Price......How Important is PRICING?

By
Real Estate Agent with Coldwell Banker Sea Coast Advantage 93383

 

Does it matter what the seller paid for their property?

One of the biggest things that we are faced with still in our area, is the dreams of what was going on in 2004 and  2005.  That day is gone.

What we have to do as a Realtor and as a professional is to educate our buyers as to TODAY'S Market.  We all sold properties in 2005 that we are having to sell for half of what they sold during the HayDAys!

When I have a seller  to call me and say that they bought in 2005 and HAVE to SELL  right a way..I just cringe.

Who knew?  This is a nationwide happening, not a local problem.

We have to be honest with our sellers and give them the facts.  And hopefully we will be able to relieve some of their pain.

 

Ginger of Southport.

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Rainmaker
2,139,103
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

I can't imagine any real estate professional not agreeing that pricing a property right is crucial.  I feel bad for those sellers who are in this situation.

Apr 13, 2016 03:35 AM #1
Rainmaker
4,207,166
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginger, buyers do ask what the sellers paid for a home, and truly does not matter.  Good for them making some money in this Seller's market, it makes no difference!  

Apr 18, 2016 10:58 PM #2
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Rainmaker
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Ginger Harper

Your Southport~Oak Island Agent~Brunswick County!
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