4 Ways Sellers Can Be Greedy with Agents

4 Ways Sellers Can Be Greedy with Agents

As an agent, it is important to never let yourself fall victim to the manipulation of sellers.

When selling a home, agents always run the risk of being taken advantage of by a seller. They are irritated and tired – all they want is to take their money and leave. For this reason, homeowners might behave greedily thus jeopardizing the whole deal and giving the agent a hard time bringing them to reason. These are the signs of an overly greedy home sellers you need to keep an eye for to prevent things from getting out of hand:

Asking realtors to lower the commission.greedy seller

This is where sellers tend to manipulate agents most often. Though it seems ridiculous, many sellers get angry that agents receive a part of the payment for the house. Agents devote a tremendous amount of time and effort when selling a home, and sellers tend to take it for granted. Stick to your commission rate, and don’t let a seller persuade you into lowering it. Your company has a fixed rate for a reason.

Neglecting to clean their homes.

There is a monetary factor that comes with selling a home, and it demonstrates itself in the form of cleaning and repairs. Before a home is offered for sale, it is common sense that the home should be professionally cleaned and prepared for the new tenants/owners. Refusing to do so is another sign of a greedy seller. If they make a fuss over such a small sum of money to have their home cleaned for the next inhabitants, they will not be easy clients to work with.

greedy seller

Failure to conduct repairs.

Another monetary factor. Home repairs are another aspect of selling a home that, with general courtesy, should be done prior to actually selling it. Failure to do this is another red flag, as you’ll be dealing with a seller who refuses to spend money on necessary repairs.

Constantly rejecting offers.

If no offer seems to be good enough, you are dealing with a greedy seller. This happens all too often, as a perfectly fine deal will be put on the table, and a seller will immediately reject it. While it is normal that a seller wants to make as much money on the sale of their house as possible, failure to come to a compromise or be flexible with the asking price is a strong sign that your seller is fueled by greed.

COMMENTS