Tuesday, August 28, 2012

Local Realtor says: "Make an impact with your price reductions"


You know the market has shifted when the major thread of a realtor's spiel is urging you to reduce your listing price significantly.

The latest from cam car realtor on the go... Ian Watt.
“A lot of people don’t understand that prices have started to come down and they’re still trying to get those huge numbers.”

 “When you’re doing a price reduction make sure you go way below what you think it is in a declining market because you want to catch those numbers.”

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6 comments:

  1. ManfredSteynAugust 28, 2012 at 10:30 AM

    I'm glad to see he discovered "Park" on his gear shift.

    ReplyDelete
    Replies
    1. WhispererAugust 28, 2012 at 10:35 AM

      Perhaps it's synonymous with how the market has come to a stop?

      Delete
  2. AnonymousAugust 28, 2012 at 11:19 AM

    "catch those numbers" lol

    ReplyDelete
  3. ShadowfaxAugust 28, 2012 at 1:01 PM

    "catch a falling knife"?

    ReplyDelete
  4. AnonymousAugust 29, 2012 at 2:21 PM

    Whisperer - really like what you are doing here.

    On Aug. 21, you quoted from a Huffington Post article about Mark Carney stating that the Canadian housing market is overvalued by 35%. Do you have a link for this? I can't seem to find it.

    Cheers and keep up the good work.

    ReplyDelete
    Replies
    1. WhispererAugust 29, 2012 at 3:47 PM

      The link to the article is near the beginning of the post.

      Delete

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