In today's market agents have a responsibility to be up front to sellers about the reality of the market. There are a few steps when it comes to selling a house that you the seller should know.
The first step is to obviously decide that you would like to sell the home. You will then call a Realtor to come to your home and speak with you. At this time the Realtor will be able to discuss the market conditions and what it takes to sell a home. This is a crucial step. It is really important that Realtors are up front and straightforward about the market conditions when it comes to price.
After you are given the information about the price, it is than up to you the seller whether you want to sell or not. If you think that your home is worth $300,000, but the market would only withstand a price of $275,00, it is up to you the seller whether you NEED to sell or want to wait the market out.
In this market we need to price ahead of the decline, or it may end up hurting you in the end when it comes to days on the market.
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