How do you convince someone to lower there price?

Asked by katrinadavis428, Oakland, CA Tue Aug 26, 2008

This person I know is trying to sell a home for 1,295,000. I looked up the vaue of the home online at realtors.com and it was valued somewhere between 719,000 and 1,175,000. When I told them that they had it listed at 1,375,000, so I guess they thought 1,295,000 would be a comprimise. How do you really get it into someone's head that they're selling their house beyond market value and if they really want to get this house sold they're going to have to drop the price?

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