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group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
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Each month AR runs numerous contests as a way for our members to engage in activities
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Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
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Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
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These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
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Farm your niche market and cover all the happenings in your neighborhood
Are you thinking of selling your home in the Greater New Milford, CT area? Pricing your home to sell is STILL key!
The other day I heard something that has stuck with me ever since. An agent offered an explanation of a significant price increase on a listing to another. The home owner was an elderly gentleman who instructed the agent to raise the asking price because the Wall Street Journal had said the economy is improving.
Certainly the sales in the area indicate a still declining market, and in this particular instance, the demand has been even lower than the average demand in the area. Apparently explanations to the homeowner fell on deaf ears. The Wall Street Journal said so. We can shake our heads, we can disagree, we can wonder what on earth what this gentleman was thinking. But... in the end, it is up to the home owner to decide pricing.
Look at what has sold and what is you current competition. Look at how long homes are sitting on the market. Sales are still down in the greater New Milford, Connecticut area. If homes sold are rising a bit month by month, the values are still down. It is a very fragile and very volatile market. We are looking at rising short sales and foreclosures. The experts are warning of a shadow inventory, and I am seeing signs this is indeed of concern to us. Many foreclosures have been stalled within the court systems here in CT because of rulings on the validity of MERS to transfer mortgages.
Raising the asking price on your home or over-pricing your home will ensure a sale, however it will be a sale on another home that is well priced considering location, condition of the home and market conditions! It will not sell your home.
In such a turbulent real estate market, what should you do to try and get your house sold?
Price according to location
Price according to condition
Price according to the local market
Clean it up
Spruce it up
Make it available for showings
Make sure the Realtor that you pick is using all available marketing tools to get your home out to the widest audience possible. As you clean up your house and get it ready for showings, your agent needs to make sure the marketing they are doing is cleaned up, spruced up and hitting the widest group of people possible.
For more information on what I can do for you to get your house sold in the Greater New Milford, Connecticut area, give me a call or send me an email. We can discuss my detailed marketing plan that reaches the widest range of people in the shortest amount of time, highlighting your home in the best light possible.
Swiedler, Pomerantz &Adams, the Luxury SPA Real Estate Treatment!
Searching for a home? We have an app for that!
Text GLR to 87778
for your free app to search homes for sale right from your cell!
Real estate and local area information for New Milford, Brookfield, Sherman, Roxbury, Bridgewater, Kent, Warren, Washington, Morris, Bethlehem, Litchfield, Goshen, Woodbury, Cornwall, West Cornwall, Cornwall Bridge, Connecticut
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.