Thursday, August 20, 2009

In this market, pricing has become such a hard target. Every day we here about sales not being appraised due to comparable properties being distressed or just no traditional sales to use.

Sellers, please be aware of these issues and how to get a sale closed without issue. Many contributing factors go into pricing, but it drives the whole transaction. More showings, better offers because your market time is weeks instead of months, no appraisal issues, maybe even competing offers because we have attracted so many buyers to a property because it was priced right!

Buyers also need to realize that not every house can be stolen for 10% less than asking price. Again if it is priced right to begin with, you better be willing to go close to asking if the house is worth it, because we are now seeing more than one offer quickly! Now that said, if the house needs work or is just overpriced, then either justify it with comps, or move to another property, there sure are enought o choose from!

Thanks for checking us out and have a fantastic day!

Shawn

Thursday, August 20, 2009 7:42:39 AM (Central Daylight Time, UTC-05:00)  #    Comments [0]
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