Coldwell asks all it’s listings to drop price 10%

[donaldduckmoore]

Why don’t they ask non-critical sellers to stop unnecessary listing. That will reduce the pool size and just the the foreclosed houses listed.

[jficquette]

LOL, hey Coldwell Banker, why not just reduce your commissions to 1%??

[jficquette]

LOL, hey Coldwell Banker, why not just reduce your commissions to 1%??

[jficquette]

LOL, hey Coldwell Banker, why not just reduce your commissions to 1%??

[jficquette]

LOL, hey Coldwell Banker, why not just reduce your commissions to 1%??

[jficquette]

LOL, hey Coldwell Banker, why not just reduce your commissions to 1%??

[cr]

[quote=esmith]
200% up and 30% down = 110% up (300% * 70%)
200% up, 30% down, 10% more down = 89% up (300% * 70% * 90%)[/quote]

I meant doubled, on average, 200% of prices, not plus. ex: 200k x 200% – 30% = 280k. -10% = 252k.

In areas where prices did triple 30% off – 10% you get you 189%.

Any way you look at it, 10% off prices that are still double what they were 4 years ago is not enough.

[cr]

[quote=esmith]
200% up and 30% down = 110% up (300% * 70%)
200% up, 30% down, 10% more down = 89% up (300% * 70% * 90%)[/quote]

I meant doubled, on average, 200% of prices, not plus. ex: 200k x 200% – 30% = 280k. -10% = 252k.

In areas where prices did triple 30% off – 10% you get you 189%.

Any way you look at it, 10% off prices that are still double what they were 4 years ago is not enough.

[cr]

[quote=esmith]
200% up and 30% down = 110% up (300% * 70%)
200% up, 30% down, 10% more down = 89% up (300% * 70% * 90%)[/quote]

I meant doubled, on average, 200% of prices, not plus. ex: 200k x 200% – 30% = 280k. -10% = 252k.

In areas where prices did triple 30% off – 10% you get you 189%.

Any way you look at it, 10% off prices that are still double what they were 4 years ago is not enough.

[cr]

[quote=esmith]
200% up and 30% down = 110% up (300% * 70%)
200% up, 30% down, 10% more down = 89% up (300% * 70% * 90%)[/quote]

I meant doubled, on average, 200% of prices, not plus. ex: 200k x 200% – 30% = 280k. -10% = 252k.

In areas where prices did triple 30% off – 10% you get you 189%.

Any way you look at it, 10% off prices that are still double what they were 4 years ago is not enough.

[cr]

[quote=esmith]
200% up and 30% down = 110% up (300% * 70%)
200% up, 30% down, 10% more down = 89% up (300% * 70% * 90%)[/quote]

I meant doubled, on average, 200% of prices, not plus. ex: 200k x 200% – 30% = 280k. -10% = 252k.

In areas where prices did triple 30% off – 10% you get you 189%.

Any way you look at it, 10% off prices that are still double what they were 4 years ago is not enough.

[SD Realtor]

Guys sitting down with sellers and making recommendations on pricing is hit and miss. There is really nothing you can do as a realtor to make someone do anything. You can show them comps, you can show them facts, you can give them your opinion. In the end, it doesnt matter if it is a FSBO or a represented sale, the seller will price at what the seller will price at. Some sellers get it, some do not. I can pass on as many listings as I want as a matter of principal and it does not matter because someone will pick them up and take those listings. You should focus your ire at buyers who will occassionally buy those listings. All it takes is one odd comp to give a seller hope.

[SD Realtor]

Guys sitting down with sellers and making recommendations on pricing is hit and miss. There is really nothing you can do as a realtor to make someone do anything. You can show them comps, you can show them facts, you can give them your opinion. In the end, it doesnt matter if it is a FSBO or a represented sale, the seller will price at what the seller will price at. Some sellers get it, some do not. I can pass on as many listings as I want as a matter of principal and it does not matter because someone will pick them up and take those listings. You should focus your ire at buyers who will occassionally buy those listings. All it takes is one odd comp to give a seller hope.

[SD Realtor]

Guys sitting down with sellers and making recommendations on pricing is hit and miss. There is really nothing you can do as a realtor to make someone do anything. You can show them comps, you can show them facts, you can give them your opinion. In the end, it doesnt matter if it is a FSBO or a represented sale, the seller will price at what the seller will price at. Some sellers get it, some do not. I can pass on as many listings as I want as a matter of principal and it does not matter because someone will pick them up and take those listings. You should focus your ire at buyers who will occassionally buy those listings. All it takes is one odd comp to give a seller hope.

[SD Realtor]

Guys sitting down with sellers and making recommendations on pricing is hit and miss. There is really nothing you can do as a realtor to make someone do anything. You can show them comps, you can show them facts, you can give them your opinion. In the end, it doesnt matter if it is a FSBO or a represented sale, the seller will price at what the seller will price at. Some sellers get it, some do not. I can pass on as many listings as I want as a matter of principal and it does not matter because someone will pick them up and take those listings. You should focus your ire at buyers who will occassionally buy those listings. All it takes is one odd comp to give a seller hope.

[Author]

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