Can you tell me if there is any Wiggle Room?

By
Real Estate Agent with Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730 TN Broker: 208698

The WigglesCan you tell me if there is any Wiggle Room? I got a question like this  from an agent today on one of my listings and I know exactly what the agent was saying. Will The Seller Drop His Price? Will The Seller Take Less?

Since I was hired by the seller to get the best price for him and he hasn’t authorized me to quote any price other than the list price, all I could say was for the agent to have her buyer to make his offer and I would certainly have the seller look at it very seriously. If a buyer asks this same question I will answer just make your offer and I will get the seller to give it serious consideration.

No matter if I happen to know that my seller would take less, if the seller hasn’t given me permission to spread the word, it is confidential information. If my seller was willing to take less, I would strongly advise him to lower the price so it would be public knowledge and all buyers and agents would know it and hopefully it would prompt a quicker offer.

Can you tell me if there is any Wiggle Room? The answer is no I can’t, but instead of saying that, I do the little verbal dance. I encourage an offer in writing, tell the agent or buyer about all the attributes of the home and say I would be glad to present any offer to the seller for consideration.

If you are needing real estate assistance in Clarksville TN, I would love to be able to assist you. If working as your buyer's agent I can help you put together an offer and work hard to negotiate it for you. As your seller's agent I will work hard to get you the best possible price and keep all you confidentialities.  Call me Debbie Reynolds for the buying advantage or selling advantage.

But I can't tell you if there is any Wiggle Room.

Posted by

 

Want To Know What Debbie Has to Say? 

If you are needing Real Estate services in Clarksville TN it would be my pleasure to assist you!

 

.


"The Real Debbie Reynolds" at
BuyorSellClarksville.com

Prudential PenFed Realty, 2503 Wilma Rudolph Blvd., Clarksville, TN 37040

An independently owned and operated member of BRER Affiliated, Inc.

Not affiliated with Prudential. Prudential watermarks used under license.

931-920-6730 (office)   931-320-6730 (cell)

                 

 

 

 

close

Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Mark Loewenberg 10/22/2012 06:50 PM
Topic:
ActiveRain Community
Location:
Tennessee Montgomery County Clarksville
Groups:
BananaTude
Diary of a Realtor
Tennessee
REALTOR LIFE
Tags:
confidentiality
negotiating offers

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
82,975
Jayne Clement
Keller Williams Realty - Los Feliz, CA
Los Angeles Short Sale Agents

I often ask the listing agent if there is "wiggle room."  You'd be surprised how much agents will give away.  Costs nothing to ask!

However, on the flip side, when I'm the listing agent...I do exactly what you do! 

Oct 23, 2012 11:19 AM #109
Ambassador
1,147,378
Debbie Reynolds
Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730 - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Sylvia, I guess it depends whose side you are on. Those pearls can yield good infromation too.

Betty and John, We all want to get offers for our sellers but don't want to hurt them in doing it.

MaryKay, Thanks for reading and hope you have a great week.

Larry and Marilyn, There are many factors that enter into the seller's decision. Having a bad day is one of them.

Travis, Isn't it great how we pick up tips from one another. I have found some really good ones here. Now I have to practice so they roll off the tongue.

Michael, That certainly works and is the truth.

Oct 23, 2012 12:02 PM #110
Ambassador
1,147,378
Debbie Reynolds
Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730 - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Hi Mary, Many of the questions we are asked are not to be answered or we could be violating our agency duties.

Suzi, In my book $50,000 is a gaping hole and there is nothing about a wiggle in that.

Jayne, It is surprising how many time you wil get an answer. You would think the agents would know better.

Oct 23, 2012 12:06 PM #111
Rainmaker
996,775
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

The absolute best way to find out about "wiggle room" is either to take hula lessons, or go to the "Gentleman's Club."  The best way in real estate... write an offer.

Oct 23, 2012 12:35 PM #112
Ambassador
1,147,378
Debbie Reynolds
Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730 - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Karen Anne, I love your wit! You are always thinking outside of the box.

Oct 23, 2012 12:50 PM #113
Rainer
22,511
Spectrum Inspection Group
Spectrum Inspection Group - Las Vegas, NV

Good post Debbie.  Thanks for sharing!

Oct 23, 2012 01:06 PM #114
Rainer
51,139
M. Lynn Delatte
Developers Realty - Broadview Heights, OH

You never know what your seller will take until they are presented with an offer.  

