Signs That You Are Asking Too Much
Pricing your house rightly is of foremost importance. Generally, an overpriced house is not likely to get offers in the first place.
Overpricing has a drastic effect on your bid to sell a house. At the end, even if you get offers, you may end up getting lower than what you expected.
The sooner you realize that the pricing is not justified the better it would be to rectify the mistake. And, you can amend the right pricing and sell your house soon.
Following are the signs which will tell whether you are expecting too much from potential buyers.
Your Price Is Higher That That Is Of Your Neighbors’
In most of the neighborhoods, the values of sellable houses are usually closer. If you raise the bar by asking for $100,000 more than the other houses in the neighborhood, then you are definitely on the wrong page.
Less Showing
At the first phase of selling a house you feel excited. Advertise showing your house pops up on the internet, only to add another string to your level of delight. However, as days go by, there is only a couple or, at worst, zero showing!
And all of a sudden, disappointment replaces all the excitements you were felling previously. This is an apparent indicator of mispricing a house for sale. Once you are aware of this, adjust the pricing without any further delay.
You Haven’t Received Any Offer Yet
You can expect an offer or two within 2-3 weeks of listing your house; only if you priced it properly. If this happens to be the other way around, perhaps you have to rethink about the price.
If there is a sudden rush of house shoppers in your neighborhood, you should get an offer in a couple of days!
Neighbors’ Houses Are Selling, But Not Yours!
There cannot be anything more disappointing than seeing your neighbors’ houses selling, when you are still awaiting an offer. In reality, there are lots of factors determining the sale of your house, which you need to consider.
You Hired The Agent Who Is Asking For A Much Higher Price
In today’s competitive real estate market, the number of realtors is as large as the market itself. So, to weed out the bad ones, you have to be prepared well-ahead of any planned interviews.
As a simple rule: don’t fall for the agent who is making you dream of a price well above the the average. Be practical in your approach, and do not forget to select the right person for the job.