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Realtors "Just Say No" to Overpriced Listings in 2009

I just turned down my first listing for 2009.  The seller needs to get a certain price out of the sale of his home, a price the market will not bear.  There ‘s absolutely no reason to take this listing, because the home won’t sell at the price the seller needs.  The real estate market is not about what the seller needs.  It’s about what the buyer is willing to pay.    Those who really need and want to sell in this market will sell if the home is not overpriced.   As Realtors we can’t change the overall economy, but we can contribute positively to the state of the real estate market by only taking listings that are priced right.

The real estate agent 2009 resolution:

Just “say no” to overpriced listings.

Tell sellers the reality of the marketplace.

Don’t list a home unless the seller is on board with today’s pricing, condition, and marketing.

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  • http://www.kenmoreundressed.com James Lupori

    Hi Debra – Thank you, thank YOU……THANK YOU for being so crystal clear. The problem with homeowners and (in far too many cases) their agents, is that the facts don’t seem to matter anymore. The market has spoken loudly about home prices. Shame on any agent willing to take an overpriced listing in today’s market. In fact, it’s simply unethical to do so.

  • http://www.debrasinick.com Debra Sinick

    Hi James,

    It’s crystal clear as to what we as agents need to do to help turn our market around, just say no!

    Have a Happy New Year. But what I really want to know is if Ardell’s biscotti came out well! What have you heard?


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