Let’s Make A Deal Or The Price Is Right
Sunday, February 25th, 2007Sellers, your option…
As a professional, I recommend to my selling clients that they “Price it right” as compared to playing the game… “Let’s make a Deal.”
Why? First, look at the ads in the paper and see how many people are playing “let’s make a deal.”
When you analyze the time property is staying on the market and the price reductions against the final sales price you will also come to the conclusion that you are better off pricing your property based on a market study of closed sales, remaining confident that you will get very close to that price in a shorter period of time. The activity should prove this, and any professional realtor will reinforce this information. The problem is that most real estate salespeople are taught to get the listing no matter what, and say whatever is necessary to the owners. A large percentage of agents hope that another agent will bring in a buyer and they will get their share of commission. Savvy Agents’ strategy is that once they have your listing they will then work on you to reduce the price, month after month, with the hopes of finally bringing you to the true market price. If you review the M.L.S. history of most properties, it will indicate this trend.
In the past few months Koslovsky Realty Sales Team has been very successful in pricing properties correctly, selling several homes within 3% of the asking price, in less than 30 days. This has benefited our clients reducing stress, aggravation and expenses. In addition, the less time on the market will yield a greater return on their investment. This strategy definitely outweighs the mind playing games of “potential money left on the table.”
You really should have a Koslovsky Realty Professional at your side.