When my client ask me to write an offer 150k under asking price when the listing went live today
Based on inventory we are still in what's considered a seller's market. I know it feels a LOT different than it did 6 months ago, but for the time being houses are still selling relatively quickly and close to asking price. Last months average days on market was only 15 days. If a property is priced well it should see offers within the first two weeks and close to asking price. On the flip side, listening to what the market is telling you is critical. I wrote an offer on a property this week that had been on the market for 30+ days so we wrote a lower offer. The seller decided not to counter or even respond because they think they can get more... Even after 30 days on the market with no other offers. It's hard to adjust our thinking but the market has shifted, and the market speaks. If a month goes by and no offers, and few showings... You need to re-evaluate pricing. But first day on market, prhttps://rumble.com/account/content?type=alloperties priced well would be unwise to look at low ball offers. I'll write up anything you ask me to but I'll wouldn't advise that!
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