List-Price-Accuracy Gauge

Written by Jim the Realtor

February 15, 2011

Our simple guide to home pricing:

11 Comments

  1. Susie

    *Chuckle* You just had to show that beach with the waves breaking with the price accuracy gauge, huh, Jim? Agony, torture, ugh! As far as I look, there are NO beaches in Potato Land…

    PS The high temp here in Boise today nearly beat a record dating back to 1907. It hit 60 degrees! *Grin* Where’s an ice cream truck when I need one?

  2. Another Investor

    But, JTR, my house is BETTER than all those REO’s selling for those low prices. All I need is the RIGHT buyer, the one that understands my house is worth MORE…..

  3. Jinx

    Someone is going to fall in love with my walmart faucets and light fixtures, .99 cent laminate flooring and linoleum. I just know it!

  4. doughboy

    With 8 of the next 10 days forecast for rain, I had bet that has to effect home sales in SD County eh?! We have had 45 days of 2011 under our belts and most of those days were crystal clear sunny 70+ degrees, realtor days. Does biz drop in half during rain here Jim?

  5. Jim the Realtor

    It’ll keep the amateurs huddled around the coffee and doughnuts, complaining about how bad the market is, and how they haven’t sold a house in a year….

  6. Chuck Ponzi

    Jim,

    Please fill me in. Selling a house successfully has which components:

    1. Price
    2. Availability to show
    3. Good MLS pictures/walk through?
    4. Underwear Gnomes?

    Seriously looking for the right answers as you see them.

    Chuck

  7. somebody

    Jim, I’ve looked at lots of houses that after a tour were 20%+ overpriced.

    People will come if you are priced in a target basket, but that doesn’t mean that your pricing is rational (and I’d say within 10% is rational). Plus I’ll submit an offer with a target price far below 90% list.

  8. osidebuyer

    Deep Thoughts – with Jim the Realtor…

  9. Mozart

    I’d add this; Sellers, if nobody is looking at your house pull it from the market. Dropping prices is how you go into a death spiral.

  10. JK

    Yeah “Tampa” but what happens when the “big wind” blows it away?

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