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Sunday, June 28, 2009

The Bigger Sucker Theory - Is it real?


I like to review listings on Craigslist.com. It is interesting the things you will find posted for sale.
I see items with prices that leave me in total disbelief.

Would someone really pay $100 for a three mega pixel digital camera?

Would someone really pay $20,000 or $50,000 above the market price for a house?

I am not an expert on digital cameras but I do know that a ten or twelve pixel digital camera is not a lot more than the price of that three mega pixel used camera?

I do consider myself an expert on houses for sale in my market, especially the Viera, Suntree and Rockledge Florida areas. I know that any FSBO seller that believes they can get above market price for their home is wrong.

I heard it said before that there is always a bigger sucker out there. Was it P.T. Barnum that remarked about a sucker being born every minute or something like that? Well, there are very few in this real estate market, I assure you. Why?

The answer is simple - information. Information from Internet research, real estate agents, publications, tax records and other resources.

Gary Waters, Century 21 Baytree Realty, Rockledge, Florida, serving the real estate needs of buyers and sellers in Brevard County Florida. I can be reached directly at 321-693-3850 or by email at agent@moving2brevard.com.

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