On Market vs. Only Listed
Apr 02, 2015
Is your house On the Market or Only Listed on the MLS?
As a Seller, when you put your house on the market your opinion of what your home is worth is often very different than the Buyer’s.
It’s not too complicated but when the “verified market value” of your property is $XX,XXX less than your asking price, your house is just “Listed” and you aren’t going to attract any Buyer’s until the market catches up with your expectations—this could be months, in extreme cases, years.
Also, since recently coming out of a recession, if your home appraised at $XXX,XXX five years ago the market has probably not caught up. Sometimes this gap is enormous and any agent who tells you they can get that price for your property is probably doing you a huge disservice, as well as compromising their reputation.
To help our Clients on the Listing side we’ve come up with a simple Disclosure to help them understand the situation: Danger of Over-Pricing Disclosure.
Contact John now for a Competitive Market Analysis on your home!
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About The Author
John Hardy of Team Hardy isn't your typical realtor. John's spent 25-years developing brands and marketing strategies in corporate America. He's lead contract negotiations, started mentoring programs and helped business start-ups, which eventually led him to real estate. Why is this important for you? Simple, this diverse background has enabled John to become an extraordinary realtor with the skills, ability, and experience that gives you the extra-advantage you need to market YOUR property. Get John's full-story here.Add Pingback