Real Estate Pro Articles

If You Price Your Home Within It's Economic Price Range, You Sell Faster

[Valid RSS feed]  Category Rss Feed -
By : Lisa Udy    99 or more times read
As a real estate agent, there is one thing I cherish more then anything, a home seller that is logical and listens to advice. There is a phrase in the real estate field: "To do well as a listing agent, occasionally it's better to be the third agent!" What does this mean? It signifies that a seller has been through the progression two times before they come across you.

They are upset and are more probable to be a very stimulated seller. They recognize that what they have been doing is just not working, and it's time to make a change. There is also a down side to these sellers. As a real estate agent I have seen it time and time again, and it is perhaps the worst part about working as a agent.

Sellers, when they appear to me the third time around, are generally very upset. They normally had a terrible encounter with their prior agents and it cost them a lot of unwanted pressure, money, and un-needed stress. Don't make the error of being too obstinate about your predicament. Here's a number of factors to ponder about when selling a property.

What's your motivation?
How badly do you need to sell your home? What is your time frame for relocating? Do you want to transfer for a new occupation? Before you even contemplate pricing your home, an agent needs to find out these three aspects first, and then you can develop a strategy to meet your desired goals. If you must sell your home because of financial issues, it is going to be hard to come down on price, but it may actually conserve you money to do so.

When you price your house at market price from the start you benefit from selling your house earlier. Having your home sold faster is not only likely to save you from headaches, but it will save you money. How so? It's easy, for each mortgage payment you pay, you are paying interest to banking institutions. Paying that interest each and every month is money you'll in no way see again.

Also, should you over price your home at the start, you might miss out on a lot of potential traffic. 85% of showings arrive within the first 3 weeks of your home being on the market. It is essential to price it right, otherwise the first home buyers that arrive through your house will be gone, and you will never get them back!

When selling your property, consider your motivations, your time frame for moving, and what amount money you can spare for the frustrations you may well encounter. Listen to your agent, price your house to sell, and prepare to progress with your lifestyle.
This article was written by Lisa Udy, Principal Broker of Platinum Real Estate Group. Lisa serves buyers and sellers with all of their real estate needs. If you are in need of an experienced agent for Logan UT real estate to help purchase homes for sale in Logan Utah, please visit Lisa's real estate websites.

Related Articles

Print This Article
Add To Favorites




© All rights reserved to Real Estate Pro Articles