Why Some Properties aren't selling in Lancaster Co. , PA

Reblogger Don Hess
Real Estate Agent with KW Elite Keller Williams 1280 Plaza Blvd. Lancaster, PA 17601 AB067316
https://activerain.com/droplet/4YHd

 

 

Sellers need to read this article. More often than not this is

the reason a home stays on the market!

I can do a market analysis for you to determine the correct price.

Don Hess

KW Elite
Keller Williams Realty
1280 Plaza Blvd.
Lancaster, PA 17601
717-553-2500 Office
717-715-6288 Mobile
717-786-7967 Direct
donhess39@gmail.com 

 

Original content by Michael J. Perry

If Your Home Hasn’t Sold Yet… Check the Price!

The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the winter as many real estate professionals are reporting bidding wars with many homes selling above listing price. What about your house?

If your house hasn’t sold, it is probably because of the price.

If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. See chart below.

If Your Home Hasn’t Sold Yet… Check the Price! | MyKCM

Bottom Line

The housing market is hot. If you are not seeing the results you want, sit down with your agent and revisit the pricing conversation.

Sellers , update your Current Market Value by receiving a 25+ page National RPR Report  . Email mikeperrykw@gmail.com
 
 

 

Michael J. Perry

KELLER WILLIAMS Elite  

 

1280 Plaza Blvd. , Lancaster, PA 17601

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Longtime West Lampeter resident and Lancaster County Realtor!

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Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
Pennsylvania Lancaster County Quarryville
Groups:
Chester County, PA
Southern York County
Berks County PA Homes for sale and info
South Central Pennsylvania Realtors
Lancaster PA Real Estate
Tags:
properties
property
selling homes
pricing
price
real estate sales
sold
low
why
lancaster city
lancaster county pa
quarryville pa
high priced
quarryville real estate
not sold

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Rainer
233,516
IRMA Beltran
Century 21 M & M and Associates-Turlock homes Real Estate - Turlock, CA
Your Real Estate Agent 4 Life Always there 4 You!

Over pricing a home is a key factor to the number of days in the market.  

Have a Wonderful Blessed Day!!!

Jan 10, 2017 11:51 AM #1
Ambassador
805,338
John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Walnut Creek, CA
#MortgageMadeEasy Walnut Creek, CA 484-680-4852

Nice graphic to illustrate exactly how to get the most exposure.  Listing price is a starting point, but the market will always determine what a place sells for.  Listing too high is a mistake every time.

Jan 10, 2017 12:27 PM #2
Rainmaker
242,241
Don Hess
KW Elite Keller Williams 1280 Plaza Blvd. Lancaster, PA 17601 - Quarryville, PA

Yes John, when asked "what is my property worth?" i answer that it's worth what someone is prepared to write a check for and what someone else is willing to finance. 

Jan 11, 2017 12:02 PM #3
Rainmaker
242,241
Don Hess
KW Elite Keller Williams 1280 Plaza Blvd. Lancaster, PA 17601 - Quarryville, PA

You are absolutely right Irma, 

Jan 11, 2017 12:03 PM #4
Rainmaker
1,715,058
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Houses should not be accumulating DOM in this market !!!!!!!!!!!!!

Jan 14, 2017 05:15 PM #5
Rainmaker
242,241
Don Hess
KW Elite Keller Williams 1280 Plaza Blvd. Lancaster, PA 17601 - Quarryville, PA

You're right Mike. Chances are if a home has excessive DOM it's probably priced wrong. 

Jan 16, 2017 12:57 PM #6
Rainmaker
1,715,058
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Looking back , it's still a matter of correctly pricing the property !

Sep 04, 2017 06:30 AM #7
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Rainmaker
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Don Hess

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