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
“Death By a Thousand Cuts” (Or Raises) No home Seller, quite understandably, wants to leave money on the table. No Buyer wants to overpay. Which is why it can be so tempting to initially list for too much (Sellers) or offer too little (Buyers). Big mistake. That’s because what often happens next — and by “next,” I mean, “several...Read More
Surprisingly Spacious Where: 2921 Huntington Ave South, in St. Louis Park’s Fern Hill neighborhood (and just blocks to Cedar Lake and Lake Calhoun). What: Two-story stucco duplex (up and down) with 2 BR/1 Bath on each floor. How much: $429,900. When: Price reduced three days ago. Who: listed by Ross Kaplan, Edina Realty – City Lakes. Don’t miss...Read More
