Special offer
Anthony Acosta - ALLATLANTAcondos.com, Associate Broker (Harry Norman, REALTORS® )

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Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

well, you have full control of what YOU do but that's where it ends....some ponies can't be "broken".... your choice is to stay with them and keep trying to "firmly" reason with them or cut them loose.

Jan 19, 2016 09:37 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Unreasonable and unrealistic sellers.

These are the folks who hired you and you hired them.

What I typically find is situations like this is I FAILED to ask sufficient questions at the start. I did not discover their 5, 6 and 7. 

Now is the time to 'Turn towards' in your conversation and ask "Tell me more."

Remove from your spirit the judgment of unreasonable and unrealistic. NO ONE will have a beneficial discussion with another who they feel has JUDGED them. No one likes to be judged.

"Tell me more?" is the orientation you must achieve then be vulnerable and genuine and get on the same page with the owner. Be aware, the outcome may be that the SOLUTION(S) you provide are not a good fit for the outcome, need, or problem the owner embraces. If you shake hands and part ways, know it is your solution that does not fit. It is not a rejection of you.

Best of success to you

Annette.

Jan 20, 2016 12:02 AM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Anthony,

I stand with Barbara Todaro and Dorie Dillard on this one.  A

Jan 20, 2016 05:14 AM
Rainmaker
1,661,936
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

You're fired.  You'll love the look on their faces!  

I've fired clients when they are totally unrealistic.  I've come right out and asked "what is your problem?"

Jan 20, 2016 12:26 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Have "the discussion" in advance of signing the listing agreement, and "remind" the seller of the clause that obligates them to pay you the commission for an offer that meets or exceeds the stated requirements in the listing agreement, regardless of whether they accept the offer or not!! 

Jan 19, 2016 11:12 PM
Rainmaker
556,536
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

Next!

Jan 19, 2016 09:54 PM
Rainmaker
152,661
Chrissi Chapman Topoleski
Coldwell Banker Realty - Woodbridge, VA
Helping agents live an exceptional life!

Are they holding out for a full price offer? 5 is alot to reject!

Jan 19, 2016 09:46 PM
Rainmaker
5,005,625
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I'm with Barbara Todaro on this one. You have a choice..after 5 offers and they can't come to terms and they won't listen..you may have to cut them loose!

Jan 19, 2016 09:42 PM
Rainmaker
1,209,215
Amanda Christiansen
Christiansen Group Realty (260)704-0843 - Fort Wayne, IN
Christiansen Group Realty

Fire them and move on.  Stop wasting your time.  

Jan 20, 2016 05:34 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Sounds like these sellers don't want to rely on your information.  It's your call whether to continue with them or cut them loose.

Jan 20, 2016 04:43 AM
Ambassador
1,452,819
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

I've had Sellers decide, between signing the listing agreement and receiving an offer, that they no longer wish to sell.  Frank discussions are needed and sometimes you just need to take your ball and go home!

Jan 19, 2016 10:54 PM
Rainmaker
1,157,785
FN LN
Toronto, ON

It depends on the particular situation.

Jan 19, 2016 09:34 PM
Rainmaker
979,496
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Anthony - You really only have two choices, as Barbara Todaro said. You can either continue to work with them and try and convince them that their property is priced too high, and to accept the highest offer, or cut them loose.

To me, it doesn't sound like they need to sell, or even want to sell that bad.

Jan 21, 2016 05:36 AM
Rainmaker
5,868,482
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Anthony, that would be tough!   Five offers will tell those Sellers what the public thinks the property is worth. 

Jan 20, 2016 10:58 PM
Rainmaker
7,836,134
Roy Kelley
Retired - Gaithersburg, MD

You share the facts that include the information on the market. The decision is up to them.

There will never be a shortage of unrealistic clients.

Jan 20, 2016 05:40 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Anthony Acosta Red flag! They don't really want to sell. Next!!

Jan 20, 2016 04:37 AM
Rainer
27,241
Mandi Null
Friends & Neighbors Real Estate - Elkhart, IN

Thanks for posting this question, as this is a topic being discussed in my class right now. Nice to see all the answers and get a feeling for what seasoned professionals would do. I will have to note these and remember for future reference.  Have a great day!

Jan 20, 2016 04:04 AM
Rainmaker
4,272,548
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I take my qualified buyers elsewhere

Jan 20, 2016 03:17 AM
Rainmaker
2,241,053
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

If a buyer wants more house than they can afford and if a seller says no go unless way more than it is actually worth today, pass. Go fish. Go hunt. For other listings, healthy not dead ducks to ROI hit the moving targets. Sometimes the listed price is the selling price and zip for wiggle room happens Barbara Todaro !

Jan 20, 2016 02:29 AM
Rainer
42,670
Fred Hafdelin
Weichert Realtors - Mountain Lakes, NJ

withdraw the offer and tell the sellers agent to call you if the seller wants to reconsider the offer.

Jan 20, 2016 01:38 AM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

A conversation that should have been had in the beginning!

Jan 20, 2016 12:34 AM
Ambassador
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I'd have a come to Jesus discussion with the seller and get to the bottom of why they are not accepting an offer. If we can't come to terms then I would release the listing.  Next.

Jan 20, 2016 12:31 AM
Ambassador
5,049,058
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

You have a choice just as they do. I'd say that after all this and providing as much justification based on the market data  as you can, then I' not sure what else you can say but thanks and good luck

Jan 20, 2016 12:28 AM
Ambassador
6,393,179
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Let them know that they are paying you because you are the professional and let them know what to expect and how to react to these, and when to accept.

If they are not ready to sell then send them a bill and be on your way to the next client.

Jan 19, 2016 11:46 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I have this conversation wth them before even getting any offers. The need to be resonable if a sale will ever happen

Jan 19, 2016 10:51 PM
Rainmaker
2,781,173
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Become a good listener. You must learn and look for hints about how to open that door. It will come out in a frank discussion not a business driven one

Jan 19, 2016 10:30 PM
Rainmaker
1,052,211
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Were any of those offers cash, full price? Does your listing agreement stipulate that if you procure a RWA buyer for list price, you have performed your duty and earned a commission?
If not, can you explain further what seller thought was wrong with 5 offers?

Jan 19, 2016 10:15 PM