The Biggest Loser
A while back, I listed a house. The next day, the house next door also went up for sale with a different agent from a different agency. This Realtor was the competitive sort. Whenever, I advertised an open house, his open house sign would, coincidentally, also appear in front of his listing. Except, it wasn't really in front of the house; it was practically in the middle of the street and slightly to the left.
This was designed to attract all the traffic to his property. You noticed his before you noticed mine. It didn't really bother me and it never stopped me from yelling out, "Hey, how are you doing?" which he, of course, ignored.
About 3 months later, mine was Under Contract, but his wasn't. This was right before Superstorm Sandy and before the devastation of practically all the homes in the neighborhood. After the storm, mine was put on hold for a very long time while we remediated. Until that point, his still had not gone Under Contract.
One day, I found myself waiting at my (vacant) property for a tradesman. Next door was an estate sale and it was their son (who lived elsewhere) who was maintaining the property and trying to sell it. I had never met him before but, on that day, I noticed his truck in his driveway.
While I was waiting at my listing, I saw him walk over. He wanted to introduce himself and schmooze a little about selling price, etc. Obviously, I couldn't give him details, but we chatted, in general, about the market for a while.
Because the listing was to expire in 2 days, I got the feeling he was interviewing me as a replacement. Without thinking, I mentioned that I thought his house was priced just a tiny bit high and reducing it a little would probably make all the difference.
Well, he must have run straight home and made that call to his agent. Later that afternoon, I saw the price reduction on the MLS. Would you believe that 2 days later, the house was Under Contract?
It's only in the last few weeks that the real estate market you have out West has made its way to Long Island. I never imagined it could go so fast and I'm kind of kicking myself for blurting out the information that helped his agent sell the property, in the end.
The clincher is that several weeks later, both houses closed on exactly the same day. Now, what are the chances?
Talking too much is not normally something I have to watch but, on this occasion, maybe I should have shut my mouth - just sayin'...
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ABOUT THE AUTHOR: Graduate REALTOR Institute
Jill Sackler, NYS Real Estate Broker Associate based on Long Island's South Shore
Specializing in Lifecycle Real Estate Transitions
©Jill Sackler 2010