J. Philip's Westchester Real Estate Blog: CLOSED- Because the Seller and Broker were a TEAM

Commentary from J. Philip Faranda, REALTOR, top-producing independent Broker-Owner in Briarcliff Manor, Westchester County, NY. I serve the Hudson Valley, including Westchester, Putnam, Rockland, & Dutchess Counties. I had the privilege of closing 100 clients & customers in 2007-2008.

CLOSED- Because the Seller and Broker were a TEAM

10 McDougal Lane in Cortlandt Manor closed Friday, December 4. I listed it September 5, we had 2 offers by mid October, and it went under contract  10/31. The buyers went FHA, so it was a little bit of a wait from there. This is not to pat myself on the back, but rather to pat the seller on the back. 

Every so often, a seller "gets it." They are eager to know what I know, and they follow my recommendations as best they can, often to the letter. And guess what? They get what they want. Case in point: There was a home very similar to our listing that was priced in the low 300's for quite a while. It looked like the same house on a nearby street and the builder and architect were probably the same guys.  After some time, that other listing cancelled at $309,000. 

My view was that if we priced at 299,000, we'd get more and better eyeballs on our place. And even though the economy was crummy and the autumn was less than ideal, we averaged a showing every 2.5 days until we got our accepted offer and the thing got put to bed in early December. Price points matter, and my client saw what I saw. We collaborated well as a team, handled the negotiations and inspection issues like soldiers and now the guy can have a Christmas without the old house to worry about. My hat is off to him. 

It goes without saying that there are dozens of homes in that zip code that were for sale when John's house went up for sale that remain unsold. The moral of the story? Find the right broker (like, for instance, ME), take their coaching, and be a team. 

10 McDougal, Cortlandt Manor

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7 commentsJ Philip Faranda • December 07 2009 08:13AM

Comments

It is nice when both want a win-win for their clients.  Not easy...  Best Regards,

Posted by Edward & Celia Maddox (Solutions Real Estate) 7 months ago

I recently took a listing and one of my questions was "What kind of sales price are you looking for?" Seller's answer: I'll leave that up to the professional. Score!

Sounds like you had one of those great sellers.

Posted by Julia Odom, Chattanooga Real Estate (Select Realty Professionals) 7 months ago

Great to have seller's who listen to the "professional" they have hired to sell their house.  And you are right, when sellers listen, they get offers!

Posted by Lani Sussman Oakland County MI. Specialist (Max Broock Realtors) 7 months ago

Great, I am going to put that on my perfect seller's list. Seller and I are a DREAM TEAM!

Posted by Eileen Hsu (許小姐) Manhattan NY Real Estate (Prudential Douglas Elliman) 7 months ago

Those are the best sellers in the world. Congratulations on the successful team work.

Posted by Barb Szabo E-pro Realtor Cleveland Ohio Homes (RE/MAX Trinity) 7 months ago

It's a relationship from the beginning. Reading this post tells me it was/is a good one. Congratulations.

Posted by Robert L. Brown~Grand Rapids Real Estate Bellabay Realty, West Michigan (www.mrbrownsellsgr.com) 7 months ago

Congratulations on successfully listing a home with a seller who got it. To many more this holiday season.

Posted by James K Barath, CMPS - Northwest Indiana FHA Loan Expert - Benchmark Mortgage (HUD Approved Lender: 219-926-1600) 7 months ago

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