Everything Will Sell, Eventually
Via Dan Wolf (Keller Williams Realty AK Group) : Sellers who have selling experience under their belt, as well as real estate licensees who have " been around the block " know; Everything sells - eventually . What I mean when I say that is there are only so many factors that need to be considered in a property sale. If you owe too much and cannot lower your price , you might have to plan to wait a long time. Markets cycle; things change over time. If you wait long enough, the circumstances will change. One example of things changing is interest rates. When I was in real estate school in 1983 the instructor told us any interest rate under 10% was good for business. It was 12% and 13% for a while. No one would ever have guessed it would be 4% for a 30 year fixed rate mortgage! On the flip side, price and condition are everything . If you have the latitude to make adjustments, that's exactly what you should do. Some...