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Have your seller's finanlly realized that they can not price their home for more than its worth? Or are they still in la la land, over pricing and expecting you to sell it??

By
Real Estate Agent with Re/Max South County

Pricing Your Home

Your realtor will be the best source for determining the price your home should be listed for.  We have access to the Multiple Listing Service database and will be able to provide you with a Comparative Market Analysis of what the home should sell for, based upon sales of comparable properties in the neighborhood in which your home is located. Remember also, that a Realtor's knowledge of whether it is a buyer's market or a seller's market will have an impact on what your home should be listed for. While we want to get you as much as possible for your home, realistically, it is going to sell for what a buyer thinks it is worth, and that value will be determined by what other homes have sold for in the area, in the current market. If you are unrealistically high in your asking price, your home will not sell, and in fact may become "stale" on the market. Most of the sales activity generally occurs within the first month of a home going on the market, so you want your home listed at a realistic price, so that offers come in right away.

Why do seller's think there home is worth so much more?  are they reading the paper, listening to the news?  Getting out of bed in the morning.......????

I find this happening sooo much, "well I need to get $$$$ for my house!"  - sorry if it is not worth that, can you tell me why someone would want to pay more than its worth?  Please cplain Lucy.............. 

There are certain things that must be done, before pricing a home properly, like fixing damages......

Call me if you would like more information on my "Selling this home as is" - It is quite a feat!

401-286-2571

 

Posted by
Sandy Bliven, your 24/7 e-PRO Concierge!
Named #1 Realtor in State RI for Coldwell Banker 2011 & Recipient of"The Circle of Excellence Award" - 3rd Top Producer in South County and e-PRO Certified Concierge.
I am available to my clients 7 days a week. My services do not end after the closing.
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA
Sandy, very good advice for anyone wishing to place their home on the market.
Apr 30, 2008 12:21 AM
Ernie Steele
Lebanon, PA
Good post...Working with a client right now that I listed a year ago, expired, went the FSBO route for awhile...Unfortunately, no longer worth what it was in the boom market and adjusting downward 15% and listing again.
Apr 30, 2008 12:22 AM