Yes, this is a changing market, so the most intelligent and positive thing any seller can do is to price their house competitively. Next, stage the hell out of the property to make it look better than your competition. But, again, the most important thing you can do is to list a property as close as possible to its actual value based on intelligently, and realistically calculated comps. Selecting an agent because they tell you a price you want to hear is a lethal mistake. Make them show you the comps.
The most important thing that we offer our valued clients is the Truth. The market has changed, and it will continue to change as the Feds attempt to cool off the economy. The market has decelerated, along with a coincidental increase in the number of price reductions. We are seeing more price reductions, now, than we have in years. One of the reasons is because the property was probably overpriced in the first place. This was a very common thing when the market was red hot. But the market has changed.
We have a reputation for detailed analysis of property values. Count on us to list your house at the most rewarding and competitive price that will make sure that your house doesn’t start “following The Market”, an affliction that inevitably sees a sale price, lower than it could have been, had it been priced correctly in the first place.
Middleton & Wanda O’Malley