Tag

Buyer psychology

The Single Best Negotiating Strategy For Home Buyers

Caution:  Only Use if True Want to know the single most compelling pitch a Buyer can make to a prospective home Seller, especially if negotiations are at an impasse? This one: “I’d love to buy your home for $___ .  If that’s acceptable, please let me know by [time].  Otherwise, I plan to make an...
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“Are Overlapping Showings Good?”

Make That, “Good for Whom?” Thanks to MLS protocol, home sellers typically have to “OK” overlapping showing requests — that is, when one or more Buyers want to see the home simultaneously (by convention, at least in Minnesota, showings are for one hour). Should the Seller give their permission? Absolutely! As I tell my selling...
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The Single Best Negotiating Strategy For Home Buyers

Caution:  Only Use if True Want to know the single most compelling pitch a Buyer can make to a prospective home Seller, especially if negotiations are at an impasse? This one: “I’d love to buy your home for $___ .  If that’s acceptable, please let me know by [time].  Otherwise, I plan to make an...
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“Deluxe Condo with Balcony, Valcucine Cabinets, and Open Floor Plan”

Designer Cabinets & Real Estate Couture “Fantastic sun-drenched West-facing, 2-story (top floors) each with a balcony (top-floor’s is huge), Valcucine cabinets, large center island, granite, open floor plan and hardwood throughout.” –MLS listing, “Public Remarks” field. [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or...
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Buyers’ Fear of “Missing Something Better”

How Rational? One of the most common concerns Buyers (especially first-time Buyers) have is, “what if I commit to buying this home, and then something ‘better’ comes on the market?” How reasonable is that fear? Put it this way:  if the Buyer has done their homework, i.e., learned the market and fine-tuned what they’re looking for,...
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Do Realtors Stack the Deck When Showing Clients Properties?

“Pick a Card House, Any Card House!” I’ve certainly heard the insinuation:  by shuffling the order they show a series of homes, Realtors can subtly (or not so subtly) “guide” their Buyer’s decision to buy the home they want them to. Specifically, the supposed strategy is to show the most promising property either first or...
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