Related Links
 |
 |
 |
 |
 |
 |
Tag Archive
What’s the difference between price and value?
Imagine a simple housing market where all property values are known with certainty. Even though values are not observable, all current prices would be “correct” (i.e., identical) and all future prices would be perfectly predictable. In such a market, price always equals value. »
Managing the 2009 Bidding Wars
Lately we have been seeing bidding wars for real estate. Some have fetched more than 25 percent over the asking price. »
The next few months could be tough
The reality is that the next few months are going to be tough for the national economy, unemployment and the real estate industry. If you attended Dr. Austin Jaffe’s seminar at Monday’s PAR Business Meetings you have probably figured that out. »
Does the market penalize overpriced listings?
Most brokers intuitively understand that overpriced listings don’t result in higher prices for sellers. In fact, setting a high asking price might have unintended consequences: a longer time on the market that might lead to longer listing agreements. »
