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Sellers, Whose Side Are You On?

11-21-09
Mike Carlier ABR CRS GRI
Mike Carlier ABR CRS GRI: Real Estate Agent in Apple Valley, MN
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  • Office: (507) 645-2877
  • Mobile: (612) 916-3033

When sellers sign a listing agreement, they indebt the listing broker to the fiduciary duties that they deserve from us. Often, sellers do things that help the eventual buyer gain an advantage in the sales process. Sometimes, sellers are their own worst enemies.

I'm thinking about asking sellers to sign a statement acknowledging that they understand that certain acts or omissions by them will decrease the final price they receive and increase the time it will take to get there. Here's my first draft of possible acknowledgments:

•1. I understand that my asking price will define the expectations and limit the number of buyers who see my home. An unreasonably high asking price will create unreasonable expectations from buyers.

•2. I understand that there is a finite number of buyers who may want to see my home. Every appointment request that I refuse will significantly limit my chance of receiving an offer, and increase the amount of time needed to sell my home.

•3. Every day my home is on the market is a day closer to a price reduction and/or failure to sell. In the near term, housing data indicates that my home has a higher market value today than it will at any time during the duration of the listing agreement. It is in my best interest to sell quickly, even if I don't absolutely have to move soon.

•4. Buyers typically tour between four and forty homes. My home needs to be in first place to get them to make an offer. If its price, condition, and presentation are not number one, I will not get an offer. Close doesn't count.

Comments and opinions welcome.

2 Comments
Blog_tag

A little Humor to end the day...

11-20-09
William Feela Realtor 651-674-5999 No. Branch,MN
William Feela Realtor 651-674-5999 No. Branch,MN: Real Estate Agent in North Branch, MN
  • view my blog
  • Office: (651) 674-7449
  • Mobile: (651) 674-5999
  • Secondary: (612) 388-1000

We had company tonight. A freind of ours that is a Dr. we talked about the 'New Great' health plan and some other B.S. Before leaving she graced me with a couple of stories...

Sam and ned were talking... The Dr. said he would have me on my feet in two weeks." said Sam

"And?" retorted Ned.

"I was walking in two weeks...I had to sell my car to pay his Bill!"

################################################################

Doctor...Please help me...My hand won't stop shaking!

"Do you drink a lot," asked the Dr.

"NO...I spill most of it!"

Have a great and Safe weekend all!!!!

11 Comments
Blog_tag

Yea, I hurt myself...but look at the bright side...(Funny Friday)

11-20-09
William Feela Realtor 651-674-5999 No. Branch,MN
William Feela Realtor 651-674-5999 No. Branch,MN: Real Estate Agent in North Branch, MN
  • view my blog
  • Office: (651) 674-7449
  • Mobile: (651) 674-5999
  • Secondary: (612) 388-1000

It wasn't anything to serious. I got a stick in my eye and my wife got all excited and insisted I go right to the Dr. I was sitting in the exam room when this young lady Dr. walks in and askes How I was.

"Not bad, considering" I was looking out the window. Nothing out there but a cemetary.

"What you looking at?" she asked me.

"Oh...I was looking at my future home," I responded.

The look I recieved was priceless. Oh, and my eye...a small scratch on the lens as I suspected. Nothing to worry about. But, I could have bought a new Gun for what the office call cost me.

5 Comments
Blog_tag

6 bedroom home located in North Branch possible contract for deed terms 1 acre lot northern minnesota mnhomescontractfordeed.com

11-20-09
steve vennemann
steve vennemann: Real Estate - Other in White Bear Lake, MN
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  • Office: (651) 334-8312
  • Mobile: (651) 334-8312

4560 375th Street , North Branch, MN 55056
Status: Active List Price: $159,900 Original List Price: $204,999
Previous Image 1 of 3 Next Slideshow · Open All


