Selling Tactic To Be Aware Of
The current inventory of available houses in Contra Costa County is extremely high, and the longer a property lingers on the market the less attractive it becomes. Questions start to be asked as to why no one has already bought it: Is it overpriced? Does it have unseen issues with the roof or foundation? What is causing everyone to pass on this home? Well, as the Washington Post article Freshening an Old Listing, and Other Tips for Worried Sellers explains, some sellers are trying to sidestep this problem by having their property re-listed in the MLS so its Days On Market (DOM) value will reset. The thing to keep in mind, however, is that a good buyer’s agent will do the necessary research to see past this re-listing technique and will evaluate the property for what it is worth based on today’s demand.
