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Would You Take an Overpriced Listing? Yeah, Me too! A Change of Heart

Great post!!! Value is an opinion.  I have sent three appraisers to the same property only to find a huge spread of values.   Fair comparables are harder and harder to find with the number of distressed properties, expecially in rural areas.
RE/MAX Unlimited  10850 Highway 412 West  Lexington, Tn. 731-249-5376
Linda Lipscomb  731-695-1118  http://LindaLipscomb.com

In my 26+ years in real estate, I thought I had seen it all... well, not exactly all, here is a new one for me. I have been very adamant about NOT taking a listing that is not priced properly. Overpriced listings are bad for everybody, for the seller, the home buyer, the appraiser, the Realtors, even the neighborhood! Why is it that sellers want yesterday's prices? haven't they read the real estate news? The market has dropped... a lot!
About 3 months ago, I was called to put a house on the market, I did my usual research, took a good look at the house, reviewed the comparable sales with the owners and help them secure a stagger, and even a carpet outfit to replace a worn out carpet in the hallway. My suggestion, based on comparable sales, and my knowledge of the neighborhood, (I ... more

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