Sounds like you have come up against some difficult sellers.
Bottom line is - sellers don't always follow the advice of their agents.........and, they are not always motivated or realistic.....at least, not initially.
Prudential NJ Properties
Maybe someone else would say, wow. good deal.
When the seller makes that final decision to price their home aggressively and at the right CURRENT MARKET VALUE PRICE, they will sell.
Our office has been holding weekly Open Houses and we go over our weekend activity every Office meeting to see how each property did. Pequannock / Pompton Plains still by far has more traffic thru Open Houses than a lot of our surrounding towns. Average 10 couples per home. One weekend one of my new listings had 21 visitors. The agent hosting the Open House was exhausted but she was thrilled to meet several new buyers. You can always check out our open houses on Realtor.com & Century 21.com.
You will be happy to know that homes are selling in Pompton Plains and Pequannock for far less than the market high of 2006. Some recent sales in town are more than 20% off those highs. The market has changed in the last year and sellers are realizing their home's market value. While I haven't noticed any in town recently that are priced more than their market high, there are plenty that are priced competitively. Savvy buyers are snatching up the best priced homes and sellers are appreciating that they can sell their homes quickly if they are priced well.
As some of the other respondents have noted, somethimes sellers can not lower their price without making themselves "upside-down" on their mortgage. They may have purchased or re-financed at the height of the market and now find themselves owing more than the can sell for. Personal circumstance like a job transfer, amy be forcing them to sell at a time that is not advantageous.
I would encourage you to take another look at what is available in Pompton Plains. You will find a well-priced gem, I am sure. The Spring market is heating up and some very nice homes have come on the market.
Best Regards, Eric
Good luck to you in your home search.
DENISE GUETERMAN WEICHERT REALTORS 142 MAIN ST CHESTER, NJ 08930
908-303-2472 MOBILE 908-879-7010 OFFICE DENISEGUETERMAN@HOTMAIL.COM EMAIL