Why are the Sellers Selling?

710 May Street Rockvale CO

710 May Street Rockvale CO

Why are the Sellers Selling?

Buyers love to ask the question “why are the sellers selling?” There are two, maybe three answers to that questions.

1) Short Answer – it’s none of a buyer’s business
2) Longer Answer – The sellers are selling the house, the walls and the roof, they aren’t selling their story
3) Disclosure Answer – The sellers “might” be in trouble. Sometimes the MLS will disclose that the property is in short sale, that the foreclosure process has begun or that the property is in an estate.

If you are a buyer looking for a house does it really matter why the seller is selling?

1) Let’s imagine the sellers are down sizing, getting ready for retirement. Does that mean they will take less money – nope they are expecting exactly what the house is listed for. Will the seller take less? Write them an offer and see what happens. But remember a low ball offer can get a potential buyer shut down too.

2) Let’s imagine the seller is sick.  Now imagine the seller is a distant family member of yours. Would you offer less or more for the house?

3) Let’s imagine the sellers family is expanding and growing, they need to move to a larger house. If you knew this would it change your buy offer?

4) Let’s imagine the sellers lost their job. Would you try to low-ball a co-worker you knew was just laid off?

Bottom line is the buyer is buying a property, the seller’s motivation isn’t a buyer’s business any more that it’s the seller’s business to know why the buyer wants their property.  As long as the check clears, the ink dries on the signatures and keys are exchanged – that’s all that matters.

About Dena Stevens (719) 369.9087

Putting the ‘real’ into REALTOR since 2004

Ask about vacant land, ranch land or residential properties.

Loyalty and devotion are things buyers and sellers expect from their Realtor as well as the fiduciary responsibility of due diligence. Dena is a certified Ecobroker, focused on sustainability, energy efficiency and the environment and is a Certified Sales Professional from the Association of Home Builders.

Specialties: A client once said “you put the ‘real’ into REALTOR” to me. I took it as a complement and I’ve been using it ever since, I’m a no nonsense kind of person. I’ve been helping people buy and sell real estate since 2004.
Associate Broker
REALTOR
Certified Sales Professional (CSP)
Short Sale Foreclosure Resource (SFR)
Ecobroker
GHSP

The Fair Housing Act is a federal act in the United States intended to protect the buyer or renter of a dwelling from seller or landlord discrimination. Its primary prohibition makes it unlawful to refuse to sell, rent to, or negotiate with any person because of that person’s inclusion in a protected class.

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