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06.10.08, 17:01 PM General Topics
6 replies
Help! New Realtor here. I am talking to people tomorrow who want to sell their house for $900k. I am certain it should be listed for $825 and they will sell at $800k. I really want this listing. What can I say to help them not hate me in their disapointment...and find someone who will price it the way they want then reduce, reduce, reduce. [ Reply | Watch | Flag ]
General Topics 06.10.08, 05:01 PM Flag
 

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I was talking to someone today about this -- the realtor told them a considerably lower number than they thought they could get, and it's created a big tension for them. Don't know what they are going to end up doing (since they can't even agree on an asking price with their own realtor). sounds tough. good luck. [ Reply | More
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General Topics 06.10.08, 05:03 PM Flag
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The way its going for me your friends will just keep asking until they get someone who will yes them to death then muscle thru tons of price reductions. I wonder how people can be so unrealistic about their house value...so they think the housing slump doesn't affect them? [ Reply | More
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General Topics 06.10.08, 05:05 PM Flag
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in my friend's case, I suspect (but don't know for sure) that they "need" the money to pay off their mortgage and move to another house. I know they are having money problems, which is one of the reasons they are moving. [ Reply | More
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General Topics 06.10.08, 05:08 PM Flag
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We sort of went through this - but we went w/realtor and priced it low. it went a little over asking, and we'll never know what would have happened if we had priced it where we thought it should go. How fast do they need to sell? We need to be in new place soon, so we couldn't wait it out. [ Reply | More
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General Topics 06.10.08, 05:07 PM Flag
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Did you consider going to other realtors to see if they thought it was worth more? [ Reply | More
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General Topics 06.10.08, 05:11 PM Flag
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I can't seem to reply to a reply, but I'm OR who priced low. We had it priced by 3 agencies. One was much higher and one lower. We sort of went in middle. Seemed prudent in this market, and maybe it was smart because it sold within 2 wks above asking. we can't complain. [ Reply | More
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General Topics 06.10.08, 05:25 PM Flag
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