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Realtors Talk To Each Other

Last Updated on 24 October 2012 Published on 27 November 2012 Phil
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If you start out with a sales price that is too high, there is a high likelihood you interviewed other agents.  They didn't get the listing, of course.  They got "aced out" by someone telling you what you wanted to hear.

If your listing agent routinely engages in "buying" listings, he has probably aced out scores of other agents in the same way. Being human, Realtors talk


Dropping Price Too Late

Last Updated on 24 October 2012 Published on 30 October 2012 Phil
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If you start out with a high sales price, then drop it later -- your house is "old news." You will never be able to recapture that flurry of initial activity you would have had with a realistic price. Your house could take longer to sell.

Even if you do successfully sell at an above market price to an uninformed buyer, your buyer will need a mortgage. The mortgage lender requires an


Behind The Scenes

Last Updated on 24 October 2012 Published on 23 October 2012 Phil
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If you start out with too high a price on your home, you may have just added to your stress level -- and selling a home is stressful enough. There will be a lot of "behind the scenes" action taking place that you don’t know about.

Contrary to popular opinion, the listing agent does not usually attempt to sell your home directly to a homebuyer. That would be inefficient.

Listing agents


Did He Just "Buy" My Listing?

Last Updated on 24 October 2012 Published on 16 October 2012 Phil
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If you’re like many people, you pick Realtor number three. This is an agent who seems willing to listen to your input and work with you. This is an agent that cares about putting the most money in your pocket. This is an agent that is willing to start out at your price and if you need to drop the price later, you can do that easily, right?

The truth is that you may have just met an agent engaging


Meeting With Realtors

Last Updated on 24 October 2012 Published on 28 August 2012 Phil
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So you’ve decided to sell your home and have a fairly good idea of what you think it is worth. Being a sensible home seller, you schedule appointments with three local listing agents who’ve been hanging stuff on your front doorknob for years. Each Realtor comes prepared with a "Competitive Market Analysis" on fancy paper and they each recommend a specific sales price.

Amazingly, a couple


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