OVERPRICED HOMES DON'T SELL
By Ken Tracy, Helping clients buy and sell since 2005
(Coldwell Banker Residential)
A home I know quite well just came on the market in my farm area, River Bend. I met with the homeowners last spring. At that time, the homeowners were interested in selling their townhome and buying a bigger home in nearby Naperville. They asked me about pricing. I explained to them where there home would stand in the market. They were hoping to sell their townhome for about $350K. At the time, it would have sold for around $310K. They were disappointed and chose not to put their home on the market. I showed them a few homes last spring just the same... And a few more this spring... A few months back, they put a FSBO sign on their home. I have no problem with someone trying to sell their home by themselves. Everyone wants to save a buck, and if they want to try it, more power t...
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