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Here are three Possible Signs your House may be Overpriced.
- You have not had few or no showings.
- You home has been on the market longer than the average sold listing.
- You are one of the higher priced homes in the neighborhood.
If 2 or 3 three of these signs is 'True' for you and homes are stilling in your area, there is very good chance your home is currently overpriced.
If you truly want to sell, it is time to make some changes to your selling strategy, especially if your For Sale By Owner or currently have it list with another agent.
Do these 3 steps to price your home properly?
- Have a market analyis prepared by your agent. Make sure your agent uses comparable properties in your area (i.e. 1/2 - 1 mile radius if possible).
- Preview homes with your agent that are currently priced less than yours in your area. Take in consideration everything, the interior and exterior of the home (i.e. roof, size bedrooms, and etc.), the lot, the neighborhood.
- Compare your home to those you previewed and answer this question as if you were the home buyer, "Does the current condition of my home honestly justify the listing price?".
By completing the 3 steps above, as home seller you should have a good understanding of what is the market, where home stands against the competition, and good idea where your home should be priced at.
By pricing your home properly will not guarantee your home will sell, but it should get some home buyers to take look at.
Charleston, Goose Creek, & Hanahan Real Estate For Sale
Matt Naumann – Charleston & Goose Creek, SC Real Estate Agent & Entrepreneur
"Taking Real Estate Home Buying, Investing and Selling to the Next Level" is my personal goal. I specialize in using creative strategies to help my clients buy, invest, or sell real estate in the Charleston & Goose Creek, SC Real Estate Market. My motto is “There is always a way!” Google or Call me (843) 818-9898 and let’s discuss how I can help you in save $1,000s when you buy, invest, or sell real estate.
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