Q & A: Will the REALTOR work more quickly to sell with a short term listing?

Q: Won't the REALTOR® work more quickly to get a home sold with a short term listing?

A: A long term listing will actually help your home sell more quickly than a short term listing. Not only does a short term listing imply that you are anxious to sell- encouraging low-ball offers- but real estate is a dollars and cents business which means that no money is spent until all the risks are weighed. Let's say for instance- you list your property for 3 months- and two and a half months have gone by. When your real estate office chooses which ads to run- they would choose listings that will be with them for a longer period of time. The office has no way of knowing whether you choose to extend your listing period or not. Therefore they bank on a sure thing.

12:19 PM - Oct. 14, 2006 - comments {0} - post comment
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