Fastest way to sell a home? Underprice by 10%
Home sellers my not want to hear this, but housing experts in an article at CNNMoney say that under pricing a home by 10 percent may help it sell faster. While sellers may miss thousands from the sale, they likely will avoid months of carrying costs from the home lingering on the market to offset that loss.
In today's real estate market, this tactic is the culprit for the mini bidding wars that are going on every day. With the true winner, being the sellers with their home sold in just a few days and for more than the listed price...
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