2009...has not been my worst year in the real estate business since I began my career 26 years ago. Needless to say its not my best...record setting...I'm going to retire young year, either. One Thing that separates the going through the motions agents from the get-er-done agents is making the call...when the news isn't good. Its time for a price reduction, is not normally on the top on your FUN THINGS to do list. I only get paid when the sale closes, why keep a listing that can't sell at the current price. What have you done to manage your clients expectations -LATELY- ? I provide stats monthly, and ask for an appropriate price reduction when its called for. The proof is in the sale...success that comes after a price reduction often comes shortly after the move. If that is not the case there is something else wrong with the subject property...and that too is my job to figure it out (and will be answered in future posts -Subscribe to my blog and get the answers).

Three big price reductions make these just right.!

This Waterfront home site at Loon's South Peak Resort, offer ski to your door access and river frontage (also has town water, and sewer to the site). The last sale of a comparable site closed at $425,000 30 days ago...this site was listed at $449,900, Now offered at $399,900 $50,000 price reduction on land before the snow flies...this will get sold and both parties will be happy.

The Lodge at Lincoln Station...on the shores of the Pemi River, views of the slopes, on-site amenities and rental desk for income and management... Wonderful Riverfront two level penthouse not showing much interest in the current market...a $20,000 price reduction was in order, seller agrees its time for them to move on the current asking  price of 179,900 NOW!$159,900 fully furnished and ready to enjoy.

Deer Park Resort...Only 3 listings out of the 300 condos, there is no glut here and the families that call this resort home rarely leave. But a summer of showings and no real offers, require a $10,000 price reduction.. New Asking price $209,900  (2 bed / 3bath townhouse) best amenities in the area..

Save some green on these priced right listings.

South Mountain Home site MLS# 2748300

Lodge at Lincoln Station MLS#2748305

Deer Park Town house MLS# 2751898

Go to My Web site; www.alpinelakes.com & Search by MLS#

Buyers its time to make your deal, and agents its time to call your seller's and get your listings priced at current market values...If you couldn't sell it yesterday...its time to price it for today!