How To Price Your Property In A Slowing Seller's Market

How To Price Your Property In A Slowing Seller's Market

When the Chicago real estate market is in high gear like it has been since early 2012, it's common for Sellers to initially price less aggressively at the beginning of the cycle and over aggressively as the cycle matures, just prior to flattening out or declining.  Early in the cycle, Sellers are pleased with quick sales at or near full list price.  As the market strengthens, bidding typically becomes more aggressive and properties will frequently sell over list price. 

Read More