Sometimes, It Just Takes Finding The Right Price Point To Open The Floodgates


Sometimes, It Just Takes Finding The Right Price Point To Open The Floodgates
By Scott Rogers • November 4, 2019
Sometimes, but not always, this can happen when pricing and listing and marketing a home... List your house at a somewhat optimistic price Very few showings Adjust the price down a bit A few more showings, but not many Adjust the price down a bit A few more showings, but not many Adjust the price down a bit LOTS of showings! An offer! Another offer! It doesn't always happen, but sometimes you cross a threshold where all of a sudden many buyers see your house as being a much better value proposition -- and they are all of a sudden worried that another buyer might jump on the opportunity faster than they will. We only really know where this threshold is once we are there. Sometimes a buyer doesn't even want to negotiate much on price once you hit that threshold because they feel the price is fair, they sense there may be other strong buyer interest, and they don't want to miss out. So - if your home is not getting the buyer activity you'd like to see (or that you need to see in order to believe an offer might materialize) sometimes it will just take a few increment price adjustments until you hit that price point where the floodgates open and the showings being, and (hopefully!) an offer will come in as well! Receive Updates by Email Recent Articles: The Increasingly Difficult Challenge Of Purchasing A Detached City Home Is There A Price You WOULD Pay For This House? There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings?
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 25, 2024 (unless otherwise noted).
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