• Team Sisters
  • Raving Fans
  • Around Town
  • News you can USE!
  • Timely Advise
  • Buyers
  • Sellers
  • Property Search
  • What’s My Home Worth

Team Sisters

~ Your Home Town Realtors in La & Ms

Team Sisters

Tag Archives: Home Pricing Guidlines

What can I afford in 2020?

26 Wednesday Feb 2020

Posted by Make your Home your Haven! in Finding a Realtor, Goals for 2020, Helpful Information, News you can USE!, Timely Advise

≈ Leave a comment

Tags

baton rouge homes for sale, Baton Rouge Real Estate, Baton Rouge Realtors, home financing, home loans, home market report, home ownership, Home Pricing Guidlines, home search criteria, home value, homes for sale in baton rouge, HOMES FOR SALE IN LIVINGSTON

Find your Price Range, Get a home estimate value, & start your home search

Click the link for all your Real Estate Needs.. https://conta.cc/2T1SLuc

  • Photo by Vojtech Okenka on Pexels.com

Share this:

  • Share
  • Facebook
  • Email
  • Twitter
  • Print
  • Reddit
  • Tumblr

Like this:

Like Loading...

Second Guessing Price

21 Monday May 2018

Posted by Make your Home your Haven! in News you can USE!, Timely Advise

≈ Leave a comment

Tags

Home Pricing Guidlines, How to sale your home

Imagine a homeowner consulting with their agent about the price to place on their home. The agent suggests that the market data indicates that $200,000 to 210,000 would produce a quick sale by pricing it properly. The owner puts a $210,000 price on the home.

76605908-250.jpg

The first person who looks at the home offers $205,000. When the seller receives the offer, he comments that he thinks he priced the home too low and counters for  full price. The counter-offer is rejected, the home stays on the market and at the end of the first month when based on market conditions, the home should be sold, no other offers have been made.

It may be human nature that when an offer is received so quickly, the first thought to come to mind is that it was priced too low. A more appropriate thought might be that it was priced correctly. In some cases, when a home comes on the market, there is increased competition (real or perceived) among the buyers waiting for the “right” home to come on the market. The home can sell for a higher price than if it sits on the market for several months.

There may be stories of sellers who turned down the first offer and ended up receiving a better offer that would net more money. However,  real estate professionals say the first scenario occurs frequently.

The wisdom of experience advises owners to find a real estate professional that they trust and have confidence. Allow that professional to become familiar with your home and compare it to similar homes in the market that have sold recently and ones currently on the market. Determine the demand for homes in the area compared to the inventory. Decide on a price that will allow the home to sell within a relatively short period of time. And lastly, be satisfied if your home sells quickly near the price you put on it.

Share this:

  • Share
  • Facebook
  • Email
  • Twitter
  • Print
  • Reddit
  • Tumblr

Like this:

Like Loading...

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 905 other subscribers

Realtor®

Real Agency Brokerage
855.450.0442 Office
225.933.7062 Mobile janicedubois@gmail.com www.teamsistersbr.net www.janicedubois.com
147 Del Norte Ave.
DenhamSprings, La. 7-726
e-Pro, SRS, ABR, CRS
Team Sisters
Broker Wendy Leblanc
License # 0995682454 ...
Agent license # 71854 In the state of Louisiana by LREC& Mississippi
Each Office Interdependently Owned and Operated | EBR, Livingston and Ascension Parishes and MS. SW Counties
The Greatest Compliment I can Receive is a Referral from my Clients, Family, and Friends! - Thank You

Categories

Recent Posts

  • Will the Housing Market Crash?
  • What can you do with your Home Equity?
  • Renting vs Buying a Home
  • How To Make Your Dream of Homeownership a Reality
  • Why Today’s Housing Market Isn’t Headed for a Crash

Blogroll

  • Best Real Estate Blog 0

Archives

Latest Tweets

  • Do you have Real Estate Questions? roomvu.com/ask-me-anythin…Pressed 5 days ago
  • Will the Housing Market Crash? batonrougehousehunters.com/2023/03/21/wil…Pressed 6 days ago
  • Just posted a photo instagram.com/p/Cp0XubUOG2m/…Pressed 1 week ago
  • What can you do with your Home Equity? batonrougehousehunters.com/2023/03/15/wha…Pressed 1 week ago
  • Just posted a photo instagram.com/p/Cpx_1HdufIp2…Pressed 1 week ago
  • Just posted a photo instagram.com/p/CpsiLKQOBM4B…Pressed 2 weeks ago
  • Just posted a photo instagram.com/p/Cph_dlvOOLzj…Pressed 2 weeks ago

Start a Blog at WordPress.com.

  • Follow Following
    • Team Sisters
    • Join 34 other followers
    • Already have a WordPress.com account? Log in now.
    • Team Sisters
    • Customize
    • Follow Following
    • Sign up
    • Log in
    • Report this content
    • View site in Reader
    • Manage subscriptions
    • Collapse this bar
 

Loading Comments...
 

    %d bloggers like this: