Thinking about selling? You’ve been reading all the negative press and are probably worried about whether your house will sell or if you even want to try. In reality, if you want to sell, you need to get your game face on and get ready to rumble.
The key to getting your home sold is working with a local experienced Realtor, knowledgeable about the Smyrna Vinings community, who can help you to price and market your home appropriately.
What happens if you just throw your home on the market and hope?
If you look at the analysis above, your listing will likely FAIL. In fact, in the first quarter of 2008 in metro Atlanta, for every 100 listings, 70 failed to sell. Thirty did sell, but 15 required a price reduction.
The end result, only 15 out of every 100 listings were priced properly and as a result sold at 96.6% of list price and within 40 days. The other 15 required longer to sell due to mispricing, taking 116 days to sell and sold at only 87.7% of list price. And the other 70, well, they’re still sitting on the sidelines hoping to get in the game.
Hopefully, what you can take away from this, is homes that are priced properly are selling and they’re not sitting on the market. However, too many properties are being priced based on comparable sales from 2006 and 2007 and I hate to break it to you, but we’re in 2008 right now.
If you’re ready to get an honest assessment of what your home is worth, feel free to contact us and we’ll be glad to sit down with you and discuss how we can get your home sold, even in today’ market. It’s merely a question of whether you’re ready to get in the game.