Do you want your home to sit or sell? Being “on the Market” is not the same as being “In the market”. Pricing Your Home to Sell means pricing your home “In The Market”. Correct pricing is just as important as staging and marketing when selling your home.
Pricing your Home to Sell – this video explains the difference between just pricing your home, and pricing your home to SELL. See how Price and Condition impact your ability to sell.
This video was made in 2010 during the down turn in the market. In 2010 we were in the middle of a depreciating housing market. In 2015, most homes are appreciating in value and there is a low amount of inventory for buyers to choose from. Homes that are priced correctly from the beginning often receive multiple offers. However, the message is still relevant.
If you are on the market for two weeks and getting showings, but no offers, you are in “no man’s land”. You are priced out of the market. You need to act quickly to adjust the price to a point where you can attract offers. Typically, the longer you are on the market, the lower your offers will be. Pricing Your Home to Sell means that you try to get the price right in the beginning, and then are ready to adjust quickly if no offers come in.
Contact The Myra Jensen Team – Home Marketing Experts for a free Marketing and Pricing Consultation