Benjamin Franklin’s quote: “Lost time is never found again” is a powerful reminder to sellers that time is critical.

 ·        The best opportunity to reach a buyers attention is within the first 30 days a home is on the market. 

·        The number of showings is greatest during this time if it is priced at a realistic market value.

·        Starting too high and dropping the price later misses the excitement and fails to generate strong activity. 

·        Many homes that start too high end up selling below market value.

Sellers need to price correctly in order to be competitive before the market moves on to newer listings.

stop watch

 

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5 Comments on Time is Critical for Sellers

JAN
02
2012
411,472 Points 15 Featured Posts Outside Blog Called Shot Master

Price it right from the beginning, ABSOLUTELY!  Great advice.
3:48pm • #1
319,651 Points 6 Featured Posts Localism Sponsor

Excellent advice!  In Atlanta, homes that are priced right sell for 97% of the listing price in less than 30 days... and for those list too high, they either don't sell or they sell after 6+ months at about 25% less than they originally listed it for.  It's amazing!
4:00pm • #2
1 Featured Post

Kathy - Thank you.

Kerry - Congratulations on your success!  25% less is a huge number.  I bet that gets sellers attention. 
7:30pm • #3
1,156,673 Points 17 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Hello Mary ...

Wonderful post, short sweet and to the point! Welcome to "Late Night" and you post has been featured at one of my favorite groups at AR ...

LATE NIGHT - EARLY MORNING AT ACTIVERAIN

   

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Vegas Bob ;o)
8:08pm • #4
JAN
25
2012
230,369 Points 9 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Excellent advice Mary.  The worst thing that can happen to a listing is for it to go STALE so no one will notice it even after the price is finally reduced. 
2:29am • #5


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Mary Sitton, REALTOR® Hendersonville, NC and WNC Area

Hendersonville, NC

More about me…

Mary Sitton (Keller Williams) Gann Realty Group

Address: 404 S. Main Street, Hendersonville, NC, 28792

Office Phone: (828) 290-1021

Cell Phone: (828) 489-9354

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Hendersonville North Carolina and surrounding areas Realtor®
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