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Pat Baker's Blog

By Pat Baker | Agent in Needham, MA

Local House Sellers Are A Stingy Bunch, Dover & Needham

Local House Sellers Are A Stingy Bunch

http://www.boston.com/yourtown/news/needham/2011/04/local_house_sellers_are_unlike.html

Boston Blobe Article link above.

Wow did this article hit the nail on the head.  The homes are moving because the smart homeowner is re-positioning their home in the market.  They are willing to make a dramatic price reduction because they want their home sold.

These homeowners are forward thinkers.  These homeowners are taking the long view of the market.  They have a smart real estate agent who is giving the very best advice to market their home and what is the most important marketing tool we have to sell their home? *THE PRICE*  

Back in one of the presidential elections there was a powerful statement made, "It is the economy Stupid."  Well the powerful statement is "It's the Price Stupid."

The smart sellers today knows because their realtor has told them that their price adjustment needs to be dramitic to make the buyer take action.  The longer their home sits on the market the lower it will sell for.  So why not move to accelorate the sale by a re-positioning in market?

In this article from the Boston Globe they refer to the sellers as a particularly stingy bunch!  Does any of this resonate with anyone?

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