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Your home is on the market. How do we know when to adjust the price to attract more people to the property and get your home sold?
First of all, some people might wonder why they need to adjust the price at all if the home was priced accurately when it first hit the market. Our goal is to price our listings at a very effective price to get as much attention as possible. Sometimes, however, we get feedback from the market that tells us differently.
We are proactive about listening to that feedback and letting you know when the market tells us that your home is not priced correctly. That way, we can be proactive about making that price adjustment to get your home sold.
"We want to be proactive about your home value."
So, how long is a home left on the market before adjusting the price? From the very beginning, we will talk about the possibilities of adjusting the price. We look at market trends every day, and each week we will give you an update on whether or not you should change the price. Again, we want to be proactive about getting feedback from the market so we understand what the home is worth.
As your real estate agent, there are many factors we consider before suggesting a price adjustment. We pay attention to similar homes in your neighborhood. Every day, we assess how your home stacks up against the competition. We pay attention to what comes on and goes off the market so that we know what price adjustment we need to make to attract a new audience, as well as bring back the people who have seen your home already.
If you have any questions, give us a call or send us an email. We would be happy to help you!
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