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).
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, let’s get together to discuss how to price your home appropriately and maximize your exposure.
Top Agent in West Jordan Utah
Searching for a Top Realtor in West Jordan, Utah? When searching for a top agent or Realtor in West Jordan, Utah is it best to find the most popular or the most qualified? Believe it or not there is a difference. You can find the guy or gal the advertises on the...
Search Utah MLS Salt Lake City Listings
Search Salt Lake MLS Listings. We specialize in assisting buyers and sellers all over the state of Utah. Searching for Real Estate in Utah? Our website contains every listing that is active. ALL listings from ALL Real Estate Companies in Utah including Salt Lake...
The House The Pot Belly Pig, and the Crazy Aunt
BY MARTY AND LAURIE GALE Real Estate Broker/Owner with Utah Realty 5451933-PB00 Share: May 20, 2010 04:58 AM The characters consist of my past client, her grandmother (the retired librarian on oxygen), the grandma's caregiver (live-at-home bachelor son) and the aunt...
need to sell my house fast
There are a number of reasons people need to sell their house. So if you’re on a deadline to sell quick, you might feel entirely alone in your circumstance. This is because most people who sell their home do it the traditional method, believing that there is no...
What to Check During the Final Walk-through:
Those 24 hours before closing — the home stretch to homeownership — is crucial. Preparation is key. The “final walk through” is your chance to make sure the buyer is getting exactly what they’re paying for. Bring a copy of your contract to ensure all included...
Tips for Moving Into Your New Home
Congratulations, you've bought your home and it's move-in time. Wait! Before you move in, read on to get some practical and important tips. Change the locks. You've closed escrow and the keys to your new home are yours. The first thing you should do is change the...
Divorced and Selling My Home
Selling the House When You Divorce One of the options you have to deal with the house during divorce is to sell it and divide the proceeds. If neither spouse wants to stay in the family home, or if neither can afford to buy out the other, you can put the...
March Madness Give Away
March Madness March Madness Referral Bonus and Rebate - $650 total Spring is upon us and we are excited for the opportunity to work with the people around you. If you can think of anyone that needs to buy or sell that could use an extra $500! If you, your company or a...
CRS March – April Newsletter
Newsletter for our readers [pdf-embedder url="https://utahrealtyplace.com/wp-content/uploads/2017/03/CRS-025_MA_Your-Home2.pdf" title="CRS-025_MA_Your Home2"]
Attention Home Buyers
Notice Consumer Warning!! Attention Home Buyers!! Attention Home Sellers!! Is the Home You are Looking at ON-LINE Really For Sale??? Did you know the facts about where listings are originated? Buyers beware of the Large Corporate Sites acting as posers in our real...