Criteria + Price = Sale
Monday, November 23rd, 2009Do you know that there are only a few choices for buyers in today’s market. Once you determine the needs of a buyer and the price that a buyer could afford to purchase a house, your picks are slim; especially, if a buyer is concentrating in a certain area. For example, a buyer is looking to buy a house with at least 2 bedrooms plus another room to be used as an office or play room, 2 baths or at least a bath and a half, Leonardo or Navesink, basement or garage for storage, nice yard, and not too much work needed on the place, in the price range of $200,000 to $290,000, you would be amazed to find out that there is probably only about 5 houses to look at. This is not an easy task when half of the choices only have 2 bedrooms and no storage. It may seem as though there is a ton of houses for sale and deals are flying left and right, but this is not the case. If a house does not sell within 30 to 60 days it means that the price is too high for what is offered. The housing market has been turned upside down and whether you are a buyer or seller the story is the same. Buyers make low offers; sellers think their house is worth more than it is. If a house sits on the market long enough it might get sold or it might not. Remember one point when selling – if priced right the house will sell. People think that if they wait long enough someone might come along and pay the price. Please contact me for a “Right Price Analysis” and get your home sold today!