
"Those inflicted with the 'seller disease" always want to add a little extra mustard to their list price, just in case. It's a fine line because your chances of selling for top dollar are in the first two weeks, when urgency is the highest. Do you price it high and hope there might be a sucker out there? Or do you price your home attractively so it sells right away when urgency is the highest?"
"The Pricing Dilemma - The Choices Auction Style: Price the home 10% under value. Make sure your listing agent has conducted dozens of bidding wars, answers his phone, and enthusiastically responds to every single offer in writing. Attractively Priced: Price the home at or just under the comparable sales. Judge your chances of selling by what happens in the first four days. The perfect reaction is 1-3 offers from the most motivated buyers who were willing to overlook everything that is wrong."
Pricing strategy profoundly affects sale outcomes because buyer urgency peaks in the first two weeks. Three primary approaches exist: auction style (price about 10% under value to spark bidding wars), attractively priced (at or slightly under comparable sales to elicit multiple early offers), and typical pricing (5–10% over comps when sellers are not motivated). Homes that remain listed longer typically prompt buyer discounts, roughly 1% expected per week on market. Early offers commonly represent the best opportunities, so sellers should set a clear response strategy before listing.
Read at Boston Condos For Sale Ford Realty
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