It pays to price your home right the first time
It pays to price your home right the first time in the Tri-County area.
Information from FMLS, for the period starting 2-1-2012 ending 1-31-2013 shows pricing your right the first time does pay. When the listing price of a home was priced right at the beginning of the listing period and Original Price Not Changed homes sold faster and for more money than those homes priced too high and made several price reductions in order to be sold.
Here’s the results by county*:
E Cobb 97 less days on the market and 22% more money
W Cobb 87 less days on the market and 24% more money
Douglas 113 less days on the market and 50% more money
Paulding 94 less days on the market and 107% more money
Because it pays to price your home right the first time!
*All information above retrieved from the FMLS, Jan 2013 Area List Price/Original List Price Change Summary (Residential-Detached)