Checklist is complete with what needs to be done with the house. You’ve clean and declutter, fixed what’s broken, and even hired the services of a professional stager just to make your house more appealing to a wider range of buyers.
To increase chances of being noticed by potential buyers, you even removed emblems and other signs of affiliation. You also agreed with your agent to have your pets be no-show when buyers want to see the house.
But despite these efforts, your house still stays in the seller’s market for some time. Some house just few blocks from yours have already sold in just a few days or a week.You start wondering and contemplating of the probable problems.
Well, it could be high time for you to check the tag you’ve labeled your house with. According to real estate reports, buyers are still considering price tags to fit their budgets first before considering other factors such as needs, functions, and appearance of the house.
Put in mind that a house is a commodity too. Like other goods which we buy from day-to-day, the price tag matters a lot. We are buying goods because we believe their prices are right. It will be the same principle that applies to houses in the seller’s market. If you were the buyer, would you go after a house that has a high price tag than what your budget can afford? Certainly not.
Tap the services of your local real estate agent to help you analyze on the price you should put on your house. Start by analyzing the homes of similar features that sold from within your neighborhood for at least a year ago.
Browse the pictures of those houses. The listings will have the asking prices and the real selling prices. You can also have a glimpse of how many days those homes stayed on the seller’s market before a buyer had closed deals with their sellers.
Selling a house is a goal that requires patience too. Remember that buyers will have different needs and different stretches in their budgets too. For this, they will be selective on the various homes that are on the seller’s market. If you think you’ve already exhausted your ways on improving the internal and external appearances of the house, review of the price. It could be the one last key to unlock and have your house sold!