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?”

Achieving The Right Balance

In golf, whether pro or amateur (I’ve been both), there is constant work to maximize distance without sacrificing accuracy.

Whether Realtor or investor (ditto) there is delicate balance to be reached between maximizing the net at closing without excessive time on market. Continue reading “Achieving The Right Balance”