In this challenging Real Estate Market that has seen declining home values for several years, we get calls from Northwest Indiana Home Sellers that have previously listed their home for sale with other REALTORS and blame the last Agent for the home not selling ?
After careful statistical data review of their neighborhood recent comparable SOLDS from the most reputable source which is the Local MLS and RPR,
....and after a tour of the property to rule out the existence of any other variables that may negatively impact sale-ability like poor CONDITION, Obvious Defects, SMELLS, undesirable LOCATION, dated features or design, etc...
We verify further with home owners:
Do you have a copy of a recent appraisal to share other data that supports value?
Sometimes, the price range we provide in our Competitive Market Analysis is different from the previous List Price.
One commonly heard response to this difference in values is:
"WE NEED to get X amount of money from the sale of our home, our mortgages = X, we don't want to bring money to close. So we priced it to break even."
Lack of Equity is the reason your home did not sell-> You priced it to break even, not to sell.
As a seller, you control:
- The price of the listing
- The condition you keep your property
- Your homes accessibility to be shown
Some homes were bought at the height of the real estate market and now they may be worth less than what was paid for them. You are not alone, 22.8% of American homeowners according to a recent Corelogic Report have negative equity.
Savvy buyers have many homes for sale to chose from in NW Indiana, they shop and compare and choose the best home at the best PRICE of those available that meet their criteria.
A buyers agent presents the same neighborhood SOLD stats we pull for listing a property to their buyers.
Sometimes the truth about your homes value can be difficult to accept and it''s easier to blame someone or list with someone who tells you what you want to hear verses facts.
Performance Outsells Promises
Give us a call to List Your NWI Property To Sell in today's challenging market.
Talk To Tucker - Indiana's Real Estate Leader (est 1918).
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* factors-that-do-influence-the-value-of-your-northwest-indiana-home
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Since http://activerain.com/blogsview/2561908/factors-that-do-influence-the-value-of-your-northwest-indiana-homeyou will generally have the most showing activity during the first 30 to 45 days, it’s important to be priced competitively. Prospective purchasers do comparison shopping and are aware of the value of available homes. If potential buyers feel the price is too high, they’ll move on to the next one. Price can overcome objections to location and condition Since you will generally have the most showing activity during the first 30 to 45 days, it’s important to be priced competitively. Prospective purchasers do comparison shopping and are aware of the value of available homes. If potential buyers feel the price is too high, they’ll move on to the next one. Price can overcome objections to location
Thanks for stopping by and reading our Blog about Life in NW Indiana, The Housing Market, Communities, Local Sports, Events, attractions & more.
Sincerely,
Jeff & Grace Safrin, Broker / Owners
F.C.Tucker 1st Team Real Estate
13 Lincolnway Suite # 203
Valparaiso, IN 46383
Office # 219-309-9930
serving Lake, Porter, La Porte, Jasper, Newton & Starke Counties in NW Indiana
Independently Owned & Operated
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