Pricing Your Home - Delaware Valley Real Estate
Timing Matters: The First Three Weeks are the Most Crucial
"Observe due measure, for timing is in all things the most important factor." ~ Hesiod
Sales activity has a life of its own. And it's predictable. Most homes just on the market generate a kind of immediate "buzz" and interest that excites agents and bring in prospects. And, while there's generally a six week window of opportunity to maximize exposure to potential buyers (and their agents), the first three weeks are the most crucial. As you can see, there's a dramatic rise the first week, but activity begins to fall off after the second week.
What this means to you as a home seller is that you must hit the ground running - with the right price in place. The price may be the single greatest determinant in a successful sale. But, of course it's not the only one. Price should be placed in the context of marketing and other activity. The key is to set the right price from the start and front-load the sales and marketing effort.
Thinking of Selling Your Home? Get more information here: Get It SOLD, Not Just Listed! Also, for more information on effective pricing strategies, please visit Pricing Your Home to Sell and feel free to contact me.
Find Out Your HOME'S VALUE!
Letitia Stevenson, REALTOR® | Licensed in DE, PA & MD |
Berkshire Hathaway HomeServices Fox & Roach, REALTORS®
(Formerly Prudential Fox & Roach, REALTORS®)
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