Todays Golden Nugget, Overpriced in Pensacola, why your home isn't selling

The main reason that homes remain unsold: they are overpriced.

 For many sellers, this lesson is only learned after it’s too late, resulting in frustration and finger pointing.  Let's try to put the record straight.  Many markets experienced extremely high levels of activity over the last few years.  Inventories adjust as the number of eager and willing buyers drops off.  Simply put, buyers are becoming choosier.

Sellers must look around them and take note of homes currently for sale, homes that have recently sold, and homes that have languished or expired.  In other words, look at those prices and learn from the experiences of those who have gone before you.

A primary rule of Real Estate 101 is that a home's value is determined by the buyer, not the seller.  That means today's buyer, not yesterday's and not tomorrow's.

Buyers are in fact plentiful, but they're just as tuned in to the media's scare tactics as sellers are.  If you want to sell your home to "today's" buyer, consult with a professional and price your home competitively against your rivals.

 

~Captain Wayne Rowlett~

 BACK TO BASICS! origional post

Out with the Old, In with the New Contest

http://homebuying.about.com/od/sellingahouse/a/overprice.htm more about home pricing

 

For infomation on Rowlett Real Estate School and our classes in Panama City, Fort Walton, Pensacola and Destin, visit our website at www.rowlettrealestateschool.com .  Or give Captain Wayne a call at 850-547-1333

Rowlett Real Estate School is a full service Florida Real Estate School offering classroom training in Panama Ctiy Beach Florida and Destin Florida, Fort Walton Beach and Pensacola.  We offer a full line up of courses
online and in classroom for all your Sales Associate and Broker real estate license requirements.