Don't you hate it when people cut in line? Not only is it very annoying, it makes you have to wait longer to take care of your business or to get to where you're going next. Hoboken homes for sale are in a competitive line, with the home offering the best value in its category selling first. A price to value position, so to speak.
In theory, a home further back in the line (third or fourth position) would eventually sell once the better-valued homes (first and second place) have sold. Unfortunately, this is not the case. New listings are continuously entering the market and cutting in line. This causes the inferiorly priced homes (third or fourth place) to stay behind in line, never actually selling --unless they improve their price to value position.
Therefore, in order to price a home so that it will sell, it's very important to consider your position relative to other homes on the market. I call it strategic pricing.
Want to know how to get out of line in a reasonable amount of time? Shoot me an email or just call.
Happy Selling :)
About Eddie: Eddie Perez is a resident of Hoboken and works as a New Jersey licensed Broker – REALTOR. His goal is to educate both buyers and sellers so that they can make the most of their bottom line while saving time and having fun during the process of buying or selling condominiums and brownstones in Hoboken and the surrounding metro communities including Jersey City and Weehawken, New Jersey. He has personally sold over 135 homes and is among the top-producing agents in Hudson County. You can email questions to eddie@InvestHoboken.com. To schedule an appointment to meet with Eddie, call him direct at 201-344-2886.
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