This is a continuation of a series of posts inspired by a conversation with an acquaintance who revealed a good deal of ignorance about the real estate profession. Because I think an educated market benefits everyone, I intend to debunk as many myths as possible. I hope you find this information useful. Please feel free to comment!
Myth #9: It's a terrible time to sell.
FACT - Wrong. In this market, homes priced correctly in Kitsap County are selling, and selling quickly. For a seller wishing to trade up, selling low is more than offset by buying the new move-up home at a lower price. The market will recover, and when it does, appreciation on the new home will yield a good return.
Consider: Homebuyers want bargains. If you price your home much lower than your competition, it's possible to start a bidding war.
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