I am certain that everyone reading this post has heard of musical chairs. This time of year in the market we are in- I feel like we are playing musical listings. I know how frustrated sellers must feel in the current market, and that they are willing to try anything to get a buyer for their home. But in the "08" market this may not be the agent holding up a sale... but the market.
I have been in close communication with my clients, and I am happy when they re-list their home with me.I have had others that have elected to try "a new chair" in hopes that their home will sell. I wish them all of the luck in the world, and I would love to bring a buyer, but in reality it is a buyers market, and that means the buyer is the one deciding from the homes being offered- which ones they are willing to make an offer on. In my opinion you need to have the best house, at the best price ,in the best condition to sell. If Sellers are not willing to look at comps, or reconsider their asking price they may have a long road ahead of them.
It is time to quit playing musical listings, get realistic, and get an offer on your home. Once we can all get on the same page we will see this market turn around, and we will see homes sell.
Are any of you playing the musical listing game, and are you winning?