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Old 06-06-2013, 09:35 PM   #770
UFO
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So we touched on this a few pages back, but just a general consensus, are realtors getting 'desperate' to make some deals yet?

One of our neighbours listed what I felt was on the higher side of reasonable at 435, hoping to sell at 428, assessed value at about 410. They got a couple of lookie loos, but no interest and zero offers. Their agent recommended them to list at 399 and try to auction it up to their accepted sale price of 428. I've not found out how that strategy worked out, but it seems like they were not overly happy with that agent's approach after the fact, perhaps still not getting the quality bites; I'm guessing they were getting offers below or at the new list price, but not over. They are on a time line though, needing to sell by the end of June, so that can play in quite heavily.
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