Total Bed/Bath: 6/2 Garage: 2 Year Built: 1995


Map Page: 242 Map Coord: B4
Directions:
Mn 95 left on Falcon Ave. Rt. on 377th St. Left on Eaglewood Ave Turn Rt. on 375th St. Home on Right
(Click icon for Virtual Earth Map)
General Property Information
Legal Description: Sect-30 Twp-035 Range-021 VIKING PARK THIRD ADDITION Lot-005 Block-001
County: Chisago
Postal City: North Branch
School District: 138 - North Branch, 651-674-1000
Complex/Dev/Sub: Common Wall: No
Restrictions/Covts:
Lot Description: Corner Lot
Association Fee: $ Assoc Fee Frequency:
Assoc Fee Includes:
Road Frontage: City, Paved Streets
Zoning: Residential-Single Accessibility: None
Remarks
Public Remarks: Awesome 6BR 2 Bth split entry sitting on fabulous 1 acre corner lot. Hardwood Floors, Ceramic tiled bathroom floors, Great storage space. Newer septic system, Must see to appreciate
Structure Information
Room Level Dimen
Living Rm Upper 13x14
Dining Rm
Family Rm Lower 11x14
Kitchen Upper 10x20
Bedroom 1 Upper 11x14
Bedroom 2 Upper 10x11
Bedroom 3 Upper 9x10
Bedroom 4 Lower 9x13
Other Rooms Level Dimen
Fifth (5th) Bedroom Lower 9x10
Sixth (6th) Bedroom Lower 10x10
Bathrooms
Total: 2 3/4: 0 1/4: 0
Full: 2 1/2: 0
Heat: Forced Air
Fuel: Natural Gas
Air Cond: Central
Water: Well
Sewer: Private
Garage: 2
Garage Stall #: 0
Oth Prkg: 2
Pool: None
Http://www.mnhomescontractfordeed.com

0 Comments
Blog_tag

6 bedroom home located in North Branch possible contract for deed terms 1 acre lot northern minnesota mnhomescontractfordeed.com

11-20-09
steve vennemann
steve vennemann: Real Estate - Other in White Bear Lake, MN
  • view my blog
  • Office: (651) 334-8312
  • Mobile: (651) 334-8312

4560 375th Street , North Branch, MN 55056
Status: Active List Price: $159,900 Original List Price: $204,999
Previous Image 1 of 3 Next Slideshow · Open All


Total Bed/Bath: 6/2 Garage: 2 Year Built: 1995


Map Page: 242 Map Coord: B4
Directions:
Mn 95 left on Falcon Ave. Rt. on 377th St. Left on Eaglewood Ave Turn Rt. on 375th St. Home on Right
(Click icon for Virtual Earth Map)

MLS Area: 711 - Southern Chisago County
Style: (SF) Split Entry (Bi-Level)
Const Status: Previously Owned
Foundation Size: 1,100
AbvGrdFinSqFt: 1,137
BelGrdFinSqFt: 950
Total Fin SqFt: 2,087
Acres: 1.000
Lot Size: 150X290
TAX INFORMATION
Property ID: 110102666
Tax Year: 2009
Tax Amt: $2,307
Assess Bal: $40
Tax w/assess: $2,347
Assess Pend: Unknown
Homestead: Yes
General Property Information
Legal Description: Sect-30 Twp-035 Range-021 VIKING PARK THIRD ADDITION Lot-005 Block-001
County: Chisago
Postal City: North Branch
School District: 138 - North Branch, 651-674-1000
Complex/Dev/Sub: Common Wall: No
Restrictions/Covts:
Lot Description: Corner Lot
Association Fee: $ Assoc Fee Frequency:
Assoc Fee Includes:
Road Frontage: City, Paved Streets
Zoning: Residential-Single Accessibility: None
Remarks
Public Remarks: Awesome 6BR 2 Bth split entry sitting on fabulous 1 acre corner lot. Hardwood Floors, Ceramic tiled bathroom floors, Great storage space. Newer septic system, Must see to appreciate
Structure Information
Room Level Dimen
Living Rm Upper 13x14
Dining Rm
Family Rm Lower 11x14
Kitchen Upper 10x20
Bedroom 1 Upper 11x14
Bedroom 2 Upper 10x11
Bedroom 3 Upper 9x10
Bedroom 4 Lower 9x13
Other Rooms Level Dimen
Fifth (5th) Bedroom Lower 9x10
Sixth (6th) Bedroom Lower 10x10
Bathrooms
Total: 2 3/4: 0 1/4: 0
Full: 2 1/2: 0
Heat: Forced Air
Fuel: Natural Gas
Air Cond: Central
Water: Well
Sewer: Private
Garage: 2
Garage Stall #: 0
Oth Prkg: 2
Pool: None
Http://www.mnhomescontractfordeed.com

0 Comments