Did you know the best chance for selling your property is within the first seven weeks? It’s true. Leasing a property is similiar in that the first few showings give the owner the best chance at leasing it quickly and for the highest dollar amount.
Studies show that the longer a property stays on the market, the less the seller / landlord will net upon the sale. It is very important to price your property at a competitive market value at the signing of your listing contract. The market is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell. Same with leasing a property.
An Overpriced Home:
· Minimizes offers
· Lowers agents response
· Limits qualified buyers / renters
· Lowers showings
· Lowers prospects
· Limits financing
· Wastes advertising dollars
· Nets less for the seller / landlord
When you are ready, contact us for a personal market RENTAL OR SALE value analysis of your home. No hassles or obligation – just honest advice on how to get top dollar for your home!
See our next blog for more property management and real estate sales information.