How to tell if Your Home is “In the Market”

By Dale Ross of the Dale Ross Realty Group

Did you know that your Katy, TX home can be on the market but not “in the market”? So how do you know if your home is “in the market” or not? It is really as simple as showings and offers.  If you think you’ve priced your home right and you have not had any showings, the market is telling you that you are out of the market.  But what if you’ve priced it so that you are getting showings but no offers?  Statistics show that if your home has been listed for two weeks with showings but no offers, then your home is in a futile position, or “out of the market”.  It is in this area that you are attracting the attention of buyers, but you are only helping to sell the home down the street which is priced “in the market”.

What’s more, research shows buyer interest in properties generally declines sharply after the first several weeks because buyers like to see the newly listed homes in Katy, TX instead of homes other buyers have declined.  That means that showings without offers in the first two weeks are not only helping to sell your competition, but it also means you are missing out on buyers attention in the very time when you want it most.  Your goal is to get an acceptable offer early.

So if you have no showings and no offers in two weeks, you are probably 4-6% out of the market.  If you have showings but no offers, then you are closer “to the market” but not close enough to be “in the market”.

Once you have your home in the market, then my advanced marketing system AND my price support system will get you the most amount of money in the least amount of time. If more money with less hassle is what you want, then call The Dale Ross Realty Group. We will show you our marketing plan, which has placed us in the ranks of the Top 20 Real Estate Teams in the Houston area. 281-599-6575.