Hello guys today we’re going to talk about the mindset you should have before you decide to sell by owner. As I’m sure you’ve heard before, Mindset is everything. As someone once famously said, the man who thinks he can And the man who thinks he can’t both are usually right. The reason I emphasize mindset is because you’ll need a lot of internal strength when you sell by owner in New York. You will have to deal with constant harassment from brokers and their junior assistants.
You would think that people would respect your privacy. That is certainly not the case and even a civilized city like New York. If you think I’m joking or underestimating the problem you’re certainly mistaken. I’ve read stories from fellow friends who have literally gotten 200 broker cold calls in the span of a week. If you are not prepared for something like this I would advise you to seek another solution. As one friend told me, it’s not hard to sell by owner in New York, It’s only hard because of the constant harassment from brokers. Another interesting problem is that you can’t be angry at the brokers either and you’ll have to have a lot of patience despite their constant calling. The reason you can’t be angry at them is they are very important. And the reason they are important is because they still represent 80% of the current buyer base. So I’ve had friends try to sell by owner post on their listing “no brokers please.” That unfortunately is a mistake. In fact that is one of the most common rookie mistakes of for sale by owner homeowners. Homeowners think that by saying that brokers will not harass them, but in reality only brokers with buyers will not speak to them. And in fact, the listing brokers or brokers with nothing better to do and lots of free time on their hands will continue to constantly harass you. So by saying no brokers please, you’ve actually offended the broker community and did nothing about the harassment issue. We will of course talk about this previous problem in future posts, but it is sufficient for this post to warn you that You must have persistence like Churchill had when he faced the Nazis In 1940. Another issue is the number of fake bids you’ll receive and fake inquiry you’ll receive from brokers. Brokers will literally Create a fake e-mail accounts to send you Fake Bids Just to frustrate you. Since brokers don’t have an actual way to prevent you from trying to sell by owner, all they can do in NYC, is to have their legions of junior brokers and agents annoy the hell out of you. I’m not going to tell you too much more but hopefully you have a good idea now of just how frustrating the process can be. Selling by owner in NYC is one of the worst experiences of someone who can go through. But it doesn’t have to be like that, keep reading and I will share all the secrets and tricks that we’ve learned throughout the past few years selling by owner successfully!
0 Comments
Leave a Reply. |
Scott McFarlsOne man's experience in selling by owner in the world's greatest city Archives
September 2016
Categories
All
|