Why not have a counter-part to "What Sellers Want"? Let's try to keep this from devolving into silliness, if we can. I'll start... A buyer wants a seller who: (1) projects an honest, reasoned understanding of current market conditions. (2) has thoughtfully considered comparables in developing the listing price, in conjuction with #1 above. (3) has a listing agent who knows how to listen, act like... [more]
Why not have a counter-part to "What Sellers Want"?
Let's try to keep this from devolving into silliness, if we can.
I'll start...
A buyer wants a seller who:
(1) projects an honest, reasoned understanding of current market conditions.
(2) has thoughtfully considered comparables in developing the listing price, in conjuction with #1 above.
(3) has a listing agent who knows how to listen, act like a normal person, and not act like a lunatic PR flack from another era.
(4) has taken the time and care to scrupulously clean and prepare the unit for sale out of respect for potential buyers who are considering the most expensive purchase of their lives.
(5) honesty and full-disclosure of info relevant to sale (e.g., update the maintenance listed on the flyers and websites to reflect the recently imposed increases).
(6) has a listing agent who promptly returns calls and emails and never has to "correct" him/herself.
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Response by fakeestate
about 17 years ago
Posts: 215
Member since: Nov 2008
Utopia, in other words.
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Response by front_porch
about 17 years ago
Posts: 5321
Member since: Mar 2008
7) I would kind of like the listing agent to remember me. I know it's hard on visit two, but by the time we had me a couple of phone/email queries about an apartment, and came back for visit three, I would have appreciated it if I had made an impression on the listing agent's mind.
8) I would like some forecast on the firmness of a handshake. I'm in this business, but the Midwesterner/Southerner in me is aghast at the way people run around dropping offers and breaking contracts. If a seller accepts my offer but is going to shop a unit around until I sign a contract, that's fine, but I would prefer for him to say so.
ali r.
{downtown broker/buyer}
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Response by spqsydney
about 17 years ago
Posts: 80
Member since: Dec 2008
9) If you bought the apartment from 2005 or after (and the purchase price you paid is listed right here in Streeteasy for all to see very easily) and you haven't done any major renovations, do not set an initial asking price which is significantly above your purchase price.
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Response by manhattanfox
about 17 years ago
Posts: 1275
Member since: Sep 2007
I think if one is buying now -- it is because they have found something exciting in the unit.
Evertime I make a large purchase -- it is an immediate gut reaction. the price must be set at a level whereby you do not question whether or not you just got "taken" --
As both a buyer and seller -- I agree with Ali -- one's word should mean something. But apparently not. People sometimes suck...
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Response by tandare
about 17 years ago
Posts: 459
Member since: Jun 2008
1-9 -- Ditto.
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Response by West81st
about 17 years ago
Posts: 5564
Member since: Jan 2008
10) A seller who has lovingly preserved the original character of her classic eight and is either:
a. Very attuned to macroeconomics conditions and their influence on property values; or
b. Dead, with no living heirs.
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Response by PMG
about 17 years ago
Posts: 1322
Member since: Jan 2008
pricing at $500 psf
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Response by julia
about 17 years ago
Posts: 2841
Member since: Feb 2007
10 and 11 ditto
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Response by newbuyer99
about 17 years ago
Posts: 1231
Member since: Jul 2008
Maybe I am mercenary, but the single most important thing I want is a desperate seller. All the other stuff is important to - professional broker, integrity, realistic expectations, etc.
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Response by AbatementBS
about 17 years ago
Posts: 78
Member since: Jan 2009
Honestly... it's a buyer's market so it doesnt matter what the sellers want
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Response by AbatementBS
about 17 years ago
Posts: 78
Member since: Jan 2009
oops wrong thread
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Response by bronxboy
about 17 years ago
Posts: 446
Member since: Feb 2009
Pretty much agree with abatement. All the leverage is with the buyer unless the buyer decides its not. Up to he/she.
Utopia, in other words.
7) I would kind of like the listing agent to remember me. I know it's hard on visit two, but by the time we had me a couple of phone/email queries about an apartment, and came back for visit three, I would have appreciated it if I had made an impression on the listing agent's mind.
8) I would like some forecast on the firmness of a handshake. I'm in this business, but the Midwesterner/Southerner in me is aghast at the way people run around dropping offers and breaking contracts. If a seller accepts my offer but is going to shop a unit around until I sign a contract, that's fine, but I would prefer for him to say so.
ali r.
{downtown broker/buyer}
9) If you bought the apartment from 2005 or after (and the purchase price you paid is listed right here in Streeteasy for all to see very easily) and you haven't done any major renovations, do not set an initial asking price which is significantly above your purchase price.
I think if one is buying now -- it is because they have found something exciting in the unit.
Evertime I make a large purchase -- it is an immediate gut reaction. the price must be set at a level whereby you do not question whether or not you just got "taken" --
As both a buyer and seller -- I agree with Ali -- one's word should mean something. But apparently not. People sometimes suck...
1-9 -- Ditto.
10) A seller who has lovingly preserved the original character of her classic eight and is either:
a. Very attuned to macroeconomics conditions and their influence on property values; or
b. Dead, with no living heirs.
pricing at $500 psf
10 and 11 ditto
Maybe I am mercenary, but the single most important thing I want is a desperate seller. All the other stuff is important to - professional broker, integrity, realistic expectations, etc.
Honestly... it's a buyer's market so it doesnt matter what the sellers want
oops wrong thread
Pretty much agree with abatement. All the leverage is with the buyer unless the buyer decides its not. Up to he/she.