If Your Home Hasn’t Sold Yet… Check the Price!

Johna Medeiros
Published on January 9, 2017

If Your Home Hasn’t Sold Yet… Check the Price!

If Your Home Hasn’t Sold Yet… Check the Price! | Simplifying The Market

The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the winter as many real estate professionals are reporting bidding wars with many homes selling above listing price. What about your house?

If your house hasn’t sold, it is probably because of the price.

If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. See chart below.

 

If Your Home Hasn’t Sold Yet… Check the Price! | Simplifying The Market

Bottom Line

The housing market is hot. If you are not seeing the results you want, sit down with your agent and revisit the pricing conversation.

from Simplifying the Market™ http://ift.tt/2iUeJM5
via IFTTT

Want to know the value of your home?
Our professional staff will figure it out for you for FREE.
If Your Home Hasn’t Sold Yet… Check the Price!
Please use a valid email.
Please use a valid phone.
Please fill in all fields.
view now