Friday, February 25, 2005

Death of a House Sale...

The biggest pitfall there is.
If yu want your home to sell fast and for the most money, there is just ONE BIG THING. That's it. That one big thing is PRICE. Price it too high and no one will make an offer. Price it too low and you'll get lots of offers. Which situation would you rather be in?
Most seller find it hard to be the lowest priced home in their neighborhood. However, in every instance when a seller has agreed with me to price the home just below the market value, we have always realized a higher than list price sales price. Why?
Simple. The lower price increases the demand and the activity on the home and you have more than one buyer wanting the house. With multiple offers, the seller has more negotiating power and can deal with just the buyer that wants to pay more than any one else. Result? House sells quicker and for higher price.

4 comments:

Anonymous said...

MikeC, I found your post this post while I was looking for more information on find realtors under the keyword find realtors. Looks like your post is getting noticed by the search engines! Not quite what I was looking for but thanks anyway. Good Luck!

Anonymous said...

Great Post MikeC! I was searching under the term sell your house quick and found your this post post as I was looking for more data on sell your house quick. Your must be ranking well in the engines. Best of luck MikeC!

Anonymous said...

Hi MikeC, coming across this post on this post, I thought maybe someone down here might have some good advice on how to sell your own house without a real estate agent. I’ve heard that according to a number of different sources, between 80% and 90% of owners who attempt to sell their homes on their own eventually enlist the aid of a realtor. Would anyone reccomend to deal with these guys property bought for cash ? I’m afraid I might be in for a loss or getting much less then the market value. Thanks for your insight.

Anonymous said...

Hi MikeC, coming across this post on this post, I thought maybe someone down here might have some good advice on how to sell your own house without a real estate agent. I’ve heard that according to a number of different sources, between 80% and 90% of owners who attempt to sell their homes on their own eventually enlist the aid of a realtor. Would anyone reccomend to deal with these guys property buyers ? I’m afraid I might be in for a loss or getting much less then the market value. Thanks for your insight.