Category Archive: Opinion

Nov 06

Doing the Opposite

ShareI have had a question on my mind for some time forever. When the real estate market is soft (aka buyer’s market) first time buyers often totally ignore the list price and throw out an unsubstantiated lowball offer, completely ignoring the comps presented by their real estate agent. But in a strong market (aka sellers …

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Nov 01

Pricing in a Seller’s Market

SharePricing in real estate is critical.  Even in a sellers market.  As agents we recommend price on most recent sales, so it’s not surprising that when we list a new property we are below the newly established market price because at the time we are pricing, the most recent sales haven’t yet closed and therefore …

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