[5-DayForum] End of Day 2 in Lynnwood
Bill Effros
bill at effros.com
Fri Aug 3 12:22:18 EDT 2007
thanks Todd,
Bill Effros
Todd Smith wrote:
> Monica:
>
> I'm pretty sure Bill will say that you DO count the guy who backed
> out. Remember, you are counting 25 Calls/Emails only for the
> response. He even says to count Realtors even if you are not dealing
> with Realtors (on their terms) at your sale.
>
> The important thing is that if 25 people contact you by Friday, it is
> the best gauge that at least 3 real buyers saw your ad and will show
> up to bid.
>
> Now concerning the folks who seemed to show serious interest, then
> backed out...
>
> If these folks saw your ad, i.e. "Will be sold Sunday Night to the
> Highest Bidder", then certainly they already knew they would be
> bidding against other folks. Even if someone told them about your ad,
> the whole thing that gets folks attention is "highest bidder".
> Otherwise, its just another Sunday open house like the Realtors run
> every Sunday.
>
> I know it can be an emotional rollercoaster when someone shows intial
> strong interest and then backs out, but just be glad he made your
> magic number of 25 calls! Plus, who knows, they may show up anyway
> and be the high bidder!
>
> Question... You probably already told us, but I don't remember, did
> you use "Best Offer" or "Best Reasonable Offer" in your ad?
>
> Sounds like things are going great so far... Good luck and God bless
> you on your sale!
>
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