I am trying to sell my house. I knew that the bubble pop was coming, but couldn’t get my house on the market until Feb ’06. Exactally the time when my market went flat. (Coastal Carolinas) I’ve put my house on on for 5% less than all the agents who saw it told me too. But it was too late. I’ve now reduced the price 10% but have had almost no interest. I had one offer, for 20% less than my (reduced) asking. I countered, ready to really try to make a deal. But they immediately walked away, clearly they are just bottom fishing. I am the lowest priced house on my street even though I have the most square footage (30% more in some cases). One of my neighbors has RAISED his asking price by nearly 15%. And I’m beginning to wonder if that is the way that I should go. That way when people lowball me by 20%, we’ll be that much closer to a deal. Does anybody have any expericence with that as a tactic? http://www.fsbo.com/detail_list.phtml?search=2&id=80967&search.x=13&search.y=4
