pricing strategy: From Greed to Need ~ How Much Market Time Can You Honestly Afford?
- 05/25/16 11:45 PM
If your home has been languishing on the market for a while it's time to revise your pricing strategy. Some owners have all the time in the World however that's not always good for your bank account. The adage that time is money has never been more applicable than to real estate. Oh, how I wish its liquid state was more easily attained. Whether you view your home as an asset or liability there is a right time to consider lowering your price? It occurred the moment you listed your property for sale. Granted you may have the luxury of time for … (9 comments)
pricing strategy: Price It Right, Get More Money, Sell It Faster - The Proof is in the ......(SEE BELOW)
- 05/13/11 08:28 AM
This data is representative of a portion of some statistics being compiled for a Seller. It could be for homes in nearly any price range. Here the range is $1M to $2M single family homes. The important feature that needs to be examined are the last three columns. Also, this is just a segment of the total activity which occurred in this price range. I would expect that the effect is similar no matter the location or the price point with only slightly varying results. It could be argued that property becomes stigmatized simply by their days on market. If they're not sold soon … (6 comments)
If your home has been languishing on the market for a while it's time to revise your pricing strategy. Some owners have all the time in the World however that's not always good for your bank account.
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