Real Estate Blog - Who said it's a slow market? (Under Contract)

Home : Blogs : Charlottesville Real Estate - Your Trusted Broker Charles McDonald : Charlottesville Real Estate Blog - Charles McDonald

Who said it's a slow market? (Under Contract)

Under contract in 7 days!

I read and hear about how the real estate market is slow. Well I can tell you that if you are selling a home and it is good shape and priced right it will sell.

Last week I brought this nice home on the market in Charlottesville, we had 14 showing and 2 offers in a week.

(you may have seen the Virtual Tour on my blog)

Why did this happen? The home is in good shape and we priced it to sell. To many people still have their homes over priced in this market. If you are not getting an offer, the market is telling you that you are over priced.

If you are trying to sell a home right now, get your agent to run you an updated set of comps. Look at them like you are a buyer and see if you can tell why your home is still on the market.

You have to take the emotion out of the equation.

Best of luck in selling your home and if you need any advice just let me know.

regards from Charlottesville!

Charles McDonald

Associate BROKER at RE/MAX Assured Properties, Licensed to sell Real Estate in Virginia

(main) 434-515-1585 (cell) 434-981-1585 (fax) 866-527-9526

Brought to you by that guy who sells Charlottesville VA Real Estate

Search for Charlottesville Real Estate 22901 or Search for Crozet Real Estate 22932 in one great place!

Posted by Charlottesville Real Estate - Your Trusted Broker Charles McDonald on 02/13/2008 06:52 PM

Comments (36)

under contract, seller, buyer, charlottesville, cville

Originally posted at: Charlottesville Real Estate: Who said it's a slow market? (Under Contract)

This post has been included in Virginia Information Albemarle County, VA Information Charlottesville, VA Information
Post is included in group: Realtors®
Post is included in group: RE/MAX Active Rain Bloggers
Post is included in group: Posts to Localism
Post is included in group: CHARLOTTESVILLE REAL ESTATE
Post is included in group: Just Sold! and Success Stories

36 Comments on Who said it's a slow market? (Under Contract)

FEB

2008

Charles: It seems like the good stuff is still selling....at the right price. We sold a rental property of ours in 4 days. It was in good shape, in a decent neighborhood and it was priced competitively. Four months ago that same property would have taken over a month to sell. It seems like things have picked up nationwide?

Charles, Congratulations to you and your clients! Proper pricing is critical is this market.

Charles, Congratulations! Like we all should know. At the right price anything will sell.

Good for you ....you have priced the house to sell and it will.

Patricia Aulson Hampton NH Real Estate

Charles,

That's the well-known secret, price it right and it'll sell. Here in Las Vegas sellers are slowly coming to grips with the reality of the marketplace and are lowering their prices to attract buyers.

Great Job! I listed one two weeks ago and it's scheduled to close March 3. Business is NOT slow! Way to go!

You are right..homes are selling..the ones that are priced right and in good shape

Smart sellers to listen to your pricing advice! Good job, Charles.

Love your new picture ;)

Its all about price!!! A good price and good condition = SOLD! Congrats

Advice to sellers: Listen to Charles and price it right from the start! Great job!

Charles - How right you are my friend.. price it right and it will sell.

Charles: There you have it! It's no longer 'location, location, location'! It's now, 'price, price, price'! CONGRATULATIONS!!

Charles, That is great! Sellers need to understand that the buyers dictate the prices in this market!

Charles...The right pricing, the right property, and the right agent (of course) made for a quick contract.

Congratulations!

Kathleen

Charles, Great job! Price is THE strategy these days! All my best...

FEB

2008

Charles- Price it low, watch it go. Great job and a great service the the sellers you represent, Happy Valentines Day!

Hi, Charles - Our market is still under performing as compared to last year but lately we've been very busy. If this pace continues we'll see a major upswing in market activity in February. As you mentioned, pricing is key to keeping the market moving.

Congrats! Price, and great appearance = value in the buyers eyes! Your sellers were blessed to have an experienced agent like yourself to assist them!

Charles It may not be a "fast" market yet, but it is certainly picking up speed and a well priced, attractive home will get the checkered flag - no, I'm not a NASCAR Mom!!! Karen

Charles,

Congratulations!

Charles,

It is that simple, isn't it!!! Thanks, Fran

Charles - As you know, two things sell a home: correct pricing and good marketing! Obviously, you have done your homework!!!! Bravo!

With the right price and the Right Realtor, it will sell. Great job, Charles

Ain't that emotion factor the truth. Gotta get rid of it when pricing.

FEB

2008

Congratulations. Hope this will generate more listings.

FEB

2008

Congratulations. I don't think the market is that slow, but 7 days is fantastic, which of course is telling of condition as well as pricing and market value.

FEB

2008

Price and condition are it! I had one in January go in 2 days with a full price offer in a neighborhood that had homes sitting on the market for an average of 120 days! Why, mainly condition, but some had price issues also. My client cleaned her property up and it was gone!

MAR

2008

It is true that homes in really nice condition that are priced at fair market value are getting lots of showings and will generate offers in a shorter time frame than most people think. Keep up the good work!

Charles, you're absolutely right. Here in Charlotte, depending on location and condition, homes are selling - and we can't seem to keep enough of them on the market! I listed a home this past weekend that I'm quite excited about. Alrealdy getting calls, etc on it. But the sellers, past clients a couple times now, did all the right things before putting it on the market. Plus they priced it right. When I asked him what he thought we should list it for, it was quite a bit higher than what's been going on. I showed him the numbers, and he did price it competitively. I just think you have to show them that they can't be chasing the market and it'll turn out. Congratulations to you!

MAR

2008

You are obviously a great agent! That's great your seller LISTENED to you and your experience and got the job done for them!

APR

2008

Way to go and congrats on the featured star also!!

I say the market is always good for someone!!

have a great weekend!

APR

2008

Well priced home in GREAT condition in DESIRABLE location!!! Kudos

APR

2008

Charles, I showed this property last fall - I guess re-listing it in the spring market helped too :) Congrats!

MAY

2008

Congrats to you! That is awesome and if the entire house looks like those two photos, not surprised it sold so quickly!

MAY

2008

It's all about the pricing...keep up the good work!

SEP

2008

Great Job!

This blog does not allow anonymous comments