Friday, October 17, 2014

The Stinking Truth

As I come in contact with many sellers, I realize one thing. That one thing is, everyone wants the best price for their home. That is not the issue. The issue is the overpricing that happens too often in real estate. Some homeowners even like to "test" their home on the market. Hoping that someone gives them enough money to go retire on a yacht in the Cayman Islands. What is that? Is it a dose of disney world that continues to hold sellers back from their reality of the Real Estate Market?

The truth is the real estate market is ever changing, however what remains the same is that everyone wants the best bank for their buck. Unfortunately because most sellers have an emotional attachment to their house and do not work in the Real Estate Market daily, they tend to overprice their home. Overpricing will lead to the least bank for your buck and send a seller into distress.  Even if a buyer solves the home, buyers remorse can happen if they realize through research that they are paying $30,000 more for your home that the home across the street.

Please, listen to your Realtor. Usually you know when you have interviewed with a real Professional. Take sound advice from someone that studies the market monthly, if not weekly. Be informed, yet be realistic. Selling a home is not a simple task, as a matter of fact in some cases it could be nearly impossible for  a buyer to absolutely love everything about a home that they about to pour most of their savings into.  Make it Sell not Sit,

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