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If you really want to sell, and that is your immediate goal, forget about how much you're going to make on the house and how much money you need to afford the next one. Lower your price. A low price will trump wallpaper any day.
Here's what we did to sell our townhouse: We dropped our price to be within the lowest THREE of more than 40 townhouses for sale in our neighborhood (all with the same floorplan). We offered an extra 1% commission to the buyer's agent is s/he brought in a full-priced offer by the end of the month.
Within a few weeks we had a stampede of traffic and two full-priced offers within a day.
Mind you, when we sold, all our neighbors thought we were selling out/selling too low. I have checked realtor.com since then, and in two months time, those 40+ townhouses are still sitting there...and the lowest priced is now $46,000 LOWER than we what we sold for. Two months!!!
We are still wiping our brows and thanking our realtor.
This is a realtor who "gets" it.....priced aggresively ahead of the curve anticipating a down market because of the inflated inventory....nice job.
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