Statistics say that the best chance for selling your property is within the first seven weeks? Experience has shown that this is true. These studies show that the longer a property stays on the market, the less the seller will net upon the sale. It is so very important to price your property at a competitive market value at the signing of your listing contract.
Our present market is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell.
An Overpriced Home:
- Minimizes offers
- Lowers agents' response
- Limits qualified buyers
- Lowers showings
- Lowers prospects
- Limits financing
- Wastes advertising dollars
- Nets less for the seller
When you are ready to list, contact me for honest advice on how to get top dollar for your home! A home that shows well and is priced to sell – will sell!
The big question is: Do you want to sell or stay??
Is the market price less than what you owe ? We need to have an honest conversation on Short Sales and other options. Do not walk away - there is hope there is help!
Kathleen Lordbock
REALTOR/Short Sale & Staging Specialist
Keller Williams Realty Brainerd Lakes
218-831-8001
Welcome from the Brainerd Lakes - where outdoor and indoor recreational opportunites abound. Looking to buy on one of our many lakes? Ready to move up or down? Having trouble selling your home? Falling behind on payments or already in the foreclosure process? I am a Certified Short Sale Specialist as well as a Home Staging Expert.
Call me!
Then there are the few that are priced right that just sit. For no reason that I can see they just do. Have a great Thanksgiving!
Kathleen, thanks for the post. Getting the seller to realistically price their home is the biggest battle of the listing!
You have a great Thanskgiving, as well Laura. There are always a few that do not sell but there usually is a reason - we just need to reevaluate and really go after agent and prospective buyer feedback.
Craig - It is an issue and we need to devlop better ways to show them the big picture. Motivation is also an issue and one I am asking before I take the listing. We do not need to test the market!
Kathleen...it is surprising that many people just don't believe the drop in home values.
Gobble gobble William - they do not.
What kind of sound do ostriches make, I wonder?? Wake up and smell the roses ( i.e. home prices dropping).
Have a fun and thankful day tomorrow!!
I agree that everyone seems to think that there house didn't drop in value - just the others. Hmm... Wonder how that works?
Kathleen, So tue, it makes no sense a listing high and know you it won't sell. Who has the extra time? I politely tell them I am not the one to help them out if they want to start too high. I have shocked a few people, but I still have good relationsships and referrals from them for being honest! All the best, Michelle
Kathleen,
I use the line, "Do you want to sell your house or just list it?"