TIME IS MONEY IN REAL ESTATE
Is Price really the No. 1 incentive to get people to look at your listing?
Real Estate Brokers know and continue to show that when you price a home correctly right from the start will get more showings and a higher selling price than if you priced your home above current market value just to see what happens. A educated agent knows there are three very important things to do when listing a home and Price is one of them and can make a break your listing from the start.
The reality is: When a home is priced too high, you are eventually forced to lower the asking price. Price reductions sometimes weekly, are a common when a house is not priced correctly from the start.
Studies continue to show, once a property fails to sell at its debut price, the time it spends on the market just encourages buyers to be aggressive in negotiating and bring lower offers. TIME IS MONEY.
Price reductions continue to encourage this aggressive bargaining. Think about it what does a PRICE REDUCTION mean to you?
If you are serious about selling, NOW is the time to adjust the price to whatever it takes to get the property sold. PRICE ALONG WITH AN AGGRESSIVE MARKETING PLAN AND FULL TIME AGENT WHO IS DEDICATED and FULL SERVICE ARE THE THREE IMPORTANT STEPS.
No one knows where the market is going this UPCOMING YEAR as we had an amazing start of the year and now the market has slowed in the Chicago Suburbs with listings. Now is the time to price right and sell if you are ready to sell.
No one wants to make these hard decisions, so they do so with a long term plan involved. Just remember, if your waiting for the market to “turn around” it may be a long road if your a seller. If you are a buyer NOW is the time to enjoy the benefits of home ownership at the right price. Based on predictions from the financial world if your are going to be in your home for 7-10 years this is your time.