Reality check. Please!
Hey you! Wake up, stop dreaming! It's time to let go of that last brisk, up-market mentality. Gone are the days where everything sold quickly, over asking price with zero contingencies and multiple offers!
Price adjustments have saturated the Multiple Listing Service as sellers realize that demand has weaned. The property may sit with few feet through the door and less days on market depends on motivation!
Real estate agents are key to bringing buyers into the area when thinking of building. Fairly soon, premiums on build lots will become a thing of the past as well because consumers refuse to pay them.
For Sale By Owners also need to be realistic on price and in-line with current comparable's. When a client can buy a brand new home with more square feet, on a larger lot, with more upgrades for less...
There's little chance of a successful transaction.
Just a reality check. Please!
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