I May Not Always Tell You What You Want To Hear!
By Sondra TenClay
(Grand Rapids MI Coldwell Banker AJS-Schmidt)
I just returned from a meeting with sellers who have a home to sell that they no longer occupy. They have purchased another home and have physically and mentally moved on. Except for this one small detail...they have a home to sell! The odds are daunting. In their price range there are 22 homes for sale in the surrounding area, only 2 have sold in the past 12 months. Of all of the units sold throughout our Multiple Listing Service (MLS) in the Grand Rapids area, only 2% of the properties sold were in this same price range. That means at the current level of activity we have a 10 year supply! Our discussion was frank and to-the-point. They have been under contract with a company who charged them a flat fee to have the property on the MLS but did no marketing for them. In fact th...
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