[5-DayForum] Vancouver-WA -- Day 4

[Bill Effros]

Jim,

There is no pattern to the inspection, initial bidding, and 
round-robin.  They differ according to who is running the sale, and who 
shows up.  The only common factor is the attempt on the part of the 
sellers to discern a pattern, and predict an outcome.  Everyone does 
this, myself included.  Sellers are always surprised when their 
predictions are far off the mark.

The most important thing is for the seller to maintain a neutral public 
position and let the bids fall where they may.  Try not to play 
favorites; remember you are just the referee.  This is the path to the 
highest bid from the best buyer.

I have changed your subject line to Place/Day so that people who don't 
read every email on this Forum can focus on your experiences if they 
choose to follow your experiences.  This format has proved useful to 
people who join the Forum long after your sale is completed.

Bill Effros

PS -- Calls are not a reliable indicator -- nothing is.



James Fleming wrote:
>
> 5-Day in Vancouver, WA. -- The housing slump continues to be a source 
> of frustration for sellers and a boon for buyers.  Today was my first 
> of two 11 to 5 open houses.  Roughly two dozen people actually showed 
> up; only 5 left bids.  If calls are a reliable indicator, I am 
> expecting most of my traffic tomorrow -- as many as 40, possibly 
> more.  We'll see.  Is this in line with what others of you are 
> experiencing?
>
>  
>
> Good Selling!
>
> Jim F.
>
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