Currently in the Schaumburg market with our elevated inventory you have to be ‘spot on’ with your homes price. Too high and no one will take your home seriously and it will be passed over. A fair price – what a seller is willing to accept and a buyer is willing to pay. That’s what we normally strive for.
For Schaumburg IL homes here are some enlightening statistics that I've found. Price your house right in the beginning and you'll make more money! It's true and here's what I've found from current sold sales.
Schaumburg homes that have sold and closed in 2011 sold at 95% of the asking price.
Where it becomes distressing is the 'old sales price to selling price'. That's another 6% off the original listing price. So homes that have sold in the Schaumburg IL area were 6% off their correct price and needed to be adjusted downward in order to sell.
Let's show you in dollars what that might mean:
|$200,000 would be $12,000 too high!|
|$250,000 would be $15,000 too high!|
|$300,000 would be $18,000 too high!|
Price your Schaumburg IL home as aggressively as you can and it will command a higher sales price than languishing on the market 'hoping' for that higher number.
Looking for an agent that's really a market expert? Let's get your Schaumburg IL home on the market and priced right to sell!