It is probably not what any seller likes to hear, but this is an honest advice. Best of luck.
A lot of brokers are having a hard time selling in this market. The truth of the matter is that there is still a healthy amount of activity in the market. Most brokers are use to selling the old fashon way. Price high and then discount. You CANNOT do that in this market. Chaseing down the market is not working now a days. People are looking for unique buying opportunities. ie. forclosures, short sales, distressed sellers.... ect. Those people are your competition. You must creat a buzz. Weather it is pricing a property low to stir activity or have a really great marketing technique, like a rent to own, or seller financing, or assisting in closing costs to the prospective buyer. Since most experts are predicting prices to come down even further... the market is actually chaseing you down. In my opinion you time is valuable money you are losing. If I was your broker I would price your property low to create a buz . I would rather present you with 20 low ball offers then none at all. The key is to get people to your listing and let your professional broker shine and show his closing skills.
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