My cold has morphed into a sinus infection. So I thought I would share my pain with the world and help to make Craigslist just a bit more sane in the process. Have a look at my compansionate side. Let me know if it gives you a warm fuzzy, I know it did for me.
Josh
I am more interested in your sinus infection. I have good precautions, tips, and remedies. Don’t take antibiotics lightly (they are like ARMs), using your own brain works better. Let me know if you are interested.
Maybe it takes an explicit posting, prices are going down. Not quickly yet, but they will. Why clog CL with overpriced stuff that isn’t going to sell. Today’s market has alot less buyers and even assuming they were willing to pay yesteryears prices (they aren’t,) interest rate hikes make that impossible.
Maybe your realtor hasn’t told you. Maybe you didn’t listen. Why on earth would you want to chase down the market, start lowering prices to beat your competition. Inventory ain’t going down any time soon.
Its going to be a bumpy ride to 1999 per square foot pricing, but thats where we’ll end up.
Josh
Ultimately nobody knows for certain. All things being considered and otherwise equal, fat people use more soap. I feel so confident about the overall trend of where we are heading I can fill my post with total non-sequiturs.
I saw your post on that on the other thread and rather than continue it there, I would do so here.
How many other realtors do you talk to on a regular basis from which you could get such a frank assessment of the situation?
Since often appearances can be deceiving what in your personal experience would make you think that a seller was just testing and if so why would you or wouldn’t you take the listing?
What really interests me and seems even harder to know is, how many who are just testing now will be forced to sell in the next few years? There is so much Nimby-ism about the state of the market it seems like nobody except those with an IO/ARM realize the precariousness of their position.
ya I would test the waters. I would leave my house on the market a year while people trample through my home and laugh as they leave about the list price.. No problem. 30% I’m sure.
I would estimate that I speak with anywhere from 50 to 100 productive, experienced agents every week. People with ethics, experience in bad markets and a real understanding of selling real estate. Solid agents that have been around for many more years than myself and who will be around for many more to come.
The best way to determine someone’s motivation is to simply ask them where they are going. People’s motivation generally comes from where they are going not where they are coming from.
They reason you take the listing might be a couple reasons. First, you think you might be able to sell it. Second, listings are what drives this businesss. Listings generate buyers for you and they generate more listings. Third, it’s your farm area and you want the visibility of having your sign up rather than a competitors. I’m sure there are more but those are the ones that immediately come to mind.
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