11 Days? Did it happen in 2005?
It happened 2 weeks ago.
11 Days? Did the seller take a huge hit?
The seller got their full price.
11 Days? Who's the magician?
Paul Riendeau is a pro at real estate, but none of us are magicians.
OK, how do you do it?
You price the property right. You analyze what's out there and what's been selling. You set a competitive price in sync with the reality of the Athol real estate market.
That's all?
While there are other influences, the right price is the key.
A few years ago, a house priced too high was merely a house priced ahead of its market. A seller could relax - in a few months, the market would rise and the house would sell.
In 2008, sellers who aim too high see their property lingering on the market and getting lost in the shuffle. Buyers know too much to buy an overpriced house, in Athol or anywhere else.
The takeaway for sellers: Only sellers who price their property competitively can succeed in today's real estate market.
The takeaway for buyers: If you see a home that's priced right, jump on it. Even in today's market, if it's a good deal, it may be gone soon.
Like in 11 days.
