Spam prevention
Ambassador
1,565,645
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I run the numbers and make sure the home is priced right to begin with.  We go from there.

Jul 07, 2015 12:24 AM
Rainmaker
699,077
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

I try my best to price correctly but sellers want negotiating room.  I try and tell my buyers to give the seller their best offer but they always want to see if they can get a steal.  Makes life difficult.  Buyers and sellers think they're living in a bazaar trying to buy a Persian rug.

Jul 07, 2015 12:00 AM
Rainmaker
175,464
Spirit Messingham
Tierra Antigua Realty - Tucson, AZ
Third Generation Full-Time Realtor® 520 471-6900

Depends on the situation and property.   If a property is priced "well" here in Tucson, AZ it will sell fast.  Not uncommon to see the status change in less than a week.   Many sellers have to see what their property can't sell for before they can accept what it can sell for.

Jul 07, 2015 09:03 AM
Ambassador
3,986,518
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

The house is worth what it is worth regardless of what the seller thinks it should be listed for. Buyers like to offer low hoping to get movement from the seller.

Jul 07, 2015 04:50 AM
Rainer
66,214
Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

Yes absolutely!

Jul 07, 2015 04:18 AM
Rainmaker
212,655
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

Not to the extremes it used to be, the concept that a seller still wants the max and the buyer wants a deal come into play. 

Jul 07, 2015 04:04 AM
Rainmaker
4,799,356
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

There just aren't any absolutes or generalities when it comes to real estate.  Each transaction is unique.

Jul 07, 2015 03:49 AM
Ambassador
4,312,167
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Richie Alan Naggar author of books on Life-Love-Intimacy-Purpose - it boils down to the motivation!

For all non-motivated buyers or sellers, it's just a tug of war!

Jul 07, 2015 03:14 AM
Rainmaker
1,445,227
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Richie Alan Naggar author of books on Life-Love-Intimacy-Purpose I believe if a property doesn't look good and isn't priced right, it will limit the number of buyers. I believe this negotiation tactic is worn out.

Jul 07, 2015 02:50 AM
Rainmaker
869,411
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

The best method of selling depends on the situation of the real estate and the time needs of the owner.

Most agents know of only one way to sell real estate, put in MLS, and the marketing plan is continuous pressure to 'reduce the price!'

If you remember those 'short sale' days, the skilled buyer DID go in high because they knew how the process worked.

The informed buyer will make an offer based on the value the property represents to them. If they value the property highly and observed a line of buyer waiting to enter the house, going low may not be the best strategy for them.

Does it still work? Of course. That is how most real estate professionals operate.

Jul 07, 2015 01:02 AM
Rainmaker
1,178,351
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

20% of us will say No! Then there's the usual 80% that still do think this is clever negotiating, (based on Pareto's Principle of the 80/20 Rule). For those of us in the 20%: where Realtors know their numbers, meaning: comps, DOM, trends and market values based on condition, location & amenities. I think the top 20% are more professional than that (certainly in how I run my business) and in my experience with other "20%ers".

Jul 07, 2015 12:05 AM
Rainmaker
1,379,764
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

No! Here it becomes what it is worth; if a seller is high it may become an appraisal issue.

Jul 06, 2015 11:56 PM