House Hasn’t Sold Yet? Take Another Look at the Price

 

The residential housing market has been stable & hot in many parts of the country. Home sales have bounced back solidly and are now at their second highest pace since February 2007, nationwide. Demand remains strong going into the winter. Multiple offers are occurring regularly and listings are actually selling above listing price. What about your house?

If your house hasn’t sold, it is probably the price.

If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house.Proper-Pricing-KCM

 

Bottom Line

The housing market is strong and interest rates may be on the rise.

If you are not seeing results you want, revisit the pricing conversation.

About The Author

Jolie Powell

Jolie Powell has been a distinguised leader in the Real Estate industry since 1987. Prior to entering the world of Real Estate, she worked as a TV producer for the Advertising Agency, Dancer Fitzgerald Sample in NYC. Jolie's expertise in counseling buyers and sellers brings people together from Long Island, and indeed, Globally! Having lived abroad and traveled extensively, Jolie has an excellent understanding of many cultures. As a Cuban-born American, she is fluent in Spanish and communicates well with international clients relocating to the North Shore of Long Island. Jolie is proud of the high level of trust she and her clients have established and looks forward to continue building exceptional client/broker relationships.

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