Your House Hasn’t Sold? Take Another Look at the Price

Montgomery County Real Estate

Price Your Home to Sell

Price Your Home to Sell

The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand remains strong going into the winter. Many real estate professionals are reporting that multiple offers are occurring regularly and listings are actually selling above listing price. What about your house?

If your house hasn’t sold, it is probably the price.

If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. (See Chart)
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Bottom Line
The housing market is hot. If you are not seeing results you want, sit down with me and revisit the pricing conversation and let’s price your home to sell.

Please consider the Myers Team your resource for all things real estate. With almost 30 years of buying and selling experience, my team and I are Montgomery County real estate experts, as well as the surrounding Metropolitan area. If you are buying, selling, refinancing, want a recommendation on a home warranty, need a service or just have a home related question, please give me a call at 301-910-9910 or email me at bobmyersteam@gmail.com.