Oct 23, 2012 01:23 PM #115
Rainmaker
60,114
Sharon Sanchez
Ace Home Realty - Carson, CA
Your Number "1" Source For Real Estate.

As most people already mentioned, write your best offer and I'll present it to the seller.

Oct 23, 2012 01:30 PM #116
Ambassador
1,147,378
Debbie Reynolds
Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730 - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Carl and Andrea, Thanks for you comment. Have a  great week.

Lynn, I can never guess what my sellers will do. They are always surprising me.

Sharon, Good offers are the best. But any offer is worth a shot to get a response. It doesn't always happen though.

Oct 23, 2012 01:37 PM #117
Rainmaker
996,775
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

Debbie:  You are very kind in your reply.  Thank you so much for that.  And... thanks for a great post!

Oct 23, 2012 02:24 PM #118
Rainmaker
838,498
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
your real estate writer

It all comes back to the dance, doesn't it? Everyone is trying to get more information without giving any information away. (Well, except for those agents who don't care, but never mind about them.)

Oct 23, 2012 03:22 PM #119
Rainmaker
331,164
Jon Quist
LONG REALTY - Tucson, AZ
Tucson's BUYERS ONLY Realtor since 1996

Thank you. My sales pitch as a Buyers Only Agent..."Since I was hired by the seller to get the best price" is exactly what I tell my clients about the duty of a listing agent! 

Oct 24, 2012 12:09 AM #120
Rainer
290,464
Kimo Jarrett
WikiWiki Realty - Huntington Beach, CA
Kimo's Lifestyle Solutions

I always respond with it depends, so submit your written offer and my client will reply. 

Oct 24, 2012 12:20 AM #121
Rainer
187,738
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

Hi Debbie,

Good post. Don't you just love it when another agent comes fishing for the price. I am like you and tell them bring in an offer.

Oct 24, 2012 09:27 AM #122
Rainmaker
209,494
Mary Hutchison, SRES, ABR
Better Homes and Gardens Real Estate-Kansas City Homes - Kansas City, MO
Specializing in Brookside, Waldo, Prairie Village

Oh, how many times have I heard this phrase?!  Of course, many buyers think there is LOTS of 'wiggle room' off the list price! 

Oct 24, 2012 02:15 PM #123
Ambassador
1,147,378
Debbie Reynolds
Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730 - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Karen Anne, You are such a sharp lady and remind me of the way my mom was. She was the smartest person I ever knew and she knew people so well. She was a psychologist.

Marte, Yes it is about the dance and trying to wiggle our way into a deal.

Jon, And that is the mission of the agent on either side.

Kimo, It does depend solely on what the seller thinks and how he responds.

Steve, We really will never know if there isn't a written offer.

Mary, If the agent answered a little, a little to one person is another person's a lot.

 

Oct 24, 2012 05:47 PM #124
Rainer
210,575
Nan Jester
Exit Real Estate Gallery Jacksonville Beach, FL - Jacksonville Beach, FL
Realtor, Exit Real Estate Gallery

This is a long-time tenant for Realtors. We have never really been at liberty to speak without permission for sellers.

Oct 25, 2012 03:50 PM #125
Rainer
60,843
Jack Wickham
Clarksville, TN
Building with Integrity

Debbie, There is sure a lot of similarities with agents experiencing this same question all across the country.

Oct 25, 2012 08:02 PM #126
Rainer
83,887
Brad Baylor
ERA Coup Agency - Milton, PA

Debbie - I hate getting a question like that on one of my listings.  What are you supposed to say?  It's especially annoying when it comes from another agent... they should know better than to ask!  A buyer, I can  understand, because they're trying to guage whether their offer is going to be shot down immediately or not.

Oct 29, 2012 07:36 AM #127
Rainmaker
263,660
Wayne B. Pruner
Oregon First - Tigard, OR
Tigard Oregon Homes for Sale, Realtor, GRI

Of course you are right. But the other agent was right to ask.

Dec 04, 2012 09:06 PM #128
Post a Comment
Spam prevention
Show All Comments
Ambassador
1,147,378

Debbie Reynolds

Your Dedicated Clarksville TN Real Estate Agent
I Know Clarksville and Real Estate! May I share it with you?
*
*
*
Spam prevention

Additional Information