TELES Properties
Today’s real estate market is perilous and unforgiving. I know I will sound like I am using scare tactics, but someone needs to tell y’all the truth.
Did you know that only 3.5 homes out every ten on the MLS will actually sell? And, of those that do enter into escrow, nearly one quarter will fall out instead of close. Furthermore, homes that reduce their price during the marketing period will sell for less than homes that get the price right in the beginning and take far longer to sell.
Selling a home today takes knowledge, experience and a strategy.
Today we will talk about pricing strategy and how it affects the home owner. We will cover conventional pricing, fair market pricing and event price strategies. Each has its tactical uses and will give a homeowner different experiences.
Related Posts:
Price Low and Sell HIGH- One Homeowner’s Experience I have a story to tell about a homeowner that had a special home to sell. It was more ...
Price vs. Pricing Strategy
Price vs. Pricing Strategy
Many sellers when interviewing a real estate agent for the job of getting their home sold ...
La Crescenta Homes Sales Report March 2011 It is time for our lovely market report of La Crescenta homes sales for March, 2011.
The news out on the ...
One Response to “3 Pricing Strategies to Sell Your Home”
Read below or add a comment...
Trackbacks
[...] Before settling on your asking price make sure you leave yourself enough room in which to bargain. For example, set your lowest and highest selling price. Then check your priorities to know if you’ll price high to maximize your profit or price closer to market value if you want sell quickly. **Side note** Market conditions have changed considerably from when I originally wrote this post. Please consider my newer post “3 Pricing Strategies to Get Your Homes Sold“ [...]