Property Q&A in Dyer>Question Details

Jesse, Both Buyer and Seller in Dyer, IN

I thought now was a good time to buy! Why are all the prices in Dyer St John area still so damn high?

Asked by Jesse, Dyer, IN Tue Jun 2, 2009

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This question is about this property: http://www.trulia.com/property/1076078448-9587-Calumet-St-Dy…

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Dear Jesse, Still so damn high compared to what? As agents we frequently encounter sellers who want to have their home listed higher then we estimate it's value to be. Not so great agents list the home at that price just to get the listing --then go back every couple of weeks to try to get them to reduce the price. Good agents may list it for the sellers "hope for" price with the caveat that in 30 days the price IS at the recommendation. GREAT agents show the seller all the research they've completed on similar homes, explain how important it is during the first month that it's priced right, and allow the seller to realize on their own that regardless of what they "hope for" a house will still only be worth so much. Lastly, a home can be listed at any price and you can still offer what you believe it's worth. Ignore what they ask, find a REALTOR(R) to find you the home you want and then offer what you want to pay. Most people's asking price is just a place to start negotiations. I've seen a few questions by you now on Trulia. You might want to start interviewing an agent to represent you who has these answers for you. While that agent legally will owe you Loyalty, Disclosure, Confidentiality, Obedience and Accounting (accountability) they still are paid from the sellers proceeds. I think it's time for you to have someone in your corner!
1 vote Thank Flag Link Fri Jun 26, 2009
it is a great time to buy. The good (or bad) thing is that the tri town area home values are staying pretty steady.
Web Reference: http://www.tritowngroup.com
0 votes Thank Flag Link Tue Jun 2, 2009
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