Price It Right! Or, How to Avoid the Need for Reductions...

By
Real Estate Agent with WEICHERT, REALTORS® - Briotti Group CT RES.0785956
https://activerain.com/droplet/4tl

Price It Right! Or, How To Avoid The Need For Reductions.

 

When deciding to put your home on the market for sale, the one thing that can guarantee that your home is the one that gets sold is the price. It is also the one thing that most sellers fail to understand and, as a result, refuse to budge on when listing their home, especially in a buyer’s market.

 

Where you should price your home is solely determined by the market itself – the homes that are like yours that have been sold within a reasonable amount of time from the date that you wish to place your home on the market for sale. A fairly competent agent will use homes relatively just like yours in size, amenities and location (preferably within the neighborhood or in a comparable neighborhood) to provide you with an idea of where you should price your home when you are ready to list your home for sale.

 

You, as the seller, have control over almost every other aspect of the sale of your home by giving buyers a reason to look your home as the one that they will purchase (through curb appeal and staging), and a reason to make an offer (the price).

 

If the agent, or the agent’s broker, stipulates a price reduction in the listing agreement, then it isn’t priced to sell. Price it right, and there will be no need for reductions.

 

If you have provided buyers with an eye-appealing presentation, but are not getting the corresponding offers to match, then your price is wrong. Price it right, and there will be no need for reductions .

 

It really all boils down to whether you really want to sell your home . If you are serious about selling your home, then you will price it right the first time, thus avoiding the need for reductions!

 

 

Posted by

Greater Waterbury CT Real Estate FaceBook William James Walton, Sr. on LinkedIn William James Walton, Sr. on Twitter William  James Walton's videos on YouTube 

 

 

 

Courtesy of William James Walton, Sr. , Realtor, WEICHERT, REALTORS® - Briotti Group

Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown, Thomaston and Plymouth)

 

Call William James Walton, Sr. Real Estate Agent with WEICHERT, REALTORS® - Briotti Group (203) 558-7463 for help with your real estate needs -buying or selling -  in Waterbury, Watertown, Wolcott, Middlebury, Southbury, Prospect, Naugatuck, Plymouth and Thomaston

Buyers - Search for Greater Waterbury, CT Area Homes For Sale

Sellers - Request a Free Home Evaluation, Look at Recent Home Sales

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
Connecticut
Groups:
Realtors®
Real Estate Rookie
Rookies Turning Pro
Greater Waterbury Realtors
Tags:
selling
homes for sale
pricing
selling your home
advice for sellers
sellers

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
994,049
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I agree.  Pricing it right is the only marketing you need.

Aug 09, 2009 08:04 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
678,364

William James Walton Sr.

Greater Waterbury Real Estate
Have a real estate question? I can help. Call me!
*
*
*
*
Spam prevention

Additional Information