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Streetman : Real Estate Advice

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  • Home Buying0
  • Home Selling0
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Activity 2
Sun Sep 15, 2013
Harasho Puck answered:
Remember that real estate agents are interested in, not only selling a property to you, but in making a commission as well.

Their interest is to sell primarily and the higher the selling price the higher their commission.

You've received some good advice here. Be patient, research where you want to buy and live. Take your time. THe longer a property sits on the market the more motivated the people become. I have seen prices drop within 3 months of listing by 15-20%. This means the people want to sell and have realized their price was too high.

If you feel a place is over-priced but you are interested, make an offer. The worst they can do is say 'no'. You then move on to another property.

I have seen many properties that were wish-priced. The sellers wish for a high price. Many times knowing the property has no such value.
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Mon May 14, 2012
John & Julie Teel answered:
There are now 50, but this is a rather large market with a lot of subdivisons due to the Lake being a draw for the area.
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