Home › Forums › Closed Forums › Properties or Areas › 17231 Camino De Montecillo, Fairbanks Ranch (odd seller behavior)
- This topic has 70 replies, 8 voices, and was last updated 15 years, 10 months ago by unbiasedobserver.
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June 10, 2008 at 1:24 PM #221054June 10, 2008 at 2:36 PM #220915PichonParticipant
Hi Raptor. it’s a strategy that is not working. they tried initially at 5.3 a couple of years ago. Odd that the owner – according to some of the listings – is a realtor and doing this. Also interesting a covenant property you mentioned before that tried to flip is now below original the cost, and they had put money into it.
June 10, 2008 at 2:36 PM #221011PichonParticipantHi Raptor. it’s a strategy that is not working. they tried initially at 5.3 a couple of years ago. Odd that the owner – according to some of the listings – is a realtor and doing this. Also interesting a covenant property you mentioned before that tried to flip is now below original the cost, and they had put money into it.
June 10, 2008 at 2:36 PM #221029PichonParticipantHi Raptor. it’s a strategy that is not working. they tried initially at 5.3 a couple of years ago. Odd that the owner – according to some of the listings – is a realtor and doing this. Also interesting a covenant property you mentioned before that tried to flip is now below original the cost, and they had put money into it.
June 10, 2008 at 2:36 PM #221059PichonParticipantHi Raptor. it’s a strategy that is not working. they tried initially at 5.3 a couple of years ago. Odd that the owner – according to some of the listings – is a realtor and doing this. Also interesting a covenant property you mentioned before that tried to flip is now below original the cost, and they had put money into it.
June 10, 2008 at 2:36 PM #221078PichonParticipantHi Raptor. it’s a strategy that is not working. they tried initially at 5.3 a couple of years ago. Odd that the owner – according to some of the listings – is a realtor and doing this. Also interesting a covenant property you mentioned before that tried to flip is now below original the cost, and they had put money into it.
June 10, 2008 at 10:49 PM #221080SD RealtorParticipantGenerally there are 2 categories that we see here. The first is the mentality that you guys have all pointed out here. That is, basically sellers in denial trying a last ditch strategy of going off an on the MLS playing with pricing etc… You never know when a soft pitch will come in the form of a buyer who doesn’t do a history on the home for sale… yes that happens every now and then…It is basically pathetic that sellers do this and even worse when agents condone this behavior. What can you do though. As an agent you can say no to the seller and cancel the listing but your broker may not be happy with you losing the listing.
The other category is a short sale where the lender denied an offer at list price and did thier own BPO that is higher so that the listing agent has no choice but to raise the price.
SD Realtor
June 10, 2008 at 10:49 PM #221176SD RealtorParticipantGenerally there are 2 categories that we see here. The first is the mentality that you guys have all pointed out here. That is, basically sellers in denial trying a last ditch strategy of going off an on the MLS playing with pricing etc… You never know when a soft pitch will come in the form of a buyer who doesn’t do a history on the home for sale… yes that happens every now and then…It is basically pathetic that sellers do this and even worse when agents condone this behavior. What can you do though. As an agent you can say no to the seller and cancel the listing but your broker may not be happy with you losing the listing.
The other category is a short sale where the lender denied an offer at list price and did thier own BPO that is higher so that the listing agent has no choice but to raise the price.
SD Realtor
June 10, 2008 at 10:49 PM #221192SD RealtorParticipantGenerally there are 2 categories that we see here. The first is the mentality that you guys have all pointed out here. That is, basically sellers in denial trying a last ditch strategy of going off an on the MLS playing with pricing etc… You never know when a soft pitch will come in the form of a buyer who doesn’t do a history on the home for sale… yes that happens every now and then…It is basically pathetic that sellers do this and even worse when agents condone this behavior. What can you do though. As an agent you can say no to the seller and cancel the listing but your broker may not be happy with you losing the listing.
The other category is a short sale where the lender denied an offer at list price and did thier own BPO that is higher so that the listing agent has no choice but to raise the price.
SD Realtor
June 10, 2008 at 10:49 PM #221224SD RealtorParticipantGenerally there are 2 categories that we see here. The first is the mentality that you guys have all pointed out here. That is, basically sellers in denial trying a last ditch strategy of going off an on the MLS playing with pricing etc… You never know when a soft pitch will come in the form of a buyer who doesn’t do a history on the home for sale… yes that happens every now and then…It is basically pathetic that sellers do this and even worse when agents condone this behavior. What can you do though. As an agent you can say no to the seller and cancel the listing but your broker may not be happy with you losing the listing.
The other category is a short sale where the lender denied an offer at list price and did thier own BPO that is higher so that the listing agent has no choice but to raise the price.
SD Realtor
June 10, 2008 at 10:49 PM #221241SD RealtorParticipantGenerally there are 2 categories that we see here. The first is the mentality that you guys have all pointed out here. That is, basically sellers in denial trying a last ditch strategy of going off an on the MLS playing with pricing etc… You never know when a soft pitch will come in the form of a buyer who doesn’t do a history on the home for sale… yes that happens every now and then…It is basically pathetic that sellers do this and even worse when agents condone this behavior. What can you do though. As an agent you can say no to the seller and cancel the listing but your broker may not be happy with you losing the listing.
The other category is a short sale where the lender denied an offer at list price and did thier own BPO that is higher so that the listing agent has no choice but to raise the price.
SD Realtor
June 11, 2008 at 7:13 AM #221145farbetParticipantI have noticed “poway seller” posting.
Is this the same person of a year ago on this blog,who started her own blog?June 11, 2008 at 7:13 AM #221244farbetParticipantI have noticed “poway seller” posting.
Is this the same person of a year ago on this blog,who started her own blog?June 11, 2008 at 7:13 AM #221258farbetParticipantI have noticed “poway seller” posting.
Is this the same person of a year ago on this blog,who started her own blog?June 11, 2008 at 7:13 AM #221287farbetParticipantI have noticed “poway seller” posting.
Is this the same person of a year ago on this blog,who started her own blog? -
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