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Updated over 7 years ago on . Most recent reply

User Stats

95
Posts
34
Votes
Jonathan Ramos
  • Real Estate Agent
  • Salem, NH
34
Votes |
95
Posts

How to talk to potential sellers

Jonathan Ramos
  • Real Estate Agent
  • Salem, NH
Posted

After searching for potential sellers. I have gotten in contact with several sellers but they are all giving me prices above market value. If I think the homes are valued at 350k they are asking for 400k.

What are some sales tactics that I can use to negotiate with these unrealistic sellers?

Most Popular Reply

User Stats

194
Posts
175
Votes
Mike Sattem
  • Investor
  • La Grande, OR
175
Votes |
194
Posts
Mike Sattem
  • Investor
  • La Grande, OR
Replied

Hi @Jonathan Ramos,

It's probably not worth your time to deal with these folks. In my experience, cut bait and move on. It's a numbers game, and I have never had a seller who was consistently that far over what I was willing to offer come down. Also, after a while, you will get angry with these folks for how crazy their prices are, which just isn't a hassle worth taking on. Keep looking, and eventually you will find the seller who is motivated to make the house go away.

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