Overpricing Your Home- and The Disastrous Effects It Can Have

overpricing your home

When selling your home pricing it properly is 80% of marketing the home.  Overpricing your home has consequences. No amount of advertising, open houses or money will sell an overpriced home. Take a Hyundai Elantra and park it next to a Mercedes SL500.  On thesurface they both have a steering wheel, 4 tires a windshield and they are roughly the same size, yet there are two very different price tags.  You will never get a car buyer to pay the $110,000 price tag the Mercedes has … Continue reading...

Expired Listing- Quality Photography can make a difference!

Street View of 438 New Boston Street, Dracut MA 01826

Expired Listing- No home seller goes into selling their house to have their home become an expired listing.  But it happens, more often then you think.  Dracut Massachusetts in the past year had 379 homes sold.  Yet in that same time period, 104 homes expired unsold.  That is 27% of the market expiring unsold.  Now of course some of those will go on to be sold or some sellers will just give up. Just as a side note, in the same time frame, 226 homes had a total of 359 price changes before … Continue reading...

Is your home ready to show? The Buyer Ready Home.

Is your home ready for showings?

Spring is approaching and many home owners are considering putting their home on the market.  Now is the time to assess if your home is ready to show to buyers.  There is nothing more  frustrating then having a seller call, tell me they have been thinking they want to sell their home for months and want to list it tomorrow.  80% of the time their home is not ready to show. This is a kitchen that was presented for sale and showings.  Would you want buyers to walk into this kitchen for a … Continue reading...

Is Your Real Estate Agent Buying your Listing?

Whats my Home worth

I went on a listing appointment the other evening.   I know I shouldn't be shocked, but I was. I spent two to three hours researching and going over pricing on the property the homeowners were looking to sell.  My research included a few drive by's of home that sold in the past 6 months.  Two very good comparable properties were on similar parallel streets to the house I was researching.. I went through my marketing presentation than we started talking about pricing.  I was told that the … Continue reading...