Your House Hasnt Sold Yet Then Take Another Look At Price

Your House Hasnt Sold Yet Then Take Another Look At Price

The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand remains strong going into the winter. Many real estate professionals are reporting that 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. (See Chart) 



Proper Pricing Pyramid | Keeping Current Matters


Bottom Line


The housing market is hot. If you are not seeing results you want, sit down with your agent and revisit the pricing conversation.


Sherry Cabrera Headshot
Author:
Phone: 214-454-6969
Dated: November 5th 2015
Views: 786
About Sherry: Sherry was raised in Mississippi and moved to Dallas 16 years ago with her daughter. Prior to movin...

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JP And Associates REALTORS
6175 Main Street #355 Frisco Texas 75034
Frisco, TX
972-375-9448
4692875503

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