Follow Us: Google+
 
Bankrate.com

real estate

Home sellers, don't take offers personally

Real Estate » 4 Emotional Mistakes Made By Home Sellers

4 emotional mistakes made by home sellers
Slide 5 of 5
Back
4 emotional mistakes made by home sellers

When you're selling your home, it's easy to take everything personally. But doing so is a big mistake, according to Fiona Dogan, a realtor in the Rye, N.Y., office of Julia B. Fee Sotheby's International Realty.

"Sellers need to become emotionally detached very quickly from their homes," Dogan says. "By its very nature, a real estate transaction is aggressive and confrontational since the seller wants the highest price and the buyer wants the lowest."

That negotiation almost always means a buyer will point out every flaw with the property. But while hearing that information may sting a little, it's really a good sign, according to Dogan, because it means the buyer is serious.

"A seller needs to be ready to hear criticism of their lovely home and be able to deal with it as a negotiating tool and not take it as a personal affront and walk away from a potential sale for emotional reasons," Dogan says.


Slide 5 of 5
Back

 

advertisement

Show Bankrate's community sharing policy
            Connect with us
Compare Mortgage Rates
Zip code:
Product:



advertisement
Most Read
  1. Headlight requirements by state
  2. Nick Nolte's house for sale
  3. 8 eerie ghost towns
  4. 7 sedans for the young at heart
  5. Social Security traps to avoid
  6. 8 affordable, classic cars for retirees
  7. 10 cars for a midlife crisis
  8. 7 Social Security benefits
  9. 9 gas-only, fuel-efficient cars
  10. Top 10 states for foreclosure
Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
3.67% 3.62%
15 yr fixed mtg
2.80% 2.76%
5/1 ARM
2.60% 2.58%
30 yr fixed mtg refi
3.65% 3.61%
View rates in your area:
 

Feeling lost in the mortgage wilderness?

Let Bankrate's Mortgage Analysis be your GPS. This newsletter tracks our exclusive mortgage features, rates and tools. Delivered Thursdays.
 
advertisement
The CFPB ordered a Texas homebuilder to return more than $100,000 in illegal fees.
Partner Center
advertisement

Advertising Disclosure: Bankrate.com is an independent, advertising-supported comparison service. Bankrate may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.