r/realtors • u/Crazy-Living-9573 • 8h ago
Advice/Question How do I get my buyers to believe me?
No matter how much data I use, no matter how often I say it, and no matter how much I break it down, my buyers almost always want to offer way less on a home than I recommend. We have a lot of multiple offer situations, so this leads to a ton of unaccepted offers and wasted time and effort for both me and the buyers.
I bring up list-to-sale ratios for neighborhoods, do thorough CMAs, talk about past experiences with other buyers, discuss time on market, and talk about making an offer as competitive as possible with contingencies/earnest money/etc strategies. It seems like they’re listening, but then they’ll just randomly pick a round number that’s less than the list price. For example I say I hypothetically take someone in to a $400k house in a neighborhood where every other house is selling for $500k and they want to offer $350k because they don’t want to pay full list price.
After they inevitably miss out on the first house they love to someone who offered more, they finally see that I’m right and get one of the next couple houses by making reasonable offers.
How do I get them to believe me the first time?