Comments on: Should I Price It Firm Or Flexible? http://www.thetimwoodgroup.com/2009/10/17/should-i-price-it-firm-or-flexible/ The first name in Big Bear Real Esate Wed, 24 Feb 2010 04:05:05 -0800 http://wordpress.org/?v=2.9.2 hourly 1 By: Tyler Wood http://www.thetimwoodgroup.com/2009/10/17/should-i-price-it-firm-or-flexible/comment-page-1/#comment-346 Tyler Wood Sun, 25 Oct 2009 22:11:26 +0000 http://www.thetimwoodgroup.com/?p=3469#comment-346 Thanks for the comment Cameron. Good point. Hopefully, if you've done your homework and know the values in the area, that problem will not come up. The property should sell in a reasonable time frame, 90 days or less. That does not always happen. In those cases, I go to the showing stats and/or comps that are getting the activity. If it is priced aggressive, there should be quite a few showings. If you are getting lots of showings, or other properties in the area and price range are moving before your listing is, then the buyers are not agreeing with the price. We try to be right on every price we set, but that is not realistic. Gotta work with what we see the market telling us in my opinion. Thanks for the comment Cameron.

Good point. Hopefully, if you’ve done your homework and know the values in the area, that problem will not come up. The property should sell in a reasonable time frame, 90 days or less. That does not always happen. In those cases, I go to the showing stats and/or comps that are getting the activity. If it is priced aggressive, there should be quite a few showings. If you are getting lots of showings, or other properties in the area and price range are moving before your listing is, then the buyers are not agreeing with the price.

We try to be right on every price we set, but that is not realistic. Gotta work with what we see the market telling us in my opinion.

]]> By: RiversideShortSaleAgent http://www.thetimwoodgroup.com/2009/10/17/should-i-price-it-firm-or-flexible/comment-page-1/#comment-316 RiversideShortSaleAgent Sun, 18 Oct 2009 19:57:24 +0000 http://www.thetimwoodgroup.com/?p=3469#comment-316 Thanks for the article Tyler. One problem I often run into.... Once a seller lists for a firm price, they they will get rigid and not want to lower the price if it is necessary to generate a buyer. They begin to believe the home is worth the price at which it's listed. Cameron Riverside, California Thanks for the article Tyler. One problem I often run into….
Once a seller lists for a firm price, they they will get rigid and not want to lower the price if it is necessary to generate a buyer. They begin to believe the home is worth the price at which it’s listed.

Cameron
Riverside, California

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