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Value is In the Eye of The Beholder

Posted at 9:03 AM, Nov. 18, 2009

Despite what we know to be true, there are still those who refute all wisdom for desire.  That is the best way I can sum up sellers who refuse to see the evidence in front of their faces, telling them, what the market value of their home is. 

I have gone over the data, addressed the emotions, even tossed my hands in the air.  You can't make a blind man see.  We are taught that with logic and careful teaching, even the most stubborn of clients will see the light.  You just need to educate them.  Wrong.

I find that even the best argument is no match for the aspirations that lie within the human soul.  You can't make a student out of some one who doesn't want to learn.  For some, that means the hard way. 

Unfortunately, as professionals we will continue to be the fall guy for those bad decisions, many of which, are irreversible.  It is sad to think that our public image does little to emphasize our experience and expertise really does count for something.

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RE: Value is In the Eye of The Beholder

Posted by Anonymous at 10:54 PM, Nov. 18, 2009

Julie,

I'm certainly not a realtor, but I've been studying every listing as they come out three times a week for the last six months in a certain area.  I've come to the point where some new listings come out and I say, "Are you kidding?"  I can tell right away that I'll be seeing that house in a couple months with a "Price Reduced" label, and then the next couple months with another one, etc.  And of course, then there are those homes that are priced right, which disappear right away.

So, I can only imagine how frustrating it must be for you as a realtor with all your experience and expertise.  I think maybe sellers should be assigned to follow each listing in their area carefully for a year before settling on a price.  Haha!  That probably wouldn't even help.  We are each attached to our own measurement of value!  You are right.

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