September 9, 2009

"Motivated Seller" — The Update

Latest Price Cut: Right on Time Want to guess when — and how much — the next price cut will be, if it still hasn’t sold? –“What Does a Motivated Seller Look Like?“; City Lakes Blog (9/3/09) A week ago, I posed the question above after noting this series of price reductions on a Minnetonka...
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"Need an Open/Have an Open"

Fewer, More Seasoned Realtors It’s more anecdotal than scientific, but a useful insight into exactly how many Realtors are out there chasing business at any given moment is what I’ll call the “Need an Open/Have an Open” index (“open” as in “open house”). If you didn’t know, holding (Sunday) open houses is a time-tested way...
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