Can Home Sellers Drop Their Price TOO Fast? Admittedly, the vast majority of the time, would-be Sellers of overpriced homes wait too long to reduce their asking price. But, something like 10% of the time when I see price drops, they occur too soon. The usual, three-step scenario: 1) the home was on Broker Tour...Read More
Biting the Bullet vs. Discounting the Sales Price Can Minnesota homeowners sell a house with a red-tagged furnace? The somewhat surprising answer: “You betcha!”** Ahhh, but is it smart to sell a home that needs a new furnace? The answer to that is more nuanced. Here’s mine: “Usually not — but it depends on the home’s...Read More
As stressful as selling a home and moving to another is for people . . . it can be even more so for family pets. The obvious reason: there’s no way to explain to them what’s happening (at least that I know). The cure? Extra attention, exercise, and TLC ” and if that doesn’t work,...Read More
“The Answer to the Seller’s Question, “Do You Think I Should [ _____ ] . . . ?” is Always “Yes”** Consider the rather provocative question — from a homeowner contemplating selling their home in a few years — posed to The Ethicist, an advice column in The New York Times: “We live in a large house...Read More
“Just Say “No'” ” or,”Tomorrow Works Much Better” As a rule, the more accessible a home is to prospective Buyers . . . the easier it is to sell. But, that doesn’t mean Sellers can never say “no” ” either to a showing request, or, to a Buyer (and their agent) literally standing in their...Read More
No Takers (at least, not yet) It’s certainly an understandable request from a frustrated homeowner whose home isn’t selling: spend more on print advertising, specifically ads in local or even national publications. Unfortunately, veteran Realtors know — even if their clients don’t — that that’s not how homes are sold these days (the local MLS, search...Read More
