When it comes to selling your home, don’t go “Old School”
Comments Off on When it comes to selling your home, don’t go “Old School” Categories: Hilton Head BuyersThere are only two types of seller’s in our real estate market today. There is the “Old School” seller. These sellers set a price and never change it. In fact, there is a good chance they will change their agents more times than their price. Then there is the “New School” seller. These sellers know their buyer is watching their property on the internet and have no problem adjusting their asking price if there is no activity. Can you guess which sellers will sell faster and most likely for more?
Let’s just take a quick look at the Old School Real Estate Market. In the not so long ago past, buyers could not easily determine how long a property had been on the market and did not have easy access to comps. These buyers had to walk into a real estate office or call their agent on the phone to get additional information. This gave “Old School” sellers a chance at bat because buyers had to call an agent to get more information about their property. The bad news for Old School sellers is the internet changed all of this.
Buyers don’t have to raise their hand in the market today. Buyer’s remain stealth with the internet until they spot a properly priced property with the criteria they are looking for. They have easy access to comps on internet sites including Zillow, Trulia and Realtor.com . They can now see how long a property has been on the market and quickly determine if it’s priced right. They don’t even waste their time looking at an overpriced property. More bad news for the Old School seller!
What’s the solution for “Old School” sellers? When positioning your property for sale, if there are only a few showings, no second showings and no offers, there is only one reason. If your property has tumbleweeds blowing around the drive, adjust your value early and often! You will be amazed what happens!
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