Make Sure the Price is Right When Selling in Leisure World
If you’ve ever watched “The Price is Right,” you know that the only way to win is to be the one to correctly guess the price of the item you want without going over! That means your guess must be just slightly under the retail price.
In today’s shifting real estate market, where home values are projected to appreciate at lower rates, homeowners will not be able to price their homes as aggressively as they were able to just last year.
They will have to employ the same strategy: be the closest without going over!
Pricing your home at or slightly below market value actually increases the number of buyers who will see your home in their search!
Over the last six months, the months’ supply of inventory available has taken longer to sell. This means that the demand for homes to buy is weaker throughout the country!
Homeowners in Leisure World who make the mistake of overpricing their homes will eventually have to drop the price. This leaves buyers wondering if the price drop was caused by something wrong with the homes when in reality nothing was wrong, the price was just too high!
If you are thinking about listing your home for sale in Leisure World of Maryland, let’s get together to properly price your home from the start!
Call Barbara Michaluk, Realtor and Authorized Leisure World Specialist to schedule a meeting to talk about how she can help you sell your Leisure World home. Phone 240-506-2434
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