Sellers Could Lose Waiting for Buyers to Make Offers

by M. Anthony Carr
Realty Times

One of the biggest mistakes sellers make in a buyers market is trying to price their houses with a “cushion” in the asking price for negotiation room. In the current market where most sellers find themselves, it’s all back to price, condition and location.

Pricing the house from the start is the first offensive strike the seller possesses in his arsenal.

This can be an emotional ordeal for sellers. The seller who approaches the sales price of a house like the asking price of a used car — where negotiation and give-and-take is expected — will also be calling the movers sooner and get through the transaction with the least amount of emotional turmoil.

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