Posts Tagged ‘priced to sell’

It’s 4pm???

Monday, July 13th, 2009

joesroom

Okay so I just realized it is 4pm and I have not even taken a shower yet.  This is why all office days need to occur at either Panera (hello pastries) or the Library.  It is very rare this happens but I had so much to do I hopped right on my computer this morning.  Okay, okay I also took Steve down to Massachusetts so he could leave for the week but whatever. Of course, I really want to be next to the pool with a Pina Colada in my hand but I will save that for another day.

This day has been crazy, I have been on the phone all day signing up very excited people for my class.  It is so cool hearing how enthusiastic people are to take this class.  I am so flattered!!  The good news is that I have been teaching it for three years so I know people get a lot out of it and that it is a lot of fun.  So I guess I can skip the nervous feelings.

I have also been busy shopping online for furniture for this Jamaica Plain job I need to get a quote out for.  The living space near the kitchen is small but overall super cute so I need something that is just right.  I really cannot wait to see this unit when it is finished!!!

So what else is left to do?  Oh, just email the Hippo paper to see if they can include the class in their weekly announcements, follow up with those developers I met last Friday, call back a client that requested information via the website, follow up with a girl from my networking group about a project in Bow she is having me help her with, finalize an appointment for this week for a reshuffle of a 3600sq ft home in Bedford, and find something interesting to post on Twitter.  So far I have only posted this song I am listening to and a blurb about my blog.  Not really a value for the people following me.  Sorry!

Tomorrow is the Broker Open house for that cute house on Back River Road I staged.  It is 11:30am -1pm at 94 Back River Road in Bedford NH.  Lunch from Panera (shocker right?  But really, that was not my idea).  Stop by if you are in the area, this house is great for the price point and for little money gets you into Bedford.

A High Price to Pay

Monday, June 22nd, 2009

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There are two major things home owners need to keep in mind when attempting to sell their homes. The first one is to not be so eager to get your house off the market that you over price it entirely, causing it to not only spend more time out there, but in essence, create more appeal for your competition. Home buyers may pass it by completely for something more affordable. Pricing too high will pigeon hole your listing into a category that excludes potential buyers, especially for online searches, where home buyers select specifics for a home, including the price range. Why would a buyer consider your home over a similar one in the same area that is listed fifty thousand dollars less?

Two major disadvantages face the seller by doing this. First, buyers will not want to pay the asking price, so their offers will come in low. Second, by initially pricing your home high may eventually cause you to have to drastically reduce it later. This causes the seller to lose their initial advantage and create more time that their house has been on the market.

The other major element to consider is, of course, staging. More than ever it is difficult to determine what will sell and what will sit. It is imperative to know what will sell. Home owners can take the first steps to preparing their homes by completing unfinished projects and fixing broken or old things in the home, but other than that they should take the time to consult with a professional home stager for the rest. Home stagers help the sale on so many levels. They help to depersonalize the home, remove access clutter, help individual rooms complement each other, prioritize accessories, and utilize a confusing or odd layout. Most importantly, they enhance the listing photos.

Homes that sit on the market are primarily due to home sellers who do not implement all the right marketing strategies in the beginning. Strategies that will produce appeal right away, rather than decreasing the asking price and advantage in the end.