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Why is Pricing My NH home right so Important?

By
Services for Real Estate Pros with Bean Group | Brin Realty Associates

Why is Pricing My NH home right so Important?  The Importance of Intelligent Pricing in NH Real Estate.

NH homes pricesThere are many factors buyers consider when purchasing a home.  Many can argue whether its price, location or condition.  But from the outset its important to get the price right from the beginning on your home.

1.  The first 30 days from the date its listed is critical; showings will drop by 80-90% after the first 30 days.

2.  As the property stays on the market without offers, there are price reductions that are necessary to attract a buyer.

3.  If the property wasn't priced right from the start, you work the price down and down and many times the property ends up selling for less than its value

4.  Especially in this market buyers are savvy, they have been watching and on the fence for quite a while, they know what is a good value and which homes are overpriced.  If you want to get shown and actually sell your home, price it right.

5.  The property can become "stigmatized" if it stays on the market too long; buyers and agents will wonder what's wrong with this property.  After many price reductions, and even though it is now priced right, its been out there so long that buyers and agents are suspicious.

When listing your NH property, be sure to use a strong local agent that knows the market, knows the neighborhoods and KNOWS the values. 

Call me today for information on pricing your Southern NH home to sell.

 

 

J Perrin Cornell
Coldwell Banker Cascade Real Estate - Wenatchee, WA
Broker, ABR, VAMRES

i pretty much agree except your comment about in this market buyers are savey...it isn't jut this market...that is a fact of life now. With internet and I-phone apps buyers in 30 minutes can know almost as much as we do about prices and properties... so ya gotta get it right the first time! Good post.

May 12, 2012 02:05 AM
Suzanne McLaughlin
Sabinske & Associates, Inc. (Albertville, St. Michael) - Saint Michael, MN
Sabinske & Associates, Realtor

Rene Brin knows the market in Amherst New Hampshire.  Buying property in Amherst New Hampshire, Rene is your best bet for a knowledgeable realtor.

May 12, 2012 02:45 AM