Pricing Right Sellers' Job No. 1
- Topics:
- Property Management
- Tags:
- Human Resources,
- Job,
- Marketing,
- Pricing,
- Pricing Strategy,
- Realty Times,
- Recruitment & Selection,
- Seller,
- Workforce Management
- Source:
- Realty Times
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Overview: It seems during a slowing market, the last person to get the message that the house needs a lower price is the seller. After all, the seller has the most to lose by "Improving" the price and it's a tough decision to let go of a dream of cashing out. A sellers market builds over time. If new jobs enter a particular area and housing doesn't keep pace, home shortages create a sellers market where prices increase and bidding wars begin. Then, one of two events happen to make a market cool down: the economy stops growing or prices become too expensive (combined with an ample supply of rentals).
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: HTML | Date: Jun 2006 | Pages: 2
