That’s just about the gist of it.
If you’re putting your home on the market, you need to price it at, or even slightly below, the price of the competition. That is, if you want to sell it.
And, you might consider not putting down money on a new place, until you have a signed purchase and sale contract on your current one.
The Herald’s Jerry Kronenberg (hmmm … look for his article in
Monday’s today’s Herald about the high price of Boston parking …) gives some tips to sellers.
#1 – Set a realistic price.
Complete article: Playing hardball on low-balls: How sellers can turn cut-rate offers into full-price bids – By Jerry Kronenberg, The Boston Herald