A dozen houses or so later, a Buyer can have a darn good feel for value within their search parameters.
Sometimes it seems easier for Buyers to get it than Sellers.
Sellers don't see the market competition in person.
They don't see it from an objective ball cap.
They may see the numbers and stats but choose not to get it.
Their goal is to get back what they put into it. Uh oh.
They want to test the market. After all, they can come down.
The only problem is the Buyers REALLY do get it.
They have seen the stats. They have seen the competition. They have studied the market 9 or 10 months and then some.
They KNOW. And they go to the homes that are priced correctly, that are in the best condition, and that meet their needs.
So why are the 5 to 8 to 10 percent of the homes selling in this marketplace?
Because those Sellers get it, too. And those Sellers usually have multiple offers in the first thirty days.
They pick and choose which offer to select and there are then there are some Buyers that lose. Because those Buyers did not choose to get it.
It's a choice. The information is available. You choose to get it. And then the home is Sold or a home is Purchased.
It's straight talk time from a Southern Maryland Realtor who just showed almost a dozen houses today.Some Sellers got it, some did not, but there were definitely a couple of homes that stood out in the POT.
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