If you are considering putting your house on the market soon please consider the following information. In September I sold two houses, I represented the buyer in both transactions. The first one was on the market for 5 years. The price was inched down slowly over that time period and it eventually sold for about half the original offering price. The process was torturous for the owner, creating anxiety angst and anger, not to mention the financial stress over the carrying costs on the house that was not being lived in! The second one was on the market for 2 weeks. The owners had an appraisal done at $1,550,000. They listed at $1,390,000. I sold it for $1,375,000 immediately. There were buyers buzzing all around this house and two other offers in when we had ours accepted. If I had not sold it, I have no doubt they would have had even more offers in the next week. Which seller would you rather be???
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