fbpx

Compare Listings

the importance of pricing your home correctly

the importance of pricing your home correctly

You put your house on the market, but you don’t have any offers. What do you do now?

The amount of listing activity shows the potential a home has

First, take a step back. If you’ve had inspections without any offers, that could indicate a pricing problem. If your home is priced too high, it could help other properties sell. Similar homes priced correctly will seem like a deal once buyers have seen your overpriced property.

If you haven’t had any activity at all, that points to a serious pricing problem. Have a serious conversation about finding a fairer price. You have to be aggressive. The amount of listing activity shows the potential a home has.

If you lower the price, be decisive. Don’t just lower the price slightly. Buyers will notice, and instead of making an offer, they will wait for the next price reduction. While lowering the price a little bit at a time is a popular strategy, it’s not the best for you.

When you want the pricing expertise of a proven professional with extensive local market knowledge, give me a call on 0451 778 578 or email me at kevin@redstarrealestate.com.au. I would be happy to help you!

img

kevin

Kevin co-founded Sunnyville Property Management and is a successful Real Estate Sales Consultant in Outer Suburbs of Geelong with a focus on Lara. He shares his ideas and answers to commonly pondered real estate myths at redstarrealestate.com.au. Kevin is a father, idea generator, tech-savvy, golfer licensed real estate agent and motorcycle rider.

Related posts

why do you need to avoid overpricing your home?

One of the biggest mistakes home sellers make is what I like to call the overpricing...

Continue reading
by kevin

secrets to a successful sale

If you’re selling, you need to do everything in your power to make your home stand out. To help...

Continue reading
by kevin

which renovations add value to marketing your home?

People often ask, “What type of renovations should I invest in before listing my property?”...

Continue reading
by kevin