Do you have a Rule of Thumb? I do!
By Ginger Harper, Your Southport~Oak Island Agent~Brunswick County!
(Coldwell Banker Sea Coast Advantage~ Ginger Harper Real Estate Team)
I have just sent an email out to my listing because we have the Fall Tab that will be printed in the next 3 weeks. This Tab has a shelf life of about 3 months and will be in the resturants, grocery stores, novely stores etc. So we get right much Bang for our Bucks on this one. I have learned through past experience, these 2 truths. 1. If you have a property listed for sale and you have showings but NO offers, the your property is 5% over priced! 2. If you have a property listed for sale and you have NO showings, then your property is 10% over priced! This keeps holding true, on and on and on until you get to the price that the property will sell for. The buyer dictates the Market. Do you have a guide of some sort like this in your marketplace? AS a result of the email I sent out t...
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