The New Rules of Real Estate

It used to take an average of 9 months to sell a home! Now, if it hasn’t sold in the first week, there is a reason.

That reason is usually price. While everyone is trying to get top dollar for their home, overpricing your home, even in a sellers market is not the way to go. If a house is perfectly priced then it should bring in serious buyers and multiple offers since inventory is still historically low.

Another technique used in selling today is to slightly under price the property to cause a buying frenzy. Even though this may sound exciting to a seller, it is actually quite frustrating for all parties involved leaving sellers overwhelmed, buyers angry, and realtors pulling their hair out!

If you would like more information on the true value of your home, give me a call today.

Jenny From The Beach