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Long Grove Il House Sold... Its all about the price.

By
Real Estate Sales Representative with Compass

I sold a home in Long Grove....  What was the secret?   Long Grove home sold by Judy GreenbergWhich of the 3 p's made it sell?

Did it sell becauses of the  Price? the Presentation?  or the Promotion?  Probably a little of all of them but mainly ...  Yes you guessed it- the price!

It sold because it was priced right!  I call it the magic price! 

Did I not mention Presentation and Promotion?  The home was presented beautifully and promoted superbly.  However, many homes are gorgeous, listed with experienced realtors and these homes  still don't sell. 

So why did this home actually sell when it did.   Did I mention it before... Price! We dropped the price from $719,900 to $679,000.  That was the magic price....

Price is what matters.  There is a price which is compelling to the buyers presently in the market and if you lower the home to that point, you will generate a reason to purchase.  Sometimes if  you lower the home just below the market value, you can get multiple offers which will drive the price back up.  If you don't get multiple offers, you will at least get an offer close to your asking price. 

Some clients cannot afford to lower their price to the magic price... Then it is the lister's decision whether they will stay on with the listing or wait to be the 2nd or 3rd realtor when the seller becomes more realistic.  Although a seller says that he can't afford to lower the price, in my opinion he really can't afford not to. 

If you are looking for a Long Grove Il real estate agent to sell your home, I will find you that magic price!

 

 

Judy Greenberg's websites, www.buffalogrovehomes.com  www.vernonhills-homes.for-sale.com provide all the information regardless as to whether you are a potential Buffalo Grove buyer, lessee, seller or lessor.   

Judy can be reached at 847-602-5435 or via email at info@buffalogrovehomes.com. Judy has helped people move in and out of  the Chicago Northwest  Suburbs. including but not limited to Long Grove, Kildeer, Buffalo Grove, Lincolnshire, Vernon Hills, and Hawthorn Woods.

Facebook Profile: http://www.facebook.com/JudyGreenberg

Linkedin Profile: http://www.linkedin.com/in/JudyGreenberg

 

Posted by

The above blog post was written by Judy Greenberg.

 

If you are looking to buy or sell a home in the Chicago Northwest Suburbs, you have come to the right place...  Call or text me at 847-602-5435
 


THE JUDY GREENBERG GROUP

Coldwell Banker Residential Brokerage
THE GROVES OFFICE
4192 IL Route 83 #F – Long Grove, IL 60047
847-602-5435

info@buffalogrovehomes.com
 

Oh, by the way, I'm never too busy for referrals!

 

 

 

Comments(4)

Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Congrats on your sale, pricing it right is the key to success these days.

Nov 19, 2010 02:16 AM
Judy Greenberg
Compass - Long Grove, IL
Compass- Long Grove -Buffalo Grove

Lyn,  only if all the clients would listen...

Nov 19, 2010 10:23 AM
Noah Levy
Coldwell Banker - Highland Park, IL
Coldwell Banker Highland Park IL

JUDY WELL SPOKEN!!!!!  Price is the key to a sale! Congrats

Nov 19, 2010 11:18 PM