How important is the neighbors' influence when selling a home?

Asked by California Mortgage Broker, Oceanside, CA Wed May 16, 2007

I have heard stories of For Sale By Owner's who exhibit bad behavior to a listed property. Can the neighbors "blow the deal" for a seller?

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8
Teresa Board…, Agent, Saint Paul, MN
Thu May 17, 2007
BEST ANSWER
Neighbors can blow a deal for sellers. I have a post with some real life examples.
3 votes
Shawn Korby, Agent, Roseville, MN
Tue Mar 20, 2012
We have actually received feedback from a listing before that asked if we could contact the neighbor about cleaning up their yard - wow! This was a nice home listed somewhere around $275,000. The home did sit on the market for a while and we cannot help but wonder if that was based on the neighbor's home.
1 vote
Kristal Kraft, Agent, Greenwood Village, CO
Wed May 23, 2007
Neighbors certainly can make or break a deal. The condition of the yard or a barking dog can effect a buying decision.
Web Reference:  http://thedenver.blogs.com
1 vote
Steve Vennem…, Agent, Pine Springs, MN
Thu May 10, 2012
Neighbors are very important with the sale. They can make or break a deal in some cases. http://www.mnhomescontractfordeed.com/sherburne-county
0 votes
Irina Karan, Agent, Aventura, FL
Wed Apr 25, 2012
Wow! This happened to me once - I found out that my neighbors across the street told the prospective buyers SOOO many lies...it broke the deal. Just to give you a clue - they said that we were drying our stuff in front of the house because we got flood in our basement. The truth was we had a yard sale, and the neighbors visited that yard sale too.

We believe they lied because our daughter didn't want to babysit their kids any longer - could not come up with any other reasons for this behavior...

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
0 votes
Teresa Board…, Agent, Saint Paul, MN
Wed Apr 25, 2012
wow this is a blast from the past it just came to me via email
0 votes
Steve Vennem…, Agent, Pine Springs, MN
Tue Apr 24, 2012
Neighbors are very important they can blow a deal. Keep them happing till the home is sold maybe new owners will get along with them. http://www.mnhomescontractfordeed.com
0 votes
Rick Whitten, Agent, Cross Lanes, WV
Tue Mar 20, 2012
Nieghbors can influance a possible buyer in several aspects. If the neighbors property is not being maintained properly that also could be an issue for a buyer. IF your home has had some repair issues and neighbors know, they almost always disclose to the buyers your problems. I always recommend full disclosure, better if you let a possible buyer know upfront, if it is discovered from the neighbor or inspection you have a trust issue that probably will kill the deal.
0 votes
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