Ever seen a beautiful home sit on the market for months and not sell?
Maybe you’ve even been one of those unfortunate sellers. Your home is in immaculate show-ready condition. For sale for months…..and…nothing. No offers. People always tell you how beautiful your home is, so why no offers??
Homeowners rely on their real estate agent to guide them.
Our real estate market is a tricky thing. It’s not as easy to determine fair market value as you might think. Pricing a home right from the start is critical to achieving the fastest sale for the most money. Pricing too high and later reducing hurts your bottom line. And it will keep some potential buyers away.
Your agent promised lofty results, however, similar to showing your work in solving a math problem, your agent must be able to support an estimate of value by using comparable properties that have recently sold.
A great CMA includes recently sold properties that compare closely with your home’s size, age, location, etc., and a few pending and actively listed homes. Actively listed and homes pending sales are a great tools to position your home among its competition but do not accurately portray the current market value.
If you’d like some guidance on how to get your home sold, contact PowerHaus for a no obligation, no-nonsense discussion.
