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Daily Real Estate News  |  July 2, 2008  |   Hard-Won Lessons from a Home Owner
Minneapolis home owner Lucie Amundsen’s husband was transferred north to Duluth, Minn. She stayed behind to sell the house. Here's what she learned about selling a home in a tough market:
  • Make the commitment to sell. “This market eats wishy-washy sellers alive. Sellers should be prepared to let go.”
  • Steer clear of useless feedback. “I should have had the real estate professional who listed my home turn off the electronic feedback feature. He could have passed along any helpful information, while filtering out the more hurtful and pointed comments.”
  • Be prepared for the long haul. “Because I adore my house, I just assumed other people would, too. “
  • Respond to the market. “Long before the 40th showing, we should have dropped the price or taken the property off the market.”

Source: Star-Tribune, Lucie B. Amundsen (06/28/2008)

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12/02/2008 03:54 PM07/02/2008