Day

May 30, 2010

Listing Prices & "Leaving Room to Negotiate"

No Discount on This One In a Buyer’s market like today’s, it’s not unusual for gun-shy Sellers to want to “pad” their initial asking price. Their rationale? No matter where they set their initial asking price, aggressive Buyers are simply going to discount further from there. So, why not pick a listing price that “leaves...
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"Location, Location, Condition"

“Not a Drive-By” Quick, test your knowledge of Twin Cities real estate, and guess how much the single family home pictured above is listed for: A. $149,000B. $249,000C. $419,900D. $599,900 Give up? Here are three more, very significant clues: 1) the home has been completely remodeled; 2) it’s located in Minneapolis’ tony Kenwood neighborhood (just...
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