The Motley Fool Discussion Boards
Personal Finances / Buying or Selling a Home
|Subject: Re: Five day home sale||Date: 5/27/2013 8:21 PM|
|Author: vkg||Number: 125404 of 127988|
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.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|