No. of Recommendations: 2
And this is where an experienced and higher volume agency should help. Agents tend to rely on price/sqft to price a house and that is seriously flawed. One home could be in pristine condition and the other may need tens of thousands of dollars to get up to date. An experienced agent has been in a number of the homes and can adjust the price accordingly.

Of course you get some sellers who become fixated on a certain price point and won't adjust and don't understand why it doesn't get any offers. A number of buyers won't put in a low offer thinking it isn't worth the time and assume the seller will quickly reject it. So the house gets no offers.

I once had an agent complain to me that I priced it too high. She quickly got fired since I only priced it at the number she had suggested.

Real estate is tough because you are dealing with a lot of money, often leveraged money, and people get emotional about it.

Condos, depending on the area, can be difficult.

Rich
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