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Personal Finances / Buying or Selling a Home

URL:  http://boards.fool.com/the-amazon-review-that-i-found-interesting-stated-30704165.aspx

Subject:  Re: Five day home sale Date:  5/27/2013  8:21 PM
Author:  vkg Number:  125404 of 127777

The amazon review that I found interesting stated that the "secret" is:
Basically, WAY underprice the home and hope that several people realize that the price is very low and everybody bids the price up to a reasonable level.

It may very well sell in 5 days, but you take a significant risk at it being under market price.

Our local area is very hot currently. The recommendation for price is to set it reasonable and advertise with the hope of attracting an aggressive bidder. An aggressive bidder will drive up the price, but may not be a qualified bidder.

The best offer may not be the highest offer.
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