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Why Some Properties aren't selling in Lancaster Co. , PA
Sellers need to read this article. More often than not this is the reason a home stays on the market! I can do a market analysis for you to determine the correct price. Don Hess KW Elite Keller Williams Realty 1280 Plaza Blvd. Lancaster, PA 17601 717-553-2500 Office 717-715-6288 Mobile 717-786-7967 Direct donhess39@gmail.com If Your Home Hasn’t Sold Yet… Check the Price! 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. 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. Sellers , update your Current Market Value by receiving a 25+ page National RPR Report . ... more
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