Friday 19 February 2016

Why you’re home selling price never works out the way you plan?

Selling your house for a right price is an uphill task, most of the seller’s decide the selling price by themselves. However they end up selling at far less than what they have in mind.This happens due to fact that selling house at right price is an art. It requires methodical approach and certain skills. Overpricing is one of the key reasons why may DIY sellers fail to sell their house.

Only experienced and professional listing agents like Dream Equities possess such methodical approach and skills. Although almost 90% of the sellers hire a listing agent, they make a common mistake of hiring a listing agent that promises to sell your house at highest price.


 It is only natural that a seller wants maximum return on his biggest investment however overpriced properties sit on pending sales list way too long. Dream Equity has to turn many such clients insisting on selling their property at overpriced rate because it is impossible to sell overpriced homes even in most volatile housing market. A good listing agent is not particularly fond of long pending sales list.

Listing agents that promise to sell your home at highest price are not just fooling you but they are fooling themselves too.  No buyer will have a second glance at your house if it’s overpriced. Why most of the real estate agents promise you to sell your house at the highest price? Simple, many listing agents will distort truth to get listings. However there are listing agents like Dream Equities that will tell you the right price for your property with supporting documents but they are a rare breed.


That said, it is better to ask your agent to support the suggested list price. Alternatively you can also view listings in same categories from different listing agents and take a pick at comparable sales, pending sales and active sales before selecting a listing agent.


The best time for an offer is within the first 30 days on market. If the home is priced right, you'll get an offer within 30 days; this is the best way to know if your price is right.Most of Dream Equity’s clients get the first offer within 30 days. Overpriced house will not get any showings at all so you will reduce your price, leaving everyone wondering what's wrong with your house.

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