August 2018

Found 1 blog entry for August 2018.

You've heard it everywhere. (We have, too.)

“It’s a sellers’ market!”

When Real Estate agents shout from the rooftops that we’re in a sellers’ market, we often look at each other and cringe. Here’s why:

Some Real Estate agents believe that a sellers’ market means sellers can jack up the price of their homes and still sell. However, this is the downslide we’ve watched time and time again in brokerages all around town. When the homes don’t sell (because the value of the home doesn’t match up with the selling price), sellers panic and ask their Real Estate agent to lower the price. This is what we call The Slow Death. A little at a time, agents continue to lower the price of the home over weeks and months until, eventually, they hit the range of the

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