Mar 17, 2008

Pricing your home right from the beginning

Here is a perfect example of what this market is doing to those who do not price their home correctly at the beginning and then attempt to chase down the market.

  • Agent suggested list price of $241,000
  • Seller wanted and got the agent to list for $255,000.
  • 4 months later agent was able to get seller to reduce to $245,000
  • Seller turns down offers of $225,000 and $219,000
  • Seller finally accepts an offer of $219,000 and the buyer's financing falls through.
After numerous price reductions the home is now listed for $165,000 with an offer anticipated today.


Related Florida real estate views:

Smart home sellers listen to what the market is telling them.

Home not selling? What does your agent say?

Price reductions - Price improvements - Price correctly


- Greg Staker - Watson Realty Corp. - 407-304-0255

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