Big Bear Real Estate - Who Controls Real Estate Pricing?

Tyler Wood from Coldwell Banker in Big Bear Lake, CA discusses real estate pricing. Many people think that real estate agents can somehow manipulate the market to keep prices up or down. Buyers and sellers are the ones who control the pricing. In this market, it is more buyers than sellers. If a property isn't worth it, no matter what an agent does, the buyers are not going to buy it. Conversely, if a property is priced too low, assuming it is exposed and marketed properly, it will see multiple offers and sell for more than the asking price.

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People & Blogs

Tags:

• big bear real estate
• buying a home
• selling a home
• market conditions
• pricing