No Phone Calls . . . Lower Your Price
People try to ask too much money for their home at first. Most real estate buyers are wise and know what a good price is and what is an overpriced home. Stories from customers say that if you are over priced you will not receive any phone calls. All it takes is lowering your price $3,000 to get the phone ringing. Or, try putting it in a different price category. So if you are asking $132,000 try lowering it to $129,900. You have only lowered your price by just over $2,000 and by doing so you have brought in a lot larger of the population.

Not much movement on price
Clients are telling us they are getting close to their asking price. Don’t leave a lot of room for negotiating. By asking more you may get less in the end. We hear stories that if the price is market driven, clients are getting close to what they are asking for. So if you are wanting $150,000 out of your home you probably don’t want to be asking more than $153,000. Again, we hear this story on a daily basis. Clients saying “I wish I knew then what I know now”.

Get Back on the New Listings Page
We have clients who lower their price but do not make it known that it has been reduced. There are two ways of approaching this. What we recommend is that you get back on the New Listings page after you reduce it. We charge $49 to do that, but there is a high success rate when people do that. It is a small price to pay for selling your home. Don’t show it as reduced. Just show it as a new listing.

If you have any questions related to this article, please give Jason a call at: 306-761-1310 or email him at: jwall@skhomes4sale.com