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Your Home Still Hasn't Sold? Maybe It's The Price

Posted by Perfect House on Wednesday, November 4th, 2015 at 9:34am.

The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand remains strong going into the winter. Many real estate professionals are reporting that multiple offers are occurring regularly and listings are actually selling above listing price. What about your house?

If your house hasn’t sold, it is probably the price.

A properly-priced home can generate competing offers and drive up the final sale value. Our free pricing analysis provides you with both a Pre-Appraisal Report and a Total Market Overview to show your home's bank value and value to buyers. Click Here For Our: Perfecthouse Quick Pricing Tool

If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. (See Chart)

Bottom Line

The housing market is hot. If you are not seeing results you want, sit down with your agent and revisit the pricing conversation. The Perfecthouse Team is an award-winning group of REALTORS® that puts customer experience first and foremost, something which our home selling clients are quick to note. 



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