Real estate blog entries tagged with selling loans local banks by Jason Kotar (Kotar Associates)

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Home : Blogs : Jason Kotar : Jason Kotar's Blog : Tag "selling loans local banks"

selling loans local banks: Can You Sell Your Listing? - 09/26/09 06:00 PM

In teaching my class on Homes, Buyers and Mortgages, I ask the attending Realtors "How many listings in your area are overpriced?" The number most frequently mentioned is 50%. Why is that number so high, particularly in today's market? The most common responses are:
The sellers refuse to accept reality. Sellers have an inflated, unrealistic view of the value of their property. Sellers do not understand the impact of distressed properties in their area and the relationship to their home price. Each of these statements basically says the same thing - sellers want more for their property than they are likely … (2 comments)

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Jason Kotar

Fort Lauderdale, FL

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Kotar Associates

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