Many wonder why your house is not selling. One top reason is that it is not priced correctly with features and benefits according with comparable sales. This is pretty unusual, especially right now with housing supply inventory is still far lower than what we expect to see in a normal year. This means buyers have fewer options that they would usually would, therefore your house should be an oasis in an inventory desert. So if a homebuyer has limited choices and your home still has not sold, there is no reason why. Let's get to the root of this what turn buyers away, it's your asking price. Especially right now, that is because of the supply of homes available for sale is still far lower than what we have seen in a normal year. This means buyers have fewer options than they usually would, so your house should be an oasis in the desert.
So if homebuyers have limited choices and your home still has not sold, there is a reason why, maybe you have a barrier that could be turning buyers away. It could be your asking price with a combination of other objectives. This is where a creative and trusted adviser realtor steps in. Especially with today's higher mortgage rates that are already putting a stretch on the homebuyer budget. As a recent article from the Wall Street Journal states, If you are serious about selling your home now, don't get greedy with the asking price. This is still a seller's market as for there not enough affordable homes for sale in many parts of the country. Putting it plain, the interest rates surely adds to making homes not affordable. Click link to learn more about planning to sell my home /PLANNING-TO-SELL-MY-HOME-6-23954.html
While you want to maximize the return on your investment when you sell your home, you need to be realistic based on current housing market conditions. Putting it plainly your house is only going to sell for what people are willing to pay with features and benefits compared to others in the local area. Apparently this may be hard to accept for some, especially since emotions can run high during the selling process which can complicate matters even more. After all, you may have lived in the home for years and it's only natural that one may be emotionally attached without complete understanding of the housing market in detail. Those heartstrings can make it even harder and be a stumbling block.
It is very important to acknowledge that a bigger than expected price tag deters buyers and may dismiss your home as a possibility before even seeing it. This is what you do not want to have happen. And if no one even looking at it, how can it sell? If you want to get your home sold, you need to do something that will spark the interest in your home again. This is where your trusted advisor and professional realtor comes in. We use helpful data to determine if it is priced too high with features and benefits compared to others, along with other local market trends and buyer demand. With other data that the public do not see that we as realtors can see more detailed information on why homes sell and do not sell. This is what we do so you can close this chapter and start the next one. Click link to learn more about right house right price /RIGHT-HOUSE-RIGHT-PRICE---32819---32836---Dr-Phillips-6-22616.html
As a trusted advisor, professional realtor and retired military veteran I am here to serve you in the Dr. Phillips and Central Florida area for the sale and purchase of your home. In the absence of trustworthy information whether it's a housing crisis or local housing market, real estate decisions are increasingly being driven by fear, doubt and uncertainty. We as trusted advisors drive the real estate community to ensure you are making the right decision.
Part of my job is to keep you informed and educated about the local housing market trends, pricing inventory level, buying information on the buying and selling process to include common terms and videos. It is important to keep up to date on the housing market trends, don't get confused with the media, they talk national data level, I can provide the most up to date local area data.
So don't let this shifting housing market delay your dreams, data reveals home values typically appreciate over time and that gives your net worth a nice boost. When you are looking for a home, look for your realtor with the heart of a teacher. If you are ready to start your journey, contact me today at 850 496-6412 to begin a new walk to homeownership and all your real estate needs.