Seller's need to be flexible on price and attentive to detail

This from a Wall Street Journal Article on the current housing slump:

"The message for home sellers is that they need to be flexible on price and may have to spruce up their house to stand out against plenty of competition, including from builders desperate to shed inventory"

It is clear that sellers need to be much more attentive to the realities of current market conditions. Tightening credit means less buyers, so your asking price better be competitive. And with inventories rising in many areas of the country sellers will not only need to get real about their asking prices but also spend some time and money on staging and presenting their homes in the best possible way.

Posted at July 26, 2007 07:18 PM

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