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Trusted Contributor
paydirt68
Posts: 131
Registered: ‎08-11-2010

Re: Average Days on Market over 150 Now!

[ Edited ]

"The house is on the Market for 180 days.  The home owner is a realestate agent who had a friend host the open house.  As we walked in, the hosting agent told us if we were interested, we had to make an offer that day with him.  Supposedly the house was getting an offer in that day and the owner was ready to accept it for 3% less than asking price.   As a victim of being outbid in recent multiple offers, we are ready to buy the next 'first' house we fall in love with.  That house wasn't it....not because of the house.  I think it's because of the agent.   The house is still on the active listing...hasn't gone pending. "

First bit of advice is: don't fall in love with anything.  Be a cool headed investor.  That might mean wearing a different hat but it will help you think clearly.

Second: You should have a yourself a good buyer's agent who will handle the mediation on EVERYTHING from shopping to your transactions on real estate.  If you don't feel comfortable enough with the one you have, remember the first advice, be cool headed and find one that suits you best.