[masraum]

Originally Posted by LEAKYSEALS951

The other key element is- "Is the seller being realistic?"
I've seen some sellers put an inflated price on a property expecting miracles, especially if the property has issues, or is in competition with better offerings. Happened to my dad. Not updated, full of hoarded junk, needed mucho work- but premium price. Peopled walked right into the house, turned around and walked right back out. It sat for years.

I tried to warn him. Big mistake. T'was a lesson he (and his new wife) needed to learn on their own.

That was my first thought as well.

"My place is worth $$$$." Which may be true if it's perfect AND well staged. If it's not selling fast (I would think especially now) then there's some problem, and that's likely price in my mind.

Condos may be different, but everything that I've heard from folks all over the place is that homes are going very fast, you have to make your offers right away and offers are often at or above asking. I suppose it's possible that the market is cooling off. I suppose it's possible that condos are sitting while homes are selling.