Perrysburg Blog

It happens sometimes.

Not even Rod Carew or Mickey Mantle batted 1000 you know . . .

The seller was referred to me.

The house was nice.  The location was nice.  But it had been on the market for 2 years with 2 different brokers.  The prior marketing and pricing tactics were obviously not working.

The sellers motivation?  They were leaving for better job opportunities in a southern state (note to our feckless leaders – just copy the tax policies of Texas or Alabama or Florida.  Don’t think.  Don’t legistlate.  Just copy.  You CANNOT do worse than you are now.)   They are not in a hurry.   So they have the “luxury” of time and of not pricing to the market.

I explained to them that with over 11,000 homes on the market that the buyer has the luxury of ignoring any home not priced correctly and that a mispriced home will sit and sit and sit.  For YEARS if that is comprehensible.   They were already living that dream – did they want to keep on waiting?

The sellers gave the usual “think it over” stall.  

I gave them my recommended price.  And was not surprised to see it show up on the MLS with another broker $75,000 higher.  

Perhaps I will talk to them again in a year.   And time will tell if I was right.