The residential housing market is hot. Home sales have made a comeback and are now at their fourth highest pace over the past year. Demand remained strong during spring as many real estate professionals are reporting bidding wars with many homes selling above listing price. Sellers are making sure they check the price to list at for a quick and profitable sale. What about your house?
If your house isn’t sold, it could be the price.
If your home is on the market and you are not receiving any offers, check the price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. See chart below.
Bottom Line
The housing market is hot. If you are not seeing the results you want, sit down with your agent and revisit the pricing conversation.
Realty Solutions Group was built around a simple but elusive concept: provide brokers and clients with the highest level of service in the industry through cutting-edge sales, marketing programs and a culture that values innovation, relationships and a strong local focus.
In less than 5 years, Realty Solutions Group is among the top independent brokerage firms in S/E Wisconsin.
As a locally-owned, independent company, Realty Solutions Group is deeply committed to supporting the communities and clients we serve. We are constantly evolving, but remain focused on that one simple idea behind our founding.
We are a full service brokerage with discounted commissions. We offer no long term listing contracts, a Performance Guarantee, Smart Seller Program and a Communication Guarantee. Contact us today and let us provide you with the very best real estate experience.
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