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.
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. Contact The J Team Fort Lauderdale at 954-235-3589 to discuss strategies to sell your home, the 2 biggest reasons it doesn't sell are Price and Exposure. Is the home being shared with as many people as possible online? With the most photos aloud, the local MLS here in Fort Lauderdale can post up to 35 photos. Most listings in the area have only 9-10. The J Team Fort Lauderdale knows how to market homes on the internet to sell quickly and for top dollar!
Find out your homes current value at Http://Sell.JTeamFL.com
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