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Good Advice for Sellers of Land or Homes in Fredericksburg Texas (and everywhere else, too)
If you are the seller, time works against you. The longer your house or land is on the market, the less you will receive when it is eventually sold. So, the best way to get the highest price is to attract showings so that buyer demand will be great enough to generate an offer before your property becomes market weary. Here are some of the reasons time works against you:
It's Old News
Listings that sit around for awhile are no longer exciting. People like to think they are making a smart real estate purchase. When they hear that a certain property has not been snapped up by any other buyer for some time, they lose interest and feel maybe they have no reason to be interested either.
Something Wrong?
Some buyers may suspect that there is something wrong with a house or acreage that doesn't sell in a reasonable period of time. If they do come to see the house, they may have the wrong mindset which asks the questions, "What is wrong with this house or land? Why hasn't it been sold yet?". This is particularly damaging to the seller when the property is in very good condition, but is merely overpriced.
Can I Steal It?
Another consequence of being on the market for a prolonged period is the fact that some buyers may have an interest in the house only because they think they can steal it from an over-anxious homeowner who is becoming desperate to get their house or land sold.
ADVICE: As tempting as it is to overprice your house or land at the outset, remember that there are consequences that may prevent you from getting the best possible sale price. Listen to a REALTOR's recommendation and take it seriously.
Sincerely,
Brett A. Bruster, MBA, e-PRO
Realtor Associate
CC Herber Co., Real Estate
145 E. Main St.
Fredericksburg, TX. 78624
Brett@brettbruster.com
(830)997-4323 Office
(830)997-8258 Home
(830)456-6243 Cell
Please visit the website of my broker.
For more information about Fredericksburg and real estate, visit our Frequently Asked Questions or Links page.
