The Market and The Price.

Wanda,

Amen!  You said it perfectly.  Have a great weekend. A

Almost every seller needs to see what their home can't sell for before they can recognize and accept what it can sell for.  I do disagree with you, every agent just like every property is different.   The skill set, along with the success rate of each agent varies.    If we were all exactly the same, it would not matter which agent, or brokerage a consumer choose.   Many times they THINK they are choosing the agent/brokerage for them but really they heard or saw an ad.  If that is the case, they picked the agent they are working with based on marketing spent, not necessarily the best agent for them.  

I do see sellers who sometimes blame their agent (who is begging them to lower the price). They hire a new agent...and lower the price, lol

Perception is reality to some. They see an agent drive up in their fancy BMW with their business suits on and think, "Wow, they must be really good at real estate." Any agent worth their weight knows what it takes to sell a home. We all have the same basic marketing strategies so it comes down to whether or not the home is priced well and presents well.

Wanda it's all about pricing the home correctly for the current market as well as condition and location. Get all 3 spot on and homes sell fast (at least in my area in the current market).

Wanda, We often do not have all of the information. Could have been a "bought" listing taking it and listing at the price the sellers wanted ... or ???? Either way it is the listings agents job to get the home sold ... even if that means lowering the price.

At some point in lowering the price you will hit MARKET... no question.

Drives me crazy when I tell a seller they need to drop the price and they do so after the listing is up and they go with another agent

Good morning Wanda.  I have an agent who is trying to sell her sisters home (not a good idea), anyway the price is right, home is clean and well maintained.  The issue, age and no master bath.    She is regrouping and we'll see what happens.

Wand - Pricing a home is critical in getting it sold. However, I feel that the most difficult part of real estate is finding the clients, generating the business to begin with.