Selecting a Realtor Based on the Highest List Price
Published On: February 2, 2012 Posted by: TownsRealty
You Can Sell it for How Much?
When listing your home, the seller should choose a Realtor® based on his/her credentials. The market value of the home is an entirely separate issue.
Overpricing a home to get the listing is an old trick in real estate … make the seller feel good and praise the home to get the listing and after that ask for a price reduction 30-45 days later. An experienced Realtor® has a well-researched market analysis to determine the realistic amount of your home based on the current real estate market and prices your home accordingly. A home that is priced high will sit on the market and don’t think that a prospective buyer who is interested will view the home anyway and make an offer. Buyers are looking at homes on their price range and if your home is not on their price range, it will get passed. Also, the highest buyer traffic is typically in the first two weeks of your home being on the market. Selecting an agent based on a high listing price is not a good decision.
If you are looking to sell your home in Orlando, Kissimmee, Davenport or any other area, give Towns Realty a call. As our client, the seller, you will receive honesty, professionalism and over 15 years of real estate experience.