Orange County Dana Point Real Estate


Why Some Sellers Are Intended Not To Sell Their Home!

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You may question about the motivation that the sellers have sometimes. They often come across the trouble of placing their home on the MLS, expect the Realtor they hired to market and sell the home in record time. Majority realize we’re in a very tough market, so they make an effort to accommodate the potential buyer as well. Others seem indifferent to the whole process of selling a home. Such is the case we're involved with right now. We sent an offer for a condominium located in Tamarac, Florida. It's a 2bed, 2bath condominium that's been on the market for 160 days. The home is listed for $112,000 and we sent an offer for $105,000.

Before we take a listing we like to explain to the potential seller, we should consider all offers. It’s our opinion that a counter is better than a "Full Rejection”. Most sellers understand a counter offer is necessary. The seller`s agent contacted the seller to go over the offer. The seller was annoyed at his agent for presenting what they deemed a "Low Ball" offer. Currently, there is a glut of condominiums on the market; in the area where this particular condominium is located there are 18 listed ranging in price between $93,000-$128K. The seller told their agent they won’t settle for anything under $112K. We asked the Realtor if the seller was serious and he was embarrassed. Apparently, this seller will "Hold Out" for a better offer, our buyer refused to met the sellers request and we’re moving to another condominium. Whatever it matters but some sellers are intended never to sell their home.





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