pricing: Finding the "Strike Point" in Pricing a Home.
- 06/22/12 04:10 AM
Just like fishing with the right lure, pricing your home for success is finding the right level so that the Buyers will STRIKE. Currently our multiple listing service tells us that the “STRIKE POINT” is 6% above where the home eventually sells. This does not mean your home will sell 6% below its list price. It indicates that the home will not attract a buyer until it is priced within 6% of where the market is saying the value. Houses react to the market as a commodity not as a product. Their value is more relatable to stocks and bond. If … (0 comments)
Just like fishing with the right lure, pricing your home for success is finding the right level so that the Buyers will STRIKE. Currently our multiple listing service tells us that the “STRIKE POINT” is 6% above where the home eventually sells. This does not mean your home will sell 6% below its list price. It indicates that the home will not attract a buyer until it is priced within 6% of where the market is saying the value. Houses react to the market as a commodity not as a product. Their value is more relatable to stocks and bond. If … (0 comments)
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