Friday, October 6, 2023

Ask about the home's listing history!

If you're thinking about purchasing or selling a property, please reach out to me at michaelgacek@edinarealty.com. I bring with me an extensive 38-year track record, boasting 995 successfully closed sales.



Often, when a house remains unsold for an extended period, the listing agent, with the seller's approval, may choose to terminate the listing, reduce the asking price, and subsequently relist it as a "New Listing" with the updated price, often on the same or the following day. Without inquiring, you might remain unaware of this occurrence, but it's essential to be aware of when it happened.

Why is it important to know this? It can provide you with valuable insights into the seller's motivations and help you determine the appropriate price for your offer.

 

Note: when a home buyer engages my services to advocate for them during a home purchase, I consistently prioritize this as part of the comprehensive support I provide to ensure my clients make informed decisions.


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