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Here are three Possible Signs your House may be Overpriced.
If 2 or 3 three of these signs is 'True' for you and homes are stilling in your area, there is very good chance your home is currently overpriced.
If you truly want to sell, it is time to make some changes to your selling strategy, especially if your For Sale By Owner or currently have it list with another agent.
Do these 3 steps to price your home properly?
By completing the 3 steps above, as home seller you should have a good understanding of what is the market, where home stands against the competition, and good idea where your home should be priced at.
By pricing your home properly will not guarantee your home will sell, but it should get some home buyers to take look at.
Charleston, Goose Creek, & Hanahan Real Estate For Sale
Matt Naumann – Charleston & Goose Creek, SC Real Estate Agent & Entrepreneur
"Taking Real Estate Home Buying, Investing and Selling to the Next Level" is my personal goal. I specialize in using creative strategies to help my clients buy, invest, or sell real estate in the Charleston & Goose Creek, SC Real Estate Market. My motto is “There is always a way!” Google or Call me (843) 818-9898 and let’s discuss how I can help you in save $1,000s when you buy, invest, or sell real estate.
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The housing crisis. What a crisis we have! 2 things are going on here. The first thing is that the federal gov't has announced that they are leaving the program for purchased mortgage backed securities on March 31 2010. The second thing is the home buyer tax credit ends on April 30th 2010. What does this mean for home sales. Because of the time-line here now is the time to put your home on the market and sell. Usually the spring is one of the best times to put your home on the market but interest rates look as though they will be going up and there will be no more incentives after April 30th. If you are looking to sell your home then don't wait. Now is the time to sell.
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This is an interesting question. It is a buyers market and buyers aren't buying. When the table is flipped and it becomes a sellers market. Why do buyers come out of the wood work to buy. This doesn't make sense but looking back over history this is the mind set of so many people. Is it because human nature is called out when they see other people getting in on something and they don't want to miss out on it. People decide to do it because others are. There has been no better time to buy than now. Interest rates are at an all time low. The supply of homes is at an all time high. The government is offering first time buyers tax credits. What are you waiting for? What will be interesting to see is when the rates go up what will people do then.
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I am sure many of you have tried to work a short sale transaction. Just a few years ago short sales were far and few but now they are a daily part of our industry. Today banks are making it so difficult for Realtors to do there job for there Clients. I am running up against short sales and foreclosures with every buyer I am working with. The bottom line is that they take anywhere from 6-12 months to close. Let your buyers know that there are some great deals out there but the process is long and the decision is in the mercy of the Banks. You would think the banks would want to unload the many files of short sales from there desk as soon as possible. These negotiating mediators are over loaded with an impossible task and they don't make the final decision. As a listing agent don't be a nagger but call and ask how you can help them to make the process go a little bit smoother. These times we are living and working in are like nothing we have seen before so lets try and rise above the chaos and show are real professionalism.
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In today's economy it is important to know the market value of your home. Many of us would like to believe that we know what our home is "worth" and many potential sellers know what they want to sell their home for, but in most cases the perception of what a home is worth to the seller is not reality with today's market. Investing in real estate is still a solid long term investment strategy, however, owners need accurate and reliable information at their fingertips to really understand and weather today's market conditions. There are a number of outstanding websites that are free to people to go and receive this type of information. Information truly is power so utilize these tools that are right at your fingertips. We have developed a free website to help you better understand the value of your home and the current market and feel free to use the link below or visit The Guilliams Team website for additional information.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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