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Old 05-30-06, 03:07 PM   #11
Magic5
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Posts: 3,918
From: Denver, CO
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Not necessarily. He has to do some research for what houses are selling for around that area. He has to look at the size of those houses, etc. and then figure out what a good asking price would be based on that. Like, if houses that have around the same number of square feet are selling for $275,000. . he can't ask for $400,000 or whatever. Everybody would just go to the less priced houses. However, if houses around his area are selling for $400,000 he could easily price his to $450,000 and make quite a bit of money. It all depends on how houses are doing around his area.

I was just saying that the real estate market is no longer on the come up. . it's going back down now.
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