Motivated Sellers . . . & Realtors!

Trolling for Offers

I don't know how motivated Sellers are at the moment, but their Realtors sure seem to be!

I showed perhaps half a dozen condo's within a mile of Lake Calhoun over the weekend, which means that today is "feedback day."

If you didn't know, it's customary for the listing agent, who represents the Seller, to shoot an email form to the Buyer's agent requesting feedback.

The forms vary a bit by broker, but basically, they all inquire about the property's condition (inside and out), staging, the prospective Buyer's opinion as to price, and future interest.

Lukewarm Interest

My client is just starting out, which means that they're learning the market, and not yet ready to buy. On top of that, they didn't love any of the choices.

Which is pretty much what I relayed to the various listing agents via the feedback form.

Notwithstanding that very equivocal feedback, almost every listing agent left me a voicemail indicating that the Seller was motivated, and asking what might get my client to consider making an offer -- any offer -- now.

That doesn't happen in Seller's markets.

I suppose the alternative explanation is that, 10 days ahead of Thanksgiving, the listing agents have a little extra time to follow up.