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Reply to "Houses that sell over asking were priced wrong to begin with "
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[quote=Anonymous][quote=Anonymous]There are different strategies to price a house in different markets for different clients. I prefer fair market price but if selling in a hot market with low inventory, I would price it low and let bidders decide what's fair. I don't recommend pricing too high as then it becomes stale sitting on market through multiple cuts and p[b]eople assume there is something wrong with the house[/b]. [/quote] This is the issue. And a couple of price cuts sometimes encourages low ball offers, since it signals that the price is unrealistic.[/quote]
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