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Real Estate Negotiation Narrative

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Questions and Answers

What reason did Dusty give for not renewing the listing?

Dusty wanted to watch more house renovation shows before deciding.

Dusty believed the house was already at its maximum value.

Dusty was planning to update the house based on advice from a cousin who renovates houses. (correct)

Dusty thought the real estate market was not favorable for selling.

How did Dusty react to the potential buyer's withdrawal of the offer?

Dusty increased the price even further.

Dusty seemed to doubt the seriousness of the buyer. (correct)

Dusty decided to lower the price immediately.

Dusty stopped communicating with the seller.

What was the seller's response when Dusty mentioned the staged house renovation shows?

The seller agreed and decided to update the house right away.

The seller ignored Dusty's comment about the shows.

The seller disagreed and believed Dusty's cousin's advice would be valuable.

The seller expressed skepticism about achieving a $1 million offer. (correct)

How did Dusty initially react when informed about the potential buyer not increasing the price?

Dusty decided to wait and cool off for a few days. Signup and view all the answers

Why did Dusty mention watching shows about updating houses to increase value?

To justify not renewing the listing. Signup and view all the answers

What was Dusty's reaction when presented with an offer of $500,000 for the house?

Dusty seemed insulted and expressed frustration. Signup and view all the answers

Why did Dusty compare the house offer to retail shopping at S-Mart?

To indicate that the $500,000 offer was unacceptable. Signup and view all the answers

What did Dusty think about the $1 million valuation of the house?

Dusty thought it was an insult to offer less than $1 million. Signup and view all the answers

How did Dusty react when told that a counter-offer might be possible?

Dusty insisted on sticking to the $1 million price. Signup and view all the answers

What did Dusty believe about the house's worth based on the county's valuation?

Dusty thought the valuation was reasonable for selling at $1 million. Signup and view all the answers