Selling Price vs. Timing

 

 

 

 

 

 

 

 

 

 

 

A

 

 

 

 

 

 

 

 

Rounded Rectangular Callout: WHAT SHOULD YOU DO WHEN THIS TIME COMES??C

 

 

 

 

 

 

 

 

T

 

 

 

 

 

 

 

 

I

 

 

 

 

 

 

 

 

V

 

 

 

 

 

 

 

 

I

 

 

 

 

 

 

 

 

T

 

 

 

 

 

 

 

 

Y

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

2

3

4

5

6

7

8

Weeks

 

Timing is extremely important in the real estate market. The above graph illustrates the importance of placing your home on the market at a realistic price and terms from the very beginning. A home attracts the most excitement and interest from the real estate community and potential buyers when it is first listed. When a home has been on the market for a long time it becomes an aged listing and reflects questions like; “Why didn’t it sell?” “Is there something wrong with it?” “Is it priced right?” etc.

 

The highest chance of a sale is when the home is new on the market. Most buyers believe if a home is worth the price, it will sell quickly. These are the homes they will want to see first.

 

                THE HOME TEAM

Scott W. Muir                                     Richard L. Woods

Mobile 209-1874                                Mobile 573-1983

Home 763-9999                                  Home 944-5838

muir@stonebrook.com                   homesold@aros.net