HOW DID I GET 10 SHOWINGS IN JUST 2 DAYS?.......PRICE!

I will say it again! price! It seems fairly elementary but read on......

I told my Sellers 15 days into the listing. "We need a price adjustment!". I know, I know. Your thinking, why list a home and in 15 days ask for a price reduction? It was simple for me. I asked for feedback on all my showings and it came back the same. Small yard, no yard, problem with kitchen counter, smoke smell, the lack of a yard, did I mention NO YARD!? I thought the beautiful deck would over-compensate for this but it did not. Everyone has loved the fact that it is close to waterfront homes and is in a highly sought after area. It is in a great location if you are looking to relocate to Maryland.

My Sellers understood and after much discussion we came up with a reduction plan. Our latest attempt to spur buyers in the area of Green Haven in Anne Arundel County was a price reduction with "Seller says SELL!" in our remarks. by 12 noon today I was counting my eighth showing (after 5 scheduled yesterday). Its now 5 PM and feedback is pouring in slowly. The kitchen counter rectified but you can't add on to the backyard. Now we have someone "interested" (how many times have we heard that).

This does drive home the point I have been making for three years now when a client is looking to sell their home in Baltimore, Harford County, Cecil County and Surrounding areas, PRICE IS KING!

It's not so much condition anymore, I have sold homes with Mold, Termite Damage, Needing Paint, No Appliances...everyone is looking for PRICE! How much can I afford? My Buyers are looking for REO, Foreclosures and Distressed homes in Maryland, Baltimore because of price. The banks are willing to take a hit to move their inventory and our qualified buyers are lining up. Not to mention a possible $8,000 tax credit for first time home buyers.

Asking for a Price Reduction for a Seller can certainly be difficult in this market but if they are serious about selling, you have to focus on the needs of the buyer! Price, closing help, etc. Also, price alone I believe will not sell a home. It still needs to be marketed aggressively....visual tours, listing on Active Rain, etc.

Robert McArtor is a licensed Real Estate Auctioneer and Realtor serving Buyers and Sellers of Real Estate in Maryland, Harford County, Baltimore County and City. If you are looking for an agent to represent you in Selling or Buying a Home in Harford, Become a VIP Buyer!

Baltimore County, Cecil County, we are here to help you. As a Relocation Specialist, we can help you Search for a Home by using our Homes Database. Our marketing techniques will energize your property in the marketplace and bring your property to the front of the line. We have been helping homeowners with the sale of their Homes in Harford County, Baltimore County and Baltimore City for years. We are BRAC Relocation Specialists. Long and Foster Real Estate is here to help with your real estate needs.