Quote:
Originally Posted by DSRTRDR
we are in discussions with the realtor as to what to list the house for this time around....
she suggested to drop the price relative to last year
as if we had had any interest  in fact, none of what little feedback there was ever talked about price (more about the fact that the 'outlot' was not contiguous with the property hey, it's called an OUTlot  )
I can't see the reason to drop asking price if there is no movement at all in our price range or the one below, anyway  they can always make an offer at whatever level......I am sure not dropping asking price to the level where there is what little movement Omaha experiences at this time
...as a scientist, I have my equation figured out......I know what goes in for each year, and if you expect me to drop the price by an amount much greater than that, I am simply going to wait  |
and as a scientist, you know absolutely nothing about selling homes to nebraskans
if you leave your price high, you attract less offers which means that anyone who eventually does make an offer will feel free to lowball you anyway. thus your asking price is meaningless.
there is a lot of weird psychology and variables that goes into selling houses. part of it is about creating excitement in buyers with a new listing and a fear of losing the house. if you want to sell right away, you need to drop the price enough to create a stir in people who haven't seen it before, and thus to bring anyone who has been looking at it for a while waiting for a price drop out of the woodwork.
if you don't mind waiting another year then, given how dead the market has been, I would leave it off the market and wait to see how the market unfolds. typically the housing market heats up in the spring and peaks in early summer because that is when people with school age kids prefer to relocate. by early summer people with kids who want to buy a house that year and get relocated before school starts in september are starting to panic if they have not found what they want. therefore, wait until early june to list.