At The Mercy Of The Market

“At The Mercy Of The Market” was mentioned briefly in our July 1st post, Sellers – Fight In Your Own Weight Class.

In it we identified the “market” as simply the competition. But what or who is the competition? In our terms, it is anybody or anything that can get in the way of a sale! Any of these can present obstacles to closing. Continue reading “At The Mercy Of The Market”

Sellers Must Take An Active Role In The Sale Of Their Home!

Sellers must take an active role in the sale of their home, even if a listing agent has been hired. This may seem contradictory but it is to your best interest to do so, and here’s just one reason – To hold the agent accountable. Continue reading “Sellers Must Take An Active Role In The Sale Of Their Home!”

Can A New Listing Be Under Priced?

“Can a new listing be under priced?” I hear this question frequently.

The general consensus seems to indicate the answer is “No” because an under priced listing will be bid up to the fair market value.

This answer and reasoning is really a response to a different question; i.e., “Will an under priced property sell for the fair market value?” Continue reading “Can A New Listing Be Under Priced?”