In our previous commentary we talked about what’s happening in the Real Estate Market. Not to be forgotten is all real estate markets are local. What’s happening in the Cleveland market isn’t the same as our’s the Raleigh area.

Now not to be discouraged, there is a solution to the madness; and believe it or not, there is a pricing strategy that works almost every time to get homes sold fast at a great price… and that is to price your home low and the the demand the low price creates raise the final selling price.

If you’re observant, you” notice that foreclosures are getting a lot of buyer activity..now why is that?

It’s simply because buyers view them as a deal; and as one person put, if they think they buy one, they’ll pay a wholesale price rather than a retail price..even if such is not the case.

Price your home like the banks do( 5-10 percent below everyone else) and get the demand o drive the your price up.  If you don’t, you’ll be taking your chances with everyone else and will most likely sell your home for 5-10% below market value anyway, because almost every buyer is low-balling prices.

Tags: raleigh foreclosures, Raleigh Homes, Raleigh Real Estate, Selling my home, Selling Your Home

This entry was posted on Thursday, March 17th, 2011 at 11:45 am and is filed under Raleigh Homes For Sale, Raleigh Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.