Realistic Approaches are the best for the Buyer and Seller..

Sellers urged to set lower prices

Wednesday, October 17, 2007
By KATHLEEN LYNNSTAFF WRITER

Realtors often warn sellers about the danger of overpricing a house. Now they have evidence to show skeptical clients: research by Jeffrey Otteau, an East Brunswick appraiser.
He found that in a market where prices are declining, sellers who "test the market" with a high price usually end up with a lower price than those who price realistically....continue

If it looks too good to be true sometimes it is...

Home sellers getting stuck in Foxtons' bind

Thursday, October 18, 2007
BY SAM ALIStar-Ledger Staff

Pamela Armstrong figured she was getting a deal when she signed a six-month agreement with Foxtons to sell her $550,000 lakefront home.
But soon after Armstrong signed on, Foxtons abruptly shut its doors....continue