Most Sellers are motivated to lower their price, finally. However, now the Buyers seem to want most of the bells and whistles. Some of these properties are small, first time homes. They offer many good improvements, yet, feedback seems to be, well they really wanted more. I hate to tell them, but, the Sellers can't do more. Watching the house flip programs, I notice how the new investors seem to overspend on improving and then, the Buyers still don't buy the home. Too small, or busy street. Same feedback that was on that property, prior to the flip. So, we again, lower the price. People will deal with things that are not included in a home, when they can pay less. Seems to be the answer, in some situations, in our market area. The market (buyer) determines the price of your listings, if you want them to move. The best signs are the ones that have SOLD on them.
It's a Good Life!
Fran Rokicki, Clubnet~Mentor
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