NE Houston Real Estate | Williams 4 Your Home

My Home is Not Selling - Pricing Misconceptions that Lead to Undesired Results

“My home is not selling, why?”  This is often the result of two things first being price and second that the current real estate agent is not sharing with you the appropriate market information to position in your pricing to achieve your goal of selling your home.  It is very important to price your property at competitive market value at the signing of the listing agreement.  Historically, your first offer is usually your best offer.

Here are some pricing misconceptions.

It is not what you paid!
It is not what you need!
It is not what you want!
It is not what your neighbor says!
It is not what another agent says!
It is not what it would cost to rebuild today!

Buyers and Sellers Determine Value - The value of your property is determined by what a BUYER is willing to pay and a SELLER is willing to accept in today’s market.  Buyers make thier pricing decision based on comparing your property to other property SOLD in your area.

Note: With the market in a slight decline pricing your home ahead of the decline will allow you to sell your home likely a higher price than anything else around you in a quicker amount of time.

Do you know how many properties did not sell in September 2008 in the northeast Houston area (Kingwood, Humble, Atascocita, Fall Creek, Summerwood, Lakeshore, Summer Lake Ranch, Eagle Springs) expired?  175  Don’t be the next statistic!

If you are looking for a realtor that will be upfront with you on your pricing and use a marketing plan that will sell your home, contact Jeremy Williams of Keller Williams Realty Northeast for a no obligation, consultation of your current situation.  Jeremy realizes that your goal is to sell your home, and he is prepared to take that very task.  For more information about the real estate services offered to home buyers and home sellers, visit www.williams4yourhome.com or read more at Jeremy’s blog NE Houston Real Estate | Williams4YourHome.

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This entry was posted on Wednesday, October 1st, 2008 at 10:20 am and is filed under Real Estate Services. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.