Doug Rogers Bayou Properties Realty

 They didn't want to do it at first. "We shouldn't give our house away. Can't we float this price a few more weeks"? After a month on the market the showings had come to a stop. Those initial sign calls from curious prospects ended weeks earlier.

 The market had rejected my seller's starting price. No amount of clever advertising in the world will over come a high price. After an examination of the recent solds, I recommended a price reduction. Not "giving the house away", but aligning the price more with market demand.

 The offer was only a few short days behind the reduction. Did I mention it was full price? My seller's "big" problem now if finding a place to live in the next 40 days. And that's a good problem to have!

Doug Rogers Bayou Properties Realty

Searching for a Top real estate agent in Alexandria Louisiana? Need help selling your Pineville, Louisiana home? Either way call Doug today!

Doug Rogers

Associate Broker

Century 21 Millennium


Century 21 Millennium

donahue Ferry Road

Pineville, La, 71360

(318) 640-2121

Each office independently owned and operated. Equal opportunity housing. Doug Rogers is a licensed real estate agent in Louisiana



 

 
This post has been included in Louisiana Real Estate News Rapides Parish, LA Real Estate News Pineville, LA Real Estate News
Post is included in group: Louisiana Lagniappe
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9 Comments on Last Week's Price Reduction is This Week's Under Contract

APR
16
2012
3 Featured Posts

Congratulations, Doug. How much did the sellers reduce the asking price? That reduction spread is quite important to get right to place a house back into the market.
7:17pm • #1
539,220 Points 71 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Just under 6k. Sometimes that's all it takes!
7:27pm • #2

Thank Goodness it sold before a competing home,better priced home sold. often an overpriced home leads to the sale of a neighboring home.

  Http://EliMagids.com
EliMagids
7:27pm • #3
539,220 Points 71 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Eli-- I've seen that happen more than once
7:28pm • #4
592,595 Points 32 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

yep just had this happen with a listing, reduced the price last week, had 3 more showings and just turned in an Under Contract just 60 days on the market but it took the 3rd price reduction to seal the deal
9:04pm • #5
771,756 Points 70 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

And we know why that happens.  The price dropped below the top of someone's search criteria and wham.  Congratulations, Doug.  You are now your sellers' hero.
10:04pm • #6
APR
17
2012
511,713 Points 1 Featured Post Outside Blog Attended Rain Camp Called Shot Master

A very good problem, indeed. Congrats on the sell! It looks like a gorgeous home, too.

Gretchen
4:56pm • #7
1,425,577 Points 56 Featured Posts Outside Blog Called Shot Master

Many sellers just don't want to believe that the market has fallen as much as it has.
6:14pm • #8
539,220 Points 71 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Gretchen--It had amazing curb appeal, just needed a price adjustment.

William--Very true!
6:50pm • #9


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Doug Rogers- Your Pineville Louisiana Agent (Century 21 Millennium) Ambassador_large

Doug Rogers- Your Pineville Louisiana Agent

Pineville, LA

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Century 21 Millennium

Address: 2690 Donahue Ferry Road, Pineville, LA, 71360

Office Phone: (318) 640-2121

Cell Phone: (318) 613-1994

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