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August 12, 2006
A couple of good and related articles on home selling:Ardell at the Rain City Guide: Why isn't my house SOLD yet?
If you have a lot of showings and no offers, then it is something AT the property that is causing it not to sell and you are a “bounce point”. If you don’t have enough showings it is something in the mls that is causing it not to sell, unless you HAD a lot of showings at first and dwindled down to not enough.and...
The Washington Post: Struggling to Get the Price Just Right
By Dan Rafter
Special to The Washington Post
Saturday, August 12, 2006; Page F01
In a perfect world, Dianne McDermott and her clients would never disagree.
Unfortunately, McDermott, a real estate agent with Re/Max Advantage Realty in Howard County, doesn't work in that perfect world. In real life, she and her clients occasionally struggle to compromise on some of the most important decisions involved in selling homes.
One of the most common causes for disagreement? Setting a sale price.
This shouldn't be surprising. Many home sellers remember last year, when the local real estate market was red hot. Houses sold in days, attracting multiple offers. Sellers could pick and choose the best.
That's no longer the case. The Washington area market, like much of the rest of the country, has shifted. Those multiple offers? They're long gone. The days of selling a home for higher than list price? Gone, too.
Read the rest of the article here.
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