The first 30 days are the most crucial when pricing your home to sell. It is during this time that you get the most traffic from potential Buyers. Buyers are searching the Internet and other Realtors that have buyers are searching with a particular price in mind. If your home is over priced...guess what? Yes, you are right, those buyers will miss your home. Another pitfall is that your home will help sell other homes in your neighborhood. This is a benefit for your competition, but not for you. If you wait and lower the price in a few weeks, you have already miss that pool of buyers. Price you home to sell.
Thanks for your blog but let me add. The price needs to be "right" but they also need to have the home ready for sale. How? a pre-inspection to make sure everything is up to par from the get-go.
Carl winters
Dianne,
I have seen homes not sell because the seller is unrealistic about how much to sell the home for. Have a market analysis, do your reserce & pre-inspect. I think that this would help keep the seller from missing out on finding a buyer.
Dianne: I have (my wife's niece) that has her home on the market, she wonders why she hasn't sold. Ceil told her she was being unrealistic and to consider adjusting the price and Ceil read your article to her. Don't know if she will change her mind; just will have to sit on it while others are selling.
Have a good day Dianne, Carl
Hill Country Inspector
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