The housing market on Florida’s Emerald Coast has recently shifted into a seller’s market. So if you have thought about selling your home lately, now is a great time to list your home. Homes in Destin, 30A, Panama City and the surrounding areas are selling more quickly and inventory has decreased significantly in the last two years.
The Nathan Abbot Team’s number one tip to help you sell your home in 2014 – Price it right!
Sellers have an excellent opportunity to sell your home this season if they have the right pricing strategy in place from the start. Studies show that the longer a property stays on the market, the less the seller will net upon the sale and the property may appear less desirable to the buyers. It is very important to price your property at a competitive market value at the signing of your listing contract. The market is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell.
An Overpriced Home:
- Minimizes offers
- Decreases agent response
- Limits qualified buyers
- Decreases showings
- Limits financing
- Wastes advertising dollars
- Nets less for the seller
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