Does Price Matter To Get Your Home Sold???Recap of our Blogs Posts:A majority of the country's Real Estate Markets are experiencing a Seller's Market. The Market is measured by Supply
Does Price Matter To Get Your Home Sold
Does Price Matter To Get Your Home Sold???
Recap of our Blogs Posts:
A majority of the country's Real Estate Markets are experiencing a Seller's Market. The
Market is measured by Supply vs. Demand. Around the country, many cities lack
housing inventory. Homebuyers are battling a housing shortage as newly listed homes
are going under contract within days. Many homebuyers are experiencing bidding wars
(or several) when making offers on properties.
What does this mean for Homeowners?
Does that mean homeowners should inflate the price of their home, to capitalize on
the market conditions?
In a Nutshell: NO!
When it comes to pricing your home, setting it at or slightly below market value will increase the visibility of your listing and drive more buyers your way! This
strategy actually increases the number of buyers who will see your home in their search process. When potential buyers look at your listing and see a great price
for a fantastic home, they’re probably going to want to take a closer look. This means more buyers are going to be excited about your house and more apt to make an
offer. When this happens, you’re more likely to set up a scenario with multiple offers, potential bidding wars, and the ability to drive a higher final sale price. At
Being the CEO and Team Leader of Team Caropreso, Vince specializes in Listings, Marketing, REO/Foreclosures,Short Sales and working with Investors. With 19 years of experience and selling over 700 hom....
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