My New Blog

December 7th, 2009 12:47 PM

Today's Real Estate Market for SE Minnesota remains very competitive and slanted toward a Buyer's Market.  Attaching a Listing price for your home that is initially too high will price yourself right out of the market and bring few showings and no offers.  The conventional wisdom that I can "always come down" doesn't work well in this market for sellers. 

The goal should be to set a listing price that brings many showings and an offer within the first 30 days of the home first going on the market.  The longer your home sits on the market past 30 days will bring fewer buyers as many are often interested in new inventory on the market and not what has been sitting around for more than 30 days.  It will also likely bring a much lower initial offer as savvy buyer's agents know how many days the home has been on the market and will use this leverage to the buyer's advantage. 

A very thorough Current Market Analysis (CMA) can give a perspective seller a very accurate initial listing price.  Again, the goal of the listing price is to get many showings of the property and the first written offer within 30 days.  For a free CMA and a 20 minute no cost no obligation appointment, call, text, or email me today.  I'd be happy to assist in any of your Real Estate needs.   


Posted by Bryan Busse on December 7th, 2009 12:47 PMPost a Comment (0)

Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

Century 21 Alpha Realty
Phone: Cell:

Contact Us | Selling Via Short Sale | Match Day 2012 | Home Buyer Checklist | For Buyers | Real Estate Glossary | Selling Your Home | Home | Reasons Homes Don't Sell | Home Appreciation | My Blog

Copyright © 2012 Century 21 Alpha Realty
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.