always an easy lesson to master.

Posted by Lora "Leah" Stern, Realtor Rockland County Real Estate (Coldwell Banker Residential Brokerage) 5 months ago

 No seems not to be said as loudly or as often when commission "gets in the way."

Posted by Sally & David Hanson WI Realtors Res.\Comm\Short Sale\CDPE\ABR\e-Pro (Keller Williams 414-525-0563) 5 months ago

I think saying NO helps in the long run. It may be hard to initially say no to a listing, but an unreasonable seller is not going to become reasonable overnight.

Posted by Ellie McIntire Real Estate in Howard County Maryland (The McIntire Team of Long & Foster) 5 months ago

Sally & David, you really "NO" your stuff.  Thoroughly appropriate and enjoyable, thanks!

Posted by Kevin J. May Naples, FL Southwest Florida Real Estate (Prudential Florida Realty) 5 months ago

If you little voice starts with a whisper....and lets you know that something is amiss...NO is the best answer

Posted by Sally & David Hanson WI Realtors Res.\Comm\Short Sale\CDPE\ABR\e-Pro (Keller Williams 414-525-0563) 5 months ago

NO!  However, my ridiculously low balling short sale buyers have no delusions about the bank taking whatever they offer.  But they want to wait for the bank to counter, rather than risk offering more than the bank is willing to settle for....

Posted by Janna Rankin Scharf - Realtor Coeur d'Alene and North Idaho Homes (Keller Williams Realty Coeur d'Alene) 5 months ago

ToulaRosebrock,com

Hi Sally:

What great advice!

Just say NO...indeed!!!

Posted by Toula Rosebrock -Broker/Sales Associate, Realtor, Lacey Township, Ocean County, (NJ, Diane Turton, Realtors, Forked River, NJ) 5 months ago

 

Hi janna... There are short sale buyers...and buyers' agents who believe the bank will say yes to whatever is offered...oh NO.....Hi Toula....No is the best thing to say right in the beginning and then you don't have to worry about an unhappy ending !

Posted by Sally & David Hanson WI Realtors Res.\Comm\Short Sale\CDPE\ABR\e-Pro (Keller Williams 414-525-0563) 5 months ago

When I was a kid, "we'll see" meant NO too!

Posted by Jay Markanich (Jay Markanich Real Estate Inspections, LLC) 5 months ago

Hey Jay...I knew there was a reason I liked you....we must have had the same parents....!

Posted by Sally & David Hanson WI Realtors Res.\Comm\Short Sale\CDPE\ABR\e-Pro (Keller Williams 414-525-0563) 5 months ago

If there ever was a time and year to say NO it is now. Besides it has a snappy sound to it, NO is short and simple.

Posted by Mary Strang ~ Viroqua, WI Real Estate (RE/MAX Hill Country) 5 months ago

Right -o Mary...never thought of it that way...snappy....I like that !

Posted by Sally & David Hanson WI Realtors Res.\Comm\Short Sale\CDPE\ABR\e-Pro (Keller Williams 414-525-0563) 5 months ago

Right -o Mary...never thought of it that way...snappy....I like that !

Posted by Sally & David Hanson WI Realtors Res.\Comm\Short Sale\CDPE\ABR\e-Pro (Keller Williams 414-525-0563) 5 months ago

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