When it comes time to lower a price on a listed home, At what percentage should you reduce the price. This morning at 8am the phone rings, it is a home seller who asks this very question who read my blog yesterday How do you know when it is time to lower the price of a home For sale?. It shows the power of ACTIVE RAIN where a 1 day old blog inspires a phone call from a Manchester NH area Home Seller.
This Seller had their home listed with another agent for over 5 months. She has a feeling it is over priced because it has not sold. She said she is not even getting any showings, She knows something is wrong, but was not sure what. The hard truth is being over priced is her first issue and an equal and troubling problem is the lack of marketing to her listing.
When it comes to a price reduction, there is no magic or specific percentage you should lower your price. Some homes are more over priced than others, Your should start by getting a new market analysis or broker price opinion to obtain what your homes value is in today's market, THEN reduce it to that or just below that value.
When it comes to marketing your home, that may require you hiring an agent who is willing and able to both market and advertise your home to attract the most potential buyers. In most cases if your home has not sold in 3 months it will not sell without a change.
YOU deserve the BEST service when buying a home. Real Estate is not time for trial and error or short cuts. Some times the hard truth it what it takes to sell a home. LEARN THIS ONE FACT: One should know that All Agents are not created equal and every buyer or seller should take the time to hire the BEST not just the biggest Agent or Company. It is important to Hire the BEST Agent. In NH that could be me.
All Agents are not created equal and every buyer or seller should take the time to hire the BEST, not just the biggest Real Estate Agent or Broker. How well your purchase or sale goes will depend on it.
By using a philosophy, which is simple, to provide more personal and professional service to guide my clients through each step of the buying or selling process, I can help you find your dream home .
THE TOP TIPS TO FIND A "GREAT" REAL ESTATE AGENT
1. LEARN THIS ONE FACT: One should know that All Agents are not created equal and every buyer or seller should take the time to hire the BEST not just the biggest Agent or Company. It is important to Hire the BEST Agent. In NH that could be me.
2. CHOOSE THE RIGHT AGENT: As a Buyer OR Seller in this market you need every advantage you can to get your home sold. It starts with choosing the right agent. a. Ask for a Full time agent whose sole job is to sell homes. b. Ask for a Full service agent who will guide you through each step of the selling process. Discount brokers often equal discount services. c. Ask for a Local agent who knows your neighborhood and is readily available when you need them is a must. Out of town agents can leave you high and dry in your time of need. d. Ask for a well experienced Listing Agent can give you the advantages you need when selling your home. Not all agents are created equal. Choose only the best.
3. HOME BUYERS SHOULD START BY: Getting a FREE PRE-QUALIFICATION with a local and trusted lender. They will look at your credit and financial picture and let you know what type of mortgage you may qualify for and what your interest rate and monthly payment may be.
4. HOME SELLERS SHOULD START BY: Getting a FREE MARKET ANALYSIS. Learn what your property is worth in today's market along with how ling it may take to sell. If you are ready to sell now, learn what you should ask for it. How much offers may come in at and what the approximate selling price should be. NH Home owners should contact me now.
IN SUMMARY the key to having a successful purchase or sale can increase simply choosing a better agent. The secret is that All Agents are not created equal and every buyer or seller should take the time to hire the BEST not just the biggest. I leave you with now infamous philosophy, which is simple, to provide more personal and professional service to guide my clients through each step of the buying or selling process.
WE STRIVE TO PROVIDE THE BEST POSSIBLE SERVICE THROUGH OUT EACH STEP OF THE LISTING AND SELLING PROCESS!!!
If you are thinking of buying a Home please contact us. We offer you assistance to get a free pre-qualification for a mortgage,along with some of the BEST CUSTOMER SERVICE through each step of the Buying Process.
It does not take magic to turn your "For Sale" sign into a "Sold" sign. it takes a full time Local Agent who specializes in Listing homes like yours.
Please call for a FREE MARKET ANALYSIS to know what the value of your home is.
Search the NH Multiple Listing service by clicking here
We are local agents with experience who GET RESULTS!!!
We stand by you through every step in selling your home..
About the Author: Scott Godzyk is the Owner/Broker of the Godzyk Real Estate Services in Manchester NH. With 30 years of experience, Scott is a leading Agent for Listing and Selling Homes in this area.
To CONTACT Scott Godzyk please call 603.661.2121 or EMAIL: Sctprop@aol.com . We are Full Time Agents ready to serve all of your Real Estate needs through each step of the Buying process.
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