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Real Estate Tips
Pricing >The Asking Price

Picture this...

Your house has been on the market for four weeks. There have been a lot of showings but no offers, so you are wondering if you should consider a price reduction. You want to get as much as you can for your home, but more importantly you want it to sell!

This may be the time to have a frank discussion with your real estate agent. While price may be a major factor, it may not be the only consideration. Are you making your house easy for agents to show? Have you completed the necessary maintenance and cleaning so that your property is as appealing as possible? Review with your agent the current market conditions and the prices of other homes in your neighborhood before determining that a price reduction is in order.

Even though your price may be competitive, the marketplace may be telling you that buyers just won't pay what you would like to get. If all indicators point to a price reduction, it is better to do it sooner rather than later.

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Real Estate Trivia
Q 
What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?

A 
Conventional mortgages are private sector transactions that are not insured or guaranteed by the government.
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The Les Walden Real Estate Team, REALTOR®, real estate agent and broker for Clemson, Seneca and Lake Keowee, South Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Les Walden
Les Walden Real Estate

10700 Clemson Blvd.
Seneca, SC 29678
864-985-1234
Fax: 864-882-4755
leswalden@NUMBER1EXPERT.Com


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