Realtors Battling Sellers Over Fixits-Why?

Picture Credit to Bill Longshaw

I viewed a hilarious Realtor blog video today that I had to share. The Realtor was fired by the seller because their home didn’t sell. The Realtor went on to say that he supplied the seller with a list of fixits. The seller didn’t do any of them and their home didn’t sell in its as-is condition.
He than went on to say that the sellers were chain smokers and the stench was driving away buyers. The stench was absorbed in the carpet and paint. The sellers did nothing and they couldn’t understand why their home was selling so the agent was fired.
I commented on the agent’s blog stating that agents tell me the same thing. The sellers aren’t fixing anything, so how do I sell the property? In my comment, I stated instead of fighting the seller to fix repairs or in this case get rid of the stench, to advise or better yet advertise to potential buyers that new carpet and paint and even new appliances can be included with the purchase of this property.
Not in the form of a seller concession, but in the form of a 203k Streamline loan. It fixes all the above problems and can limit the begging and pleading of the seller to fix something.
Using the 203k Streamline to sell a vision may be easier than bickering with a stubborn or broke seller and in many cases will create a vision for homebuyer knowing they have funds waiting to fix or tailor the home to their liking.

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Best KW

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5 Comments

  1. Posted November 2, 2010 at 11:15 am | Permalink

    I totally agree Kevin! The K loan has the potential to customize the home for the buyer, allowing the seller to move on and the agent to create a strong relationship.

    May I submit this article/post to the 203KForum.com?

    Gary Smith
    Mississippi Consultant

  2. Posted June 2, 2011 at 4:01 am | Permalink

    This is an honest little book, outlining and providing you with information that the trade shows and REI trainers don’t tell you.

  3. Posted June 15, 2011 at 5:11 am | Permalink

    This is really nice and the article was so great when you read..I love this to much ..Thank you 🙂

  4. Posted June 21, 2011 at 2:55 am | Permalink

    I totally agree with you! The K loan has the potential to customize the home for the buyer, allowing the seller to move on and the agent to create a strong relationship.Seems like you gave him some advice he needed to hear!Thanks for sharing.

  5. Posted June 19, 2012 at 7:25 am | Permalink

    203K loan sounds like a great idea. I just wonder who will apply for the loan?

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