Warren County Ohio Real Estate News and Observations: Do You REALLY Want Showing Feedback?

Do You REALLY Want Showing Feedback?

Some sellers want showing feedback.

Some sellers don't care.

Personally?  When I'm marketing a home for sale, I'm really only looking to answer ONE question:

Will there be an offer?

Not to sound arrogant, but I'm not interested in the other side's opinion of whether the home is overpriced, priced right, or underpriced.  I've done that research going in, and if I've truly overpriced it, I know it, and I've made sure the seller already knew it.

If there's a condition issue, we went into the deal eyes wide open, so that's not a surprise either.

It's true, sometimes sellers don't want to believe what their listing agent tells them, and maybe hearing it from a few other agents might be just the ticket to getting the listing agent's concern to register.

But there's another risk with showing feedback and the reason we don't allow the automated feedback to go straight to the sellers:

Drama

We can argue that once a home is on the market, it's just a commodity.

But the reality is it's way more than just a commodity to the owners.

In some cases it's been there home for decades.

It's the home where their kids went from small to adults.

It's the place they put sweat into changing.  Remodeling, landscaping, lots of dollars and lots of hours.

So when the feedback comes back and it's not favorable, it can sting.

The buyer's agent might think they're doing the seller a favor by speaking their version of the "truth", but chances are strong the seller isn't going to see it that way.

And that's just one potential source of drama from feedback.

We've had agents basically self-advertise in their feedback.  "I sold the home on the same shared driveway and two more on their street, so I'll tell buyers about this one!".

Just a way of establishing they know the area?

Suggesting to the seller if you don't like your agent, I'm an expert?

Regardless, it's not something I want in front of our sellers, not because I'm insecure in our abilities or the relationship we have with our clients, but statements like the one above are just another source of potential drama.

So our practice?  Any showing feedback provided to us gets summarized down to the essentials to be communicated to the sellers.

Less drama.  Less stress.  Still effective.

That's the goal.

Serving Greater Cincinnati home buyers and sellers,

Bill & Liz aka BLiz

Serving Warren County Ohio & Adjacent Areas

 

The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS, Ohio License SAL.2002007747

William (Bill) Spear, CRS, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418

MailTo:  Liz@LizSpear.com

Search Homes:  Https://WarrenCountyOhioRealEstate.com

Our Website:  www.LizTour.com

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Comment balloon 4 commentsLiz and Bill Spear • October 05 2019 02:34AM

Comments

I'm with you! I just want a Yes to ONE question:

Will there be an offer?

 

Posted by Michelle Carr Crowe,Altas Just Call...408-252-8900!, Family Helping Families Buy & Sell Homes 40+ Years (Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty) 11 days ago

Good morning Bill. This is excellent and I agree with your conclusions too.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) 10 days ago

The BEST feedback is an offer. Who cares about anything less?

Posted by Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate (United Real Estate) 10 days ago

Hello Liz and Bill:  be careful what you ask.  Do you really want the answer when you ask for feedback?  Hmm...kinda makes me think of the ActiveRain Q&A section.   Unintended consequences at times.  

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 10 days ago

Participate