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Updated over 7 years ago on . Most recent reply

User Stats

58
Posts
18
Votes
Christy Holt
  • Investor
  • Atlanta, GA
18
Votes |
58
Posts

Should I change realtors?

Christy Holt
  • Investor
  • Atlanta, GA
Posted
Hello, I just submitted an offer on a condo in Nashville Tennessee. while Nashville is growing by Leaps and Bounds, I don't think Nashville is at the point of over bidding for properties. however I just submitted an offer full price and the seller went with someone else. the home was only on the market for 2 days. when I was trying to get direction from my realtor she never advised me to bid over the price. once I found out the seller went with someone else I asked for feedback. she stated they usually don't get feedback.. I currently own 3 investment properties in Nashville and I'm trying to purchase many more. any feedback would be greatly appreciated

Most Popular Reply

User Stats

63
Posts
33
Votes
Elisa Uribe
  • Real Estate Agent
  • Oakland, CA
33
Votes |
63
Posts
Elisa Uribe
  • Real Estate Agent
  • Oakland, CA
Replied

Hi @Christy Holt, it's rough going through the effort of bidding on a home and not getting your offer accepted. As far as feedback, sure, your Realtor could have asked what you as a client could have done different to have gotten the offer accepted. Was it the price? Was it the terms? Ask her to find out and let you know. Sometimes the owner is emotionally connected to a house and prefers to sell it to a family, and not an investor. Maybe that was the only difference between your offer and the others. 

The Realtor could also give you a market snapshot showing you how much homes are selling for in that local market so you can gauge if the homes are selling below, at or above market and if above, by what percentage.  

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