AOL, 03/07/2024 | Stacks Property Search and Acquisition

What is seller fatigue and how can it impact you when buying or selling property?

Quoting James Greenwood of Stacks Property Finders

Pandemic pricing has also led to a gap between sellers’ price expectations and what vendors are willing to pay. “Many sellers think their properties are due the ‘pandemic premium’, achievable when houses were selling in super-quick time with some significant premiums attached. But this era is history; sellers must adjust their expectations,” says James Greenwood, MD of Stacks Property Search.

Greenwood says a key to avoiding seller fatigue is staying mentally focussed on your end point: “The seller will initially be looking at their onward purchase, and may find something they want to buy, but won’t be far enough along with a sale. “Stay motivated by continuing to look at the onward purchase; stay enthused and presenting the property in its best possible light. Don’t blame it on the selling agent and get frustrated with them if they’re doing their job properly.”

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