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Showing Your Own Home

We've talked here before about the many reasons it's a good idea for a seller to leave the house when the house is shown to a potential buyer. But sometimes it's good to hear from a source other than myself!

So here are the words of an agent in Tampa, Florida who tells us why he loves it when sellers insist on helping to show their home!

I love to ask the sellers questions and see how they answer. I had one seller tell me all about the work he did on the house. He spoke so proudly but forgot that he should have kept quiet as he had never pulled permits, and never put that in the property disclosure.

I have found that the sellers are always so proud to talk about their house that they always seem to say something that weakens their position and that we can use to our negotiating advantage. It is just important that we listen to what they say. Even if they do not say anything wrong I listen to what they love most about their home. I then always describe what my buyers loved when I make the offer. And of course the buyers love everything the seller is so proud of. They often accept lower offers because the buyer loves the same things they do.

When the listing agents at some companies tell their seller they should show the home as who knows the home better, I think instead I wonder what great nuggets of information I will get from the seller.

Little do they know they are probably going to lose thosands of dollars, by showing their home.

Don't give your negotiating leverage away! Don't cost yourself money! Leave when the buyers come through. And, if you absolutely, positively can't do that due to some personal circumstance, consider a piece of duct tape placed strategically across your mouth! My hunch is the buyer's agent wouldn't dream of asking you a question after seeing that!

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re: Showing Your Own Home

Posted by: mi hee chang
Date: Jun. 1, 2007
I lost the deal beause my seller talk too much without me.  my seller said that they can down the price lower but buyer did not believe and ask more.  I advised them never talk to buyer except good things about house.

re: Showing Your Own Home

Posted by: Julie Emery
Date: Jun. 1, 2007

Thanks for your comment!

Sellers definitely always believe they're being helpful. And I have seen a few cases where that was true. But in the vast majority of the cases it's a huge mistake! Best to just advise everyone to get out of there!

Julie


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