A10F03B49704A9555CB18D6BD506641C

A Must Read

Dated: 10/01/2019

Views: 15

Is Your House “Priced to Sell Immediately”?

Is Your House “Priced to Sell Immediately”?

In today’s real estate market, more houses are coming to market every day. Eager buyers are searching for their dream homes, so setting the right price for your house is one of the most important things you can do.

According to CoreLogic’s latest Home Price Index, home values have risen at over 6% a year over the past two years, but have started to slow to 3.6% over the last 12 months. By this time next year, CoreLogic predicts home values will be 5.4% higher.

With prices slowing from their previous pace, homeowners must realize that pricing their homes a little over market value to leave room for negotiation will actually dramatically decrease the number of buyers who will see their listing (see the chart below).Is Your House “Priced to Sell Immediately”? | Keeping Current Matters Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price their house so demand for the home is maximized. By doing so, the seller will not be negotiating with a buyer over the price, but will instead have multiple buyers competing with each other over the house.

The secret is making sure your house is Priced To Sell Immediately (PTSI). That way, your home will be seen by the most potential buyers. It will sell at a great price before more competition comes to the market.

Bottom Line

If you’re debating listing your house for sale, reach out to a local real estate professional to discuss how to price your home appropriately and maximize your exposure.

Blog author image

Irene Marie

Irene Marie is a lifetime resident from the MS Gulf Coast and very knowledgeable of the surrounding areas of Harrison, Jackson, Hancock and Stone counties. She was first licensed in 1984 and has been ....

Latest Blog Posts

GOVERNOR TATE REEVES RELEASES SAFE RETURN GUIDELINES FOR DMV REOPENINGS

GOVERNOR TATE REEVES RELEASES SAFE RETURN GUIDELINES FOR DMV REOPENINGS By WXXV Staff  -June 3, 2020 0 Share on Facebook Tweet on TwitterSOURCE: MGNJACKSON — Today,

Read More

Cinemark To Lure Netflix Viewers Out Of Their Homes With 5 Tickets Starting June 19

Cinemark knows it needs to roll out the red carpet to lure moviegoers back to its theaters, where sitting for a two-hour movie in a seat that was occupied by multiple strangers no longer seems.

Read More

Top Reasons To Own Your Home

Top Reasons to Own Your Home Some Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re in a

Read More

Jun 1 2020 46719 4

Buying or Selling a Home? You Need an Expert Kind of Guide In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through

Read More