Larry and Sheila, great explanation of list versus sales price.    Around here homes are going pretty fast, and the ratio is 97 or 98%!

Good explanation for home sellers and home buyers.

Have a great day and an outstanding weekend.

Larry/Sheila: Hopefully the difference ends up being negligible.  Good definition of what both are.

Larry and Sheila, Good information for consumers. have a good weekend.

Larry and Sheila,

This is very important information, and very well presented.  We wish you a lovely weekend.  A

Great explaination between list and sales price. Depending on the neighborhood in Manhattan, many sellers knows how to priced to sell according to the most recent comparables so the gap between the two are very close.

Larry & Sheila, buyers and sellers  will appreciate your great job in explaining the difference between list price and selling price.

Clearly put and needed information, Larry and Sheila. That's why the solds are really the relevant factor in the CMA.

Hi Larry & SHeila, you have defined list and sale price in terms that consumers would understand.

Larry & Sheila,

You're blog post is clear, concise and accurate! When it comes to menoring people on what home ownership and selling means, nobody does it better than you!

Patricia

Those are great points.

Many times you see homes that are not selling, because they are overpriced or in bad condition.

Great new series that you've got going on here, Sheila.

Sheila and Larry,

This is another good explanation for homeowners who are thinking about selling their home.  Yes, the difference between the sale price and list price is a good indication of market conditions.   But if I was a LI homeowner, I'd just invite you  two over for LI Pizza and just ask 'Where do I sign?' 

Setting the right price is the most important piece of marketing for any Realtor to be successful.