Below you'll find a list of all posts that have been tagged as “Pricing”
While the thought of selling a house “as is” sounds appealing at first, it’s important that a homeowner fully understands the pros and cons of doing so. While listing their property “as is” may alleviate them of some responsibility for making repairs, it can cause other obstacles to rise to the surface. Here are some points of interest sellers should …
Your home has been on the market for a month or two now. It’s had some showings, but no one has made an offer. You may have even received feedback saying it’s overpriced. Now, your real estate agent is suggesting you lower the price. If you’re like most home sellers, the thought of making less money off of the sale …
Have you ever heard the real estate slang “buying a listing”? No, we’re not referring to the actual act of purchasing a home. We’re speaking of the ethically questionable act of listing agents securing listing agreements by agreeing to whatever listing price the seller presents. How is this ethically questionable? Consider this scenario… Say you’re getting ready to list your …
When a buyer finds out that a home is under contract, it’s a common knee-jerk reaction to ask, “How much is it under contract for?” But did you know there is certain information that Realtors are not allowed to share with those not party to the contract? One of those is the agreed upon contract price. If we represent the …
Happy Monday! I hope you had a wonderful weekend and enjoyed the warmer temperatures we had around here. I remember last year at this time we were expecting snow and ice. Not too much longer for Spring and Summer to arrive. I just read a great article on the Keeping Current Matters Blog about Future Home Values and where the …
Happy Monday! Wherever you were this past weekend, I hope you were warm and by a cozy fire. Wow, it was cold here. Even though it’s cold outside, the Wilmington market is starting to heat up. We have definitely seen an increase in showings in January and sells are on the rise too. I was at a listing appointment recently …
Have you ever made an offer on a home, was outbid, and was upset when you learned the price it sold for? “Darn it! I would have paid that!” Well, that is your regret price a.k.a. the amount you would have paid before you felt regret. The same goes if you hear the price and aren’t upset. “I would have …
Your home has been on the market a few months and now your agent is suggesting lowering the listing price. No one likes the idea of netting less money, so it’s justifiable that you are hesitant to do so. To make a solid decision, you should ask yourself… Has my agent provided data in support of the numbers? A listing …
Choosing a listing price can be challenging for homeowners. They have to identify comparable properties that have recently sold, and decide which features make their home more valuable or less valuable than those identified. This requires knowing recent trends and looking at the properties with an impartial view. Probably one of the most difficult aspects of this task is identifying …
