As a real estate agent it’s our responsibility to help provide as much information to our clients in every way possible. KCM or Keeping Matters Current, a source for what’s happening in the real estate market, shares the latest trends and offers useful tips for home buyers and sellers.
A few months back the KCM blog featured a post by Ken H. Johnson, Ph.D., Florida International University & Editor of the Journal of Housing Research. The post answers a very important question that most sellers need to understand before listing their home on the market. Can I list my property at a higher price initially and then adjust the price if it doesn’t sell? Is this the best way to price a home for sale? Are there adverse effects from changing the listing price of your home? This question has been troubling real estate professionals as well as sellers for years. Continue reading What are the Negative Effects of Changing the List Price of Your Boca Raton Home?