Dealing with unreasonable home sellers can be a nightmare for any home buyer. The best way to deal with this type of mean seller is not to compete with them. Sometimes people with different nationalities and cultures come off as rude. So, it is wise to listen to them and if required correct them politely. Always remember that you must set specific expectations before moving forward.
As home buying is a big investment, it is very important to develop a mutual understanding between seller and buyer. It is true that all are not equally knowledgeable and can handle a situation in the same way. But if both parties know what to expect and how to move forward, they can avoid potential roadblocks in the home-buying journey.
Sometimes home sellers set a home price that is far more than the home’s actual market value. Because there are memories attached to every room of the house, that’s why they use emotion rather than logic. In this case, a real estate agent can help them to be rational. At first, agents should be empathetic by acknowledging their emotions. Then consult with them and try to find out if there are some solid reasons for such a specific price.
As a real estate agent, you can encourage the home seller to get an appraisal. This professional second option can be a great tool to convince an unrealistic seller. It is better to select a state-licensed professional appraiser to get an unbiased opinion. A proper appraisal may help the seller to realize the property’s market value.