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re: Real Estate Market
Posted on 4/10/24 at 4:03 pm to AUHighPlainsDrifter
Posted on 4/10/24 at 4:03 pm to AUHighPlainsDrifter
quote:Because houses newly listed are moving. Buyers see the new listing, they see the house that has been on the market and had the price cut 100k, they go to the new listing 999/1000.
I could see potential buyers wondering what is wrong with this home if it were listed for significantly less than the comps,
If they went to look at it, probably a different story. They’re not even going to look at it.
1
Posted on 4/10/24 at 4:09 pm to llfshoals
quote:
quote:
I could see potential buyers wondering what is wrong with this home if it were listed for significantly less than the comps,
Because houses newly listed are moving. Buyers see the new listing, they see the house that has been on the market and had the price cut 100k, they go to the new listing 999/1000.
If they went to look at it, probably a different story. They’re not even going to look at it.
I thought you were only referring to the price scaring buyers off, but you were saying that the time on the market, due to the asking price, is scaring them off. That makes sense. Thanks.
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