Slower Sales with Overpriced Homes

By
Real Estate Sales Representative with DIR-USA.com

We Buy Houses Fast - Loudoun County VA: The best way to slow down the sale of your house is to ask a bit too much for it. Overpricing is not a small problem where buyers are concerned, but can be easily fixed. A decade ago you could place almost any price on your house and sell it in a few months. Now, if your house is not priced competitively, you may see it sit on the market for years, literally.

Slower Sales with Overpriced HomesBuyers are looking for a bargain. Money is tight everywhere and not many people are spending their money. Those that are buying want to do as well as they can to get as much as possible for their money. So if your house is priced at just below market value price, you might be able to sell it.

Doing a comparison of those homes around you that have sold over the last few months will give you a good idea of what buyers are willing to spend for a house similar to yours. Remember that it doesn’t matter what you believe your house is worth or what it just cost you to put on that new premium quality roof. What matters the most is the buyer believing that he or she is getting the most for the money.

You are in fierce competition with other home sellers in the neighborhood. You may also be competing with the foreclosures and short sales in the area. Foreclosures are usually not in as great shape cosmetically and maintenance wise, but many buyers don’t mind putting in a little elbow grease if they will get a better deal.

One thing you’ll want to accentuate is that your house needs nothing more done to it. It is a turnkey home and they can move in and enjoy it from the first day. No cleaning, no repairing holes in the walls, or pulling up the torn or stained carpet before moving the furniture in may appeal to some buyers.

If you don’t want to bring your house up to standard by repairing and replacing before you sell, consider selling to an investor with the house as it stands. They buy houses for cash and don’t require you to do any repairs or maintenance before they take possession of the house. This is a good option for you if you want to simply move your personal things out and go down the road with your equity in hand and the mortgage paid off.

SLower Sales with Overpriced HomesWe’re a group of Professional Home Buyers who buy and sell houses in any condition or price range all over Northern Virginia and are actively seeking to buy houses today in all Northern Virginia areas. We are a multi-service company who has the ability to BUY, REPAIR, MARKET, and SELL HOMES.

Buy Houses in the following Counties in Virginia – Fairfax County | Loudon County | Hampton Roads | Prince William

 

 

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