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Home Selling in Oconomowoc : Real Estate Advice

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Wed Apr 13, 2011
Jeri Creson answered:
Scary that your agent seems too busy and preoccupied. Let's start there. Have a chat with your agent and express your concerns. If that doesn't work, approach the agent�39;s broker. Your listing technically belongs to the brokerage, not the agent, and the broker can make the call to either get you another agent, step in personally, or release you from the listing contract. Next, it's all about price right now. you need to take a hard look at what IS selling, not necessarily what an appraiser says it's worth. Have your agent pull comparable homes to yours that have gone into escrow within a very short time of being listed. That's where the bulk of activity is. Think "what price range is drawing the offers". You can be a little above the "opportunity" price, but too far above it, towards the ceiling of your appraisal range is going to leave you lonely, wondering where all the shoppers are.

Interest rates are rising, naturally triggering an increased urgency for some shoppers. I suggest making your moves now, not later to adjust price while the buyers are in the market looking for good homes to close on before rates get higher. Later, your price drop may be much more significant.
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