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TL;DR: In a declining market, "waiting to see what happens" is the most expensive mistake you can make. If you price your home even 2% above the current market, you risk chasing the market down—constantly cutting your price only to find that buyers have already moved on to the next lower tier. You are either out now, or you are stuck. The Strategy: Pricing Ahead of the Curve: Why the first 10 days on the market determine if you win or lose. The Chasing Trap: How "room for negotiation" actually scares away the only qualified buyers left. Client Lessons: Real stories from the last cycle about homeowners who refused to act decisively and ended up in a "Post D" situation. A Critical Note for California Homeowners: If you’ve already missed the window and find yourself upside down, you definitely want to talk with an attorney because an attorney might be able to recharacterize cash-out refinance money as non-recourse. This legal move can turn a life-altering debt into a simple capital gains problem, but it requires a lawyer's intervention, not just a realtor's "For Sale" sign. Contact Information: John McConnin | john@listingattorney.com San Diego, CA | Broker = Attorney | DRE # 01445675 | State Bar # 154852 upsidedownrealestate.com