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I agree with Smiling Joe. In todays market, you have to make someone feel like they are getting a steal. $895,000 might get some calls, but I don't know if it will even sell for that. Gulf front is scary for people right now. If you are going to take the price down that much, I'd do it in one step. When you ease it down, you don't get the same impact as when you do it in one big drop. Good luck.
 
Gotta love hearing all you REALTORS talking down the asking price of sellers.... Just last year you would have been playing the buyer that home prices only go up, must buy now...

Now your angle is, prices are dropping must underprice market to sell now...

Oh what you folks will do to keep your BMW loan out of default!!!

I've got better advice for pattiw... List your price 10-20% lower than lowest price in neighborhood FSBO and you won't have to pay these high school graduate realtors 6% just for putting your house picture on a website...
 
destinsm said:
Gotta love hearing all you REALTORS talking down the asking price of sellers.... Just last year you would have been playing the buyer that home prices only go up, must buy now...

Now your angle is, prices are dropping must underprice market to sell now...

Oh what you folks will do to keep your BMW loan out of default!!!

I've got better advice for pattiw... List your price 10-20% lower than lowest price in neighborhood FSBO and you won't have to pay these high school graduate realtors 6% just for putting your house picture on a website...
Great judgement! Do- it- yourself real estate at .9 mil in a weak market! What's next? Using a Dremel drill to beat the high cost of dentistry? SJ is giving pragmatic advice about adapting to current market conditions. Free advice...I might add.
 
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destinsm said:
Gotta love hearing all you REALTORS talking down the asking price of sellers.... Just last year you would have been playing the buyer that home prices only go up, must buy now...

Now your angle is, prices are dropping must underprice market to sell now...

Oh what you folks will do to keep your BMW loan out of default!!!

I've got better advice for pattiw... List your price 10-20% lower than lowest price in neighborhood FSBO and you won't have to pay these high school graduate realtors 6% just for putting your house picture on a website...

4% :roll:
 
destinsm said:
Gotta love hearing all you REALTORS talking down the asking price of sellers.... Just last year you would have been playing the buyer that home prices only go up, must buy now...

Now your angle is, prices are dropping must underprice market to sell now...

Oh what you folks will do to keep your BMW loan out of default!!!

I've got better advice for pattiw... List your price 10-20% lower than lowest price in neighborhood FSBO and you won't have to pay these high school graduate realtors 6% just for putting your house picture on a website...
You don't know me so don't go shoving your foot so deeply down your throat. You just might choke. :floor:
 
Bob said:
Great judgement! Do- it- yourself real estate at .9 mil in a weak market! What's next? Using a Dremel drill to beat the high cost of dentistry? SJ is giving pragmatic advice about adapting to current market conditions. Free advice...I might ad.

:lolabove:
 
Destinsm

if you are going to be so judgmental, at least get your facts straight!
 
destinsm said:
you won't have to pay these high school graduate realtors 6% just for putting your house picture on a website...

BS in Pharmacy, MS Architecture. I just don't get unkind people that dis others :idontno:

Back on topic. Just so happens, last week I called quite a few realtor friends and posed this question. What do you think would be most effective in moving this listing I have in Watercolor?

30K bonus
6% back to buyer at closing
Lower Price

!00% said the bottom line is the price. There's soooo much out there that IF they had a client, they'd show them the blatant bargain priced properties. The fact is that even though sales have picked up a little, there still are very few buyers for the number of properties on sale on 30A.

Destinsm's advise isn't supported by the facts.

77% of all buyers, buy through a realtor or broker. (only 9% buy directly from owners) and The typical FSBO home sells for 86.2% of agent listed homes.

I had a guy contact me last week saying How much can you get for my house and how quick can you sell it? :floor:

If we had the answers Patti, none of us would have listings that have been sitting on the market for a while. Right now, property owners need to sit and wait for the market to come back or price it way low to snag one of the coveted buyers this year. Some are predicting that if mother nature is kind this year, and the airport gets final approval, things will be picking up in fall :idontno:

Sounds like you've got your unit priced very competetively and I will keep it in mind for any buyers with interest in gulf front units. Good luck Patti

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