Generosity in a real estate transaction? Why not?

By
Real Estate Agent with Better Homes and Gardens Real Estate Metro Brokers

Generosity in a real estate transaction? Why not?Not everyone is driven by the bottom line. Many buyers and sellers have an ultimate purpose that may or may not include the notion that NO money should be left on the table.

Many people are generous by nature. They may very well know that they are paying too much or selling for too little, but the money isn’t all that important to them.

Acting in a buyer or seller’s best interest does NOT mean negotiating down to the last penny. Many a deal is lost over a few measly dollars.

Buyers want to get a property they want at a price they are willing to pay. Sellers want to move their property at a price they will accept. As long as the buyer has the ability to pay it is a fair market transaction.

There is nothing wrong with a generous spirit.

Actually, it can be quite refreshing.

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  1. Debbie Reynolds 10/22/2012 08:23 AM
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Topic:
Real Estate Best Practices
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Diary of a Realtor
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Rainmaker
431,661
René Fabre
New Media Marketing
First American Title

Great post! And, case in point. When I purchased my 2nd home (and I wish I still had that one) We bought it from about our same age. He grew up in a neighborhood adjacent to where I grew up and we knew a lot of the same people and went to several of the same schools. Even though our offer was slighty less (this was during an uptick in the market and offers were always higher than the listing price) they accepted our offer. Why? They felt better selling it to us with 3 young kids and knew we'd really love the place and take care it. And, we did love it very much and took great care of it for several years!

 

October 22, 2012 09:17 AM
Ambassador
781,000
Charlie Ragonesi
Homes - Big Canoe, Jasper, North Georgia Pros
AllMountainRealty.com

Richard I givern the way I do business by the philosophy written in this blog. This does not mean I do not work hard for my buuyers or sellers. But i work in a fair and just manner

October 22, 2012 10:35 AM
Rainmaker
413,835
Patty Da Silva, Davie, Southwest Ranches Cooper City, Plantation, Weston, REALTOR
Top Listing Broker
BROKER of Green Realty Properties® - 954-667-7253

I will never understand why people walk away from a transaction they're willing to pay hundreds of thousands of dollars for because of a few extra bucks. I love when people are reasonable and see the bigger picture.

October 22, 2012 12:53 PM
Rainmaker
216,511
Michael Blue
REALTOR - 760-889-8877, Encinitas/Carlsbad
Home Smart Realty West

Richard, you are correct sir, just sold a home and I know we could have countered and got a few thousand more..but...they just wanted to move,  I didn't make a deal about it because they were happy.  It's up to the client want they will or will not accept at the end of the day.

October 22, 2012 03:27 PM
Rainmaker
1,660,278
William Feela
Realtor, Whispering Pines Realty 651-674-5999 No.
WHISPERING PINES REALTY

Refreshing and also makes for a much easier closing on booth sides.

October 22, 2012 03:47 PM
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Richard Weisser

Richard Weisser Coweta Newnan Homes for Sale
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Additional Information

Author Bio: Richard Weisser is a Georgia real estate broker, licensed auctioneer, and has been writing about Georgia Real Estate since 1999.

Coweta Fayette Real Estate offers opinions and helpful information to consumers and real estate professionals in the Coweta County Georgia area.

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