The current housing market presents significant challenges for sellers, who may prefer to delist rather than face negotiations that favor buyers amid high mortgage rates. Some sellers seek to quickly attract motivated buyers, but labeling as a 'motivated seller' can attract lowball offers. While 'motivated' suggests eagerness and flexibility, it may also imply desperation. Real estate professionals suggest that while 'motivated seller' signals openness to offers, it does not necessarily mean the seller wishes to lower their price.
Selling a home right now is an uphill battle. Recent data shows sellers prefer to delist rather than negotiate with buyers, especially with high mortgage rates.
Labeling oneself as a 'motivated seller' might attract the wrong offers. While it may signal eagerness, it can also lead to perceived desperation, inviting lowball offers.
'Motivated seller' translates to 'lowball me, I'm desperate,' according to feedback from a user on Reddit regarding listing language in the housing market.
When a seller says they are motivated, it signifies openness to offers, indicating a desire for activity that leads to offers rather than a price reduction.
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