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if theyre your buyer clients are you having a buyer consultation to go over the homebuying process & methods to craft attractive offers? I agree with the previous post, are you reviewing the comps with them? How do they justify their offer price/terms? Another tactic might also be to run the comps on the listing agent & listing office to see how close to asking price they sell & what type of experience they have in selling homes like the subject property.
There are alot of buyers out there that want to write alot of offers and see what sticks, if that's their agenda and your comfortable working with them, then you'll just have to identify properties that are more likely to have "lowball offers" entertained more agressively. Some agents prefer to work with more traditional buyers who write offers based upon comps, others are willing to spin the wheel, it all depends on your own business plan/model & time involvement.
If your the listing agent, run the same comps on the buyers agent, ask to see what they base their offer on to flesh out the motivations of the buyer & situation. I counsel my sellers that there are buyers that love to attempt to write "lowball" offers. If all your getting is "lowball" offers, perhaps they're seeing something in the property that everyone on the selling side is overlooking.
Hope that helps,
Wed Apr 15 2009, 20:13