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room to negotiate

The Fallacy of “Leaving Room to Negotiate” (aka Overpricing)

Would-Be Home Sellers Beware “If your parents don’t have children, you won’t either.” –old joke. “If your home doesn’t get showings, it won’t get offers, either.” –real estate equivalent Not a few would-be Sellers, arguing for a too-high listing price, rationalize that “Buyers always come in low, so why not leave a little (or a...
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“Dug-In” Buyers

Firmer Lines in the Sand? “What we’ve got here is a failure to communicate.” –“Cool Hand Luke” A couple years ago, when you heard a Buyer’s agent characterize their client’s position as “final,” it almost never was. Today, it seems like the opposite is more common, i.e., Buyers’ agents — especially agents representing first-time Buyers...
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