I have been saying for quite awhile now that price is the KEY to selling a property in this current down market we are having. An agent in my office just sold a $845,000 dollar home in 12 days...That's TWELVE....how did he do that you ask?? Well he had the property PRICED RIGHT FROM THE START....It was a desirable home in a desirable area with views but also in a price range that VERY FEW home in our area are selling in!
So what was the magic bullet that sells even $800k+ homes??? Any guesses? It starts with a P.......Yes PRICE! You are correct....
I just read an interesting article that talks about one couple that didn't really understand how the market TRULY was....They ended up taking MUCH less later...after reducing....reducing.....and reducing.....mmmm a familiar theme here folks....
There's two way to price a property...Price it like ERIC did about to sell and sell it....or chase the ball Down the Hill....and then take LESS later......What do you prefer??
Here is the link to that article if you want to check it out.
Regards
Rick Goates
www.inforedding.com