If you’ve ever watched“The Price is Right,”you know that the only way to win is to be the one to correctly guess the price of the item you want without going over! That means your guess must be just slightly under the retail price.
In today’s shifting real estate market, where more inventory is coming to market and home values are projected to appreciate at lower rates, homeowners will not be able to price their homes as aggressively as they were able to just last year.
They will have to employ the same strategy:be the closest without going over!
As we have explainedbefore, pricing your home at or slightly below market value actually increases the number of buyers who will see your home in their search!
Over the last six months, more inventory has come to market while the months’ supply of inventory available has dropped. This means that the demand for homes to buy is still very strong throughout the country!
Homeowners who make the mistake of overpricing their homes will eventually have to drop the price. This leaves buyers wondering if the price drop was caused by something wrong with the homes when in realitynothing was wrong, the price was just too high!
If you are thinking about listing your home for sale this year, let’s get together to properly price your home from the start!
Author:Lance Whipple PA Phone: 407-494-6030 Dated: January 18th 2019 Views: 276 About Lance: Lance is a Retired Air Force Officer and skip-generation real estate agent -- his grandparents ran a...
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EXIT Realty Champions', Champions Gate Real Estate Office, by Reunion Resort Orlando, is a full service Real Estate Brokerage Office in Champions Gate, Davenport 33896, next to Reunion Resort in 34747. Search for homes for sale with our Realtors, local experts in Champions Gate, Reunion Resort, Kissimmee and Davenport FL. This being the main area for resort vacation homes that can be rented out to meet the Disney World Orlando>, Universal Studios and other theme park market.
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"Steve Humphries was great to work with. Personable and knowledgeable. He helped us zero in on homes that met our criteria for a vacation rental property and negotiate the minimum price that actually got us the house. It is now a profitable, positive cash flow property that has already had an uptick in value. Steve was very helpful to us as Canadians buying in the US in terms of providing advice we needed and accommodating our last minute travel schedule. I expect to use Steve again personally for any additional revenue homes in the Davenport & Champions Gate area and have recommended him to friends. Well done Steve!"