pricing a home: Urgent Tip For Home Sellers - Don't Make This Pricing Mistake
- 08/27/20 06:40 AM
Most real estate agents will tell you that a critical step in selling your home is the correct selection of your initial asking price. It determines who will see your home online and more importantly, it also determines who will NOT see your home. While I have discussed home pricing in numerous articles, today I will specifically address a pricing technique that I refer to as pricing on the nines. It is also referred to as "charm pricing" and it involves using pricing that ends in a "9" or "99." Some real estate agents do this without understanding its impact on the buyer pool … (50 comments)
pricing a home: Home Sellers: Your Price Must Pass Muster ... Twice!
- 09/16/14 08:32 PM
There is still an imbalance in the supply and demand for homes in Tallahassee, and that means that home sellers are facing some stiff competition for the too-few number of buyers in the market. Sure, the imbalance is far better than what we saw in 2012, but it exists nevertheless. Unless you are selling an investment grade property, there is a great likelihood that you will be looking for a buyer who does not plan on paying cash for your home. Instead, they will be financing the home, and that brings in a whole new set of "eyeballs" into the deal. … (10 comments)
pricing a home: Why You Should Price Your House From The Buyers' Perspective
- 02/06/13 07:12 PM
If you have had your home on the market for a while and have been told to "lower it," do you even know how to accurately price your house so that it sells? Do you just lop off 5 to 10 percent, or is there a more "scientific" way to determine a home's value that will attract the kind of buyer frenzy that is required to sell a home today? Well, the answer to this one is rather simple. Use Liquidity To Price Your House When I refer to using real estate liquidity to price your home, I am referring to … (2 comments)
pricing a home: If I’ve heard it once, I have heard it a thousand times from home sellers …
- 07/22/11 12:39 AM
If I’ve heard it once, I have heard it a thousand times from home sellers … “Why can’t we just start at this (higher price) and reduce it later if we’re not getting any offers?” After all, if somebody is not in a hurry to sell a home, what can it hurt to try to get a higher price than current market conditions indicate for a home’s value? I have been advising home seller’s in this depreciating real estate market to either wait 5 to 10 years to sell, or sell as fast as possible to get the highest price for … (10 comments)
pricing a home: How To Price A Home To Sell
- 02/09/10 11:37 PM
Winter will be departing soon and the seasonal changes that are approaching always stimulate the Tallahassee housing market. If you need to sell your home, you have a great chance now, so don’t blow it! For you to realize success in selling a home, you have to be knowledgeable on how to determine the home value range. This is so critical that I suspect that is the top reason that most people fail to sell a home in Tallahassee (and most other markets as well). So how hard is it to sell a home right now? The current one-year trend of … (8 comments)
pricing a home: Do Not Underestimate The Importance Of Correctly Pricing Your Home
- 11/09/08 01:25 AM
Anybody who has ever found themselves trying to sell a home invariably struggles with the question “What price should I set on my home?” While normally this is an important decision for a homeowner to make, today it is one of the most critical decisions that must be made in order to sell a home. The Tallahassee real estate market appears to be similar to most real estate markets around the country. There is a gross excess of inventory of homes and buyer activity continues to drop. This means that the effective home inventories are rising (months of supply of homes). … (0 comments)
Most real estate agents will tell you that a critical step in selling your home is the correct selection of your initial asking price. It determines who will see your home online and more importantly, it also determines who will NOT see your home.
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