Interpretation of Seller Behavior

Good houses at reasonable prices, in my experience, don’t stay online for long. Of course, there can be a thousand reasons why this place is still available, that’s true. But it could also be that the price simply isn’t feasible for this area and this house. I therefore find it absolutely right to make a final offer now. Waiting a week for a financing commitment is no longer the norm, unless the client still owes documents. The market is far too hectic nowadays for such long waiting times. Keep us updated, ...

Yep. I only know it that way too, that at least *reserved* appears relatively quickly. The seller doesn’t do that because of failed financing attempts. And that, in turn, is a sign of an overpriced property. I don’t agree with you on the processing time. Maybe the local banks are faster in that regard.

It may be that we are faster there. At least we have sometimes had financing discussions with us well past 10 p.m. because the customers were in a hurry. That is likely to be more difficult at ING.

Of course, many customers now work in advance as well. If all necessary documents are already available, then the advisor can also send out a preliminary financing confirmation via email. Everything is then settled by the notary appointment. Anyone who starts by gathering everything together first will also have to expect longer waiting times with us.

Short update: have had no further contact. We are waiting. The house is still available for 430k on all portals. The last message referring to a family standing just before financing confirmation for 420k is already 2 weeks old.

Two days ago the seller only added a note sounding annoyed at the beginning of the listing texts:

“OK, since apparently all agents can’t read to the end:
NO AGENT INQUIRIES! NO AGENT INQUIRIES! NO AGENT INQUIRIES!
Maybe reconsider your disproportionate pricing model.”

"OK, since apparently none of the realtors can read to the end:
NO REALTOR INQUIRIES! NO REALTOR INQUIRIES! NO REALTOR INQUIRIES!
You better reconsider your disproportionate pricing model."

Was that about the disproportionate pricing model really included? :D
It seems he changed the text again. Now it says:
"NO REALTOR INQUIRIES! Thanks. I MEAN REALLY NONE!!!!"

One can now speculate whether a realtor also appraised the property "too low" for him. Or whether he rather means the realtor commission, which he, as the seller, also has to pay starting from 1.1...

I have just copied the text 1:1 from [Kleinanzeigen] ;)

Two days ago, the seller only added to the listing texts with an annoyed-sounding note at the beginning: "OK, since apparently all brokers cannot read to the end: NO BROKER INQUIRIES! NO BROKER INQUIRIES! NO BROKER INQUIRIES! You better reconsider your disproportionate pricing model."

In my reading, this fuels the speculation that the seller needs every extra thousand he can get for financing his replacement property; and he apparently sees the broker guild as the main culprits who drove the price to the level he has to manage. The brokerage commissions, rightly perceived as disproportionate when measured against performance, are unfortunately indispensably required. The real estate market would come to a standstill if all incompetent brokers were allowed to starve. Unfortunately, their share is so high that, in a way, the duds in this industry are system-relevant.