News & Tips

Hot tip

When selling your home, you may need to
adjust your listing price if the market is continuously changing. When a home initially
attracts a great deal of attention but then no
offers are made, your agent should find out why
prospective buyers did not make offers. If the
response is that the price is too high, consider
making an adjustment.
Before you adjust your list price, ask your agent to provide you with information about the most recent listing and sales activity of homes
similar to yours. Find out what other homes are
on the market and how much these properties cost.
Investigate the overall market conditions. Find
out if interest rates or consumer confidence has
changed. Keep in mind that a lower price may attract
more than one offer for your home. In that case, the bidding can increase the
value.