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Buyer’s Market

Buyer’s Market Conundrum

“I Can’t Find Anything I Like” “Water, water everywhere [but] nary a drop to drink.”–Samuel Taylor Coleridge, “The Rime of the Ancient Mariner” One of the conundrums of a housing market supposedly flooded with inventory is Buyers who lament that they can’t find anything they like. What’s going on? Is it just their imagination? Actually,...
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"New" vs. "Re-List"

Q: When is a “new list” not new?A: When it’s a re-list “‘Insanity’ is doing the same thing over and over again and expecting different results.”–Albert Einstein January in Minnesota is about snow, subtly lengthening days (finally!), and — to Realtors — re-lists. Lots and lots of re-lists, especially this year. If you’re not familiar...
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Deal . . or No Deal?

Another Steep Discount From Listing Price If you have to sell Christmas week in what is already a soft market . . . you may not like the price. This is the second instance I’ve seen of a property sold then accepting a very deep discount from the most recent list price. The home is...
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Closing Deals in a Soft Market: Understanding Buyer Psychology

What’s the difference between a good real estate agent and a great one? A good agent thinks that their job is to attract a well-qualified buyer willing to pay the seller’s asking price. A great agent thinks their job is to find . . . three or four of those buyers. Especially in a buyer’s...
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