Monday, July 14, 2014

Florida Homes For Sale: Signs that your home is not priced right...

This post was originally published on August 14,2008.  Although the Brevard County, Florida real estate market is better now than it was six years ago the message is still the same.

Selling you home is all about price.   Price for condition, location, competition and motivation


Signs that your home is not priced right...


To sell your home, it must be seen by potential buyers.  If your home is presentation ready, curb appeal looking fantastic and still no one is coming maybe it is priced incorrectly.

The first sign a home is not priced right is no showings during what I call the "golden period."

The "golden period" is a term I coined to describe the first two weeks a property is listed.

Most real estate agents and motivated buyers watch for new listings.  They want to buy but they are particular.   It is during its first two weeks a listing will garner the most activity. 

If it did not, look at the price.

Another measure I use to gauge whether a home is priced correctly is my 30-10-1 rule.

If a home is listed for 30 days and has less than 10 showings and not one realistic offer, then the price is most likely an issue.   While this is a buyer's market a home that is priced right will garner the appropriate attention early on in the process.
If you are considering selling your Rockledge, Viera or Suntree home, please give me a call to discuss how I can market your property.

Want a free market analysis on your Melbourne or Viera, Florida home?  Send me an email or give me a call at 321-693-3850.