PRICE REDUCED ( How to avoid this)
One of the most prominent signs in todays Real Estate Market (I’m not talking about economic indicators) is the “Price Reduced” Signs.
After careful consideration and continuous research I believe we could realistically do away with this sign. PRICE, PRICE, PRICE,— PROPERLY, PROPERLY, PROPERLY. Statistics confirm that a property for sale receives most of it’s activity within the first 30 days of being placed on the market and if priced properly will receive offers shortly thereafter, if not sooner. So why do we have the “Price Reduced” sign? Is it because we are not listening to the market, or are we afraid of the truth? I thought my property was worth more than that, I think that’s too cheap. Ouch! its not what we want to hear but Truth is the beginning of understanding.
After reviewing the indicators that govern today’s pricing in the Real Estate market (Supply, Demand, Short Sales In Delaware, Foreclosures, Etc.) I believe that if you price the product properly right from the beginning it will be sold and sold quickly. Capitalize on Opportunity the first time it knocks.
Whether buying or selling your Lewes Beach Delaware Townhouse, your Delaware Beach Front Property or your Rehoboth Beach Delaware Townhouse, we at Cooper Realty Associates are committed to doing it right and doing it right the first time. Move from “For Sale” to “Sold” and eliminate the “Price Reduced” step. Give us a call. We are the aggressive professionals.
Author~Paul Powalski
