you're reading...
Uncategorized

Don’t Price Your Home too High

 

When a seller is ready to put their home up for sale, they are usually plagued with misconceptions about the market. This causes many sellers to price their homes too high. Plenty of sellers think that they should price higher because (1) buyers will offer less (2) because they want to test the market and see if buyers will be interested even at a high price  and (3) because they hope there’s a buyer who falls madly in love with the home and will pay more than it is worth. These ideas are unreasonable and almost never happen. Thinking that way is detrimental to a home sale.

When you put your home on the market, you need to price it in a range that is going to sell. The first several weeks are crucial. You need to keep momentum up making sure buyers are seeing the property and making offers. If the price is too high you’re less likely to get a buyer to visit your home, If it sits on the market too long a buyer willing to pay the outrageous price might avoid it because if “No one has bought it, there must be something wrong with it. You don’t want that.

When you do go to price the home, base it off an appraisal or a Comparative Market Analysis. To be perfectly blunt, you cannot get a realistic idea of how much to sell your house for. Talk to an agent. He or she will be able to do research and, knowing the ins and outs of the industry, will be able to help you reasonably price your home. Your agent will look at location, additions, and overall equity to help you understand where to price your home. Don’t do it alone! An agent will streamline the process, and will probably even get you a better deal than you could on your own.

For more information check out http://www.NationalRealtyGroup.com

Advertisements

About National Realty Group

National Realty Group was founded in October 1991 by Jeff Maas. It started as a two man office but soon grew to a medium sized office. One of the original agents formed a new home development company soon after. Steven Walker Homes is now a large national home builder. Southfork Mortgage Company Corp. was founded in April 1990 by the owner of a large home builder. Jeff Maas stepped in as its Broker in September 1993. With the help of Jeff Evens, Jeff Maas was able to expand the company. In July 1994, the owner of Southfork retired and Jeff Maas and Jeff Evens purchased the company. They continued the growth and soon built it into a multi-million dollar corporation. National Realty Group remained separate until Jeff Maas sold it to Southfork Mortgage in 1996. This allowed the owners to expand National Realty Group while allowing its agents to provide mortgage services to their clients. In 1996, a branch office of Southfork and NRG was opened in San Bernardino. It was later moved to Redlands in the most well-known office in the city. In 1998, they opened an office in Temecula in the Temecula Valley Bank office. The offices were expanded and closed 45 million in real estate and loan transactions in 1998. In 1999, Jeff Maas purchased the company from Jeff Evens becoming sole owner and broker. Shortly after the name was changed to National One Mortgage Corp. The company outgrew its 3000 square foot office in Riversideand moved to a building of approximately 6000 square feet. The growth continued at a spectacular rate. The company grew to over 40 agents within one year. The expansion continued with the addition of 2800 square feet and later adding more space for a combined total of nearly 13,000 square feet. At our peak we had over 125 agents and 12 employees in the Riverside office alone. During the summer of 2003, we opened an office in Temecula at the corner of Rancho California and Margarita. This office was soon bursting at the seams with 42 agents and 3 full time employees. Due to the increased demand for our unique programs, by the public and real estate agents, offices were opened in Corona and Ontario in early 2005. The year saw more amazing growth with offices opening in Moreno Valley, Hemet, Las Vegas and Norco. Rancho Cucamonga and Phoenix opened the first part of 2006. A Murrieta office opened summer of 2007. The economy has not been kind to many real estate and mortgage companies. We have remained strong and successful. Our business model of a One-Stop Shop provides the exact service and convenience the Home-Buying public desires and needs.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: