Cathy Innamorato, B.E.S.
Broker

RE/MAX All-Stars Realty Inc.
Brokerage
Independently owned and operated

5071 Highway 7, Markham, ON

Phone: 905-477-0011  Direct:  647-501-7653
                                                 
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What Do Tight Underwear and List Price have in Common?

May 28, 2010 - Updated: May 28, 2010

If your Realtor wants to have a discussion about a price adjustment you shouldn't be surprised.  Afterall, the market isn't static, it's dynamic.  It is constantly changing and if your Realtor is keeping up with what's happening in the neighbourhood (re: prices of comparable properties) and the local market, this discussion might come sooner (than 30 days) if the market is changing rapidly.

Their are two reasons why a Realtor might want to have a discussion regarding a price adjustment:  

a)  other homes in the area have lowered their price

b)  many more homes have entered the market place, which puts downward pressure on prices

So, what do tight underwear and the 'List Price' have in common?  They both require an adjustment.


Filed under: list price home prices market comparable properties local market market change
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