Home Sellers Have Little Leverage

The recent real estate market news can be very disheartening for those trying to sell their homes. If you are considering listing your home for sale, my best advice to you would be to price it right from the outset. Do not try to “test the water” with a higher price with the philosophy that you can reduce the price down the road.  It is crucial to start with the right price in order to guarantee some serious activity from the beginning. Remember that when newly listed  those that are in the market to buy are watching all new listings. The first 2 to 4 weeks are critical! Many real estate agents will overstate the value in order to assure that they get the listing of your home. Don’t  fall for this. You want the real estate agent who is realistic on price , even if the number suggested to you is lower than what you want. This is especially important in the present market with declining prices. You may call my office or send me an e-mail at bill@billreinhardtlaw.com if you would like further advice on your real estate matters.

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