Find Your Home!

Tuesday, November 23, 2010

This can’t be right - Viera Home on Market and Gets Contract in Less Than Two Weeks.

I heard a seller remark yesterday she had been told she priced her home way too low because "it has only been on the market a week and she already had a contract!"

My thoughts (I did not respond as she was not my client) included...
  1. Sellers are not obligated to accept any offer.
  2. The longer a home is on the market the less desirable it gets (Buyers think "what is wrong with it?")
  3. In a declining market waiting may result in even lower offers especially with an unknown number of foreclosures that will eventually hit the Brevard County Florida real estate market.
The reality is simple: Homes that are priced right are selling.  Sellers may negotiate a little but for the most part they have listened to the comps and will know what a good offer should be!

There are some signs your house is not priced right Competent real estate agents will look for homes that are priced right (location, condition and competition) and show their motivated clients these gems.

One other thought is if your Viera Florida house has been on the market for a month or more and you have had little activity, consider the 30-10-1 rule [on the market for 30 days, less than 10 showings and not even one offer, then the price is not right].

If you are considering selling your Viera, Suntree and Rockledge home, call me to discuss how I can work for you. Call me directly at 321-693-3850 or email me.

Gary L. Waters, PLLC, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving buyers and sellers in Brevard County, Florida.

Follow by Email