Jun 17, 2008

Smart home sellers listen to what the market is telling them.

One of our agents received a price reduction on a property recently. This home has been on the market for several months with the seller refusing to lower the price.

Finally an offer came in considerably lower than seller has the property listed for. The seller responded with a counter offer also lower than their current list price.

Unfortunately the deal did not come together but our agent took advantage of the situation by suggesting to the seller that since they were willing to sell for less as indicated by their counter offer to the buyer, perhaps now would be a good time to reduce their price.

The market will always determine the price. This seller now understands that and made the necessary change.

Related Florida real estate views:

Appraisal problems add to the frustration

I am not going to give my home away!

What are the repair obligations to the home seller when using the FAR contract?


- Greg Staker - Watson Realty Corp. - 407-304-0255

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