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Many sellers are frustrated these days because the houses aren’t moving as fast. We hear some home sellers talking about not getting as many offers as they did three years ago or that they haven’t gotten the number of offers that they were expecting after a certain number of days.
When we ask sellers what they think is the reason why their house hasn’t moved, the first thing that comes to mind is the lack of marketing or some issues with their agent. The truth is, most of the time, the reason why a house hasn’t moved has to do with pricing. An accurately priced house can sell in a very short period of time for the most amount of money possible.
Revisit your pricing and check whether it’s priced competitively in the current market. Check the recent sales of similar properties in your area, but don’t get discouraged if you see that the value of your house is a little bit lower than what you expected. You can look at it as an opportunity for better negotiation on your next purchase.
We’ve had meetings with people who are buying new construction, saying that home sellers won’t negotiate. The key is to get proper representation. Know that negotiations are always possible with effective communication.
We encourage you, if your house is listed or has been listed with somebody else and is now expired, to consider a consultation with us. Our marketing is superior to most of our competitors, which is an advantage, but still, look at the pricing. Interest rates and our economy have affected people nationwide, but we strive to stay ahead of market trends, positioning our clients in the best possible way rather than being reactive.
If you want an in-depth conversation about your personal real estate situation, call us or send us an email; we’d love to talk to you.
