Someone help me here because I just don't get it! I understand that we all want and need to make a living, which makes this even harder to grasp. I am talking about agents that "collect" listing. I know there is a value in having you name out there on the streets, but what does it say about you when 1 year later your sign is still hanging in the same yard? I don't know about anywhere else, but here in Maricopa county Arizona we have a 2+ year supply of homes. With this in mind why are agents still willing to spend money advertising homes that are $50,000 - $150,000 over priced?
Can someone/anyone explain this to me. Maybe I'm missing a great marketing technique and should be telling sellers that their house will sell for whatever amount they think it should sell for.
I look forward to anyones explanation.
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