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Old 02-19-2008, 06:22 AM
 
Location: Louisville KY Metro area
4,826 posts, read 14,286,691 times
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It is a strange phenomenon, but I seldom see a house priced right fail to sell. Poor Realtor, poor Seller, poor, poor, poor. It would be terribly wrong for me to suggest that a Professional Realtor behaving professionally can't or won't cause a house to be sold faster and for a higher price, but the best of the best can not get a price out of a home whose value just doesn't exist.

I would venture to argue that 90% of all homes, even in today's market, listed for longer than 120 days are overpriced. In years past, we always heard that homes are our greatest and best investment. Because we are in America, investment profits are not guaranteed, but then neither are they placed under a profit ceiling.
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Old 02-19-2008, 06:54 AM
 
Location: Wouldn't you like to know?
9,116 posts, read 17,678,645 times
Reputation: 3722
Quote:
Originally Posted by tomocox View Post
It is a strange phenomenon, but I seldom see a house priced right fail to sell. Poor Realtor, poor Seller, poor, poor, poor. It would be terribly wrong for me to suggest that a Professional Realtor behaving professionally can't or won't cause a house to be sold faster and for a higher price, but the best of the best can not get a price out of a home whose value just doesn't exist.

I would venture to argue that 90% of all homes, even in today's market, listed for longer than 120 days are overpriced. In years past, we always heard that homes are our greatest and best investment. Because we are in America, investment profits are not guaranteed, but then neither are they placed under a profit ceiling.
I agree 100%. However, as certain realtors have said, sometimes its impossible to convince certain sellers that their taj majal is not worth what they think it is...
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