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Most Sellers can only remember
what it was like when they bought the house a few year's earlier –
it was a Seller's market then and they had to bid up by 5 or 10
percent and had to put down a lot of money. They just can't
fathom the fact that now the Buyers will get to come in and bid 5 to
10 percent below their asking price.
Here are some strategies that will work in a market that is becoming
competitive from the Seller's perspective:
Drop
the Price
Pretty simple, but it works. The Buyer doesn't care how
much you paid for the house eight years ago, or how much work you put
into the place. If
you're overpriced, they'll buy someone else's house. So, if your
home isn't moving, check the price first.
Offer
a Deal
If you are bent on keeping your price, then sell the deal instead of
the house. Take the initiative to place an offer on the table before
any Buyers even come into the house.
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