Monday, April 23, 2012

Keys for Buying and Selling when the market is slow.

 

It's a whole new world for home sellers. So, how do we make your house stand out so it will sell when sales are slow?

Price your home correctly. When mortgage rates are low and buyers are chasing too few houses for sale, sellers can ask high prices and get them. Even when houses are overpriced for the market, sellers are likely to receive some offers as buyers are often desperate to find a home that meets their needs.


But when things are slow, pricing is absolutely critical. Instead of pricing your home aggressively you should price your home no higher than the middle of the range for homes comparable to yours. If you need to sell your home quickly consider pricing your home in the bottom 25 percent of comparable homes. With few buyers chasing many homes, you need to quickly get the attention of those who are serious about buying. If your home is priced too high, you many never get buyers to even consider looking at your home.

If you are considering either buying a home or selling a homes please contact us or visit our site at www.DistinctiveHomes-NE.com for alll of your Real Estate needs.
 

Noemi Cardoso
RE/MAX Welcome Home
Serving Westport, Dartmouth,
Little Compton, Tiverton and surrounding towns.
 

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