First, I’d like to say that I have never participated in on-line posting before. I am an on-line virgin. So if I am being out of line, please let me know. I guess this is my first time because it is an interesting subject to me and there are some really smart people on this site. Sorry to dilute the intelligence. I only hope to share information in my area. That said . . .
Being a recent “seller”, I’d agree with the last post. I priced my home at a “reasonable” price (okay stop spitting out your Diet Coke) for the market at this moment in time. While I took a reduction of $3,000 from the asking price and covered the closing costs (hidden reduction), I still had a couple offers, a few lookers, but a gazillion real estate agents coming through my home. It’s becoming a buyers market as more homes reduce their prices, but it’s not there yet. Sellers are just in a daze and don’t understand that they are not going to get the same price that their home would have brought last year.