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In the real estate world, a large group of people are looking to buy homes at any given time. These are the seller's best prospects. This ready group of buyers is wasted, however, if your house is overpriced.
People who have been shopping around and are accustomed to comparing properties will probably refuse to look at your home with an unrealistic price tag. You and your real estate agent may know that you would sell for $10,000 less, but the buyers do not know this. As a result, your overpriced property receives little attention.
Don't be fooled into thinking that your house is worth more than someone is willing to pay for it, or that it's just a matter of waiting for the "right" buyer to show up. Surveys show that the longer a house is on the market before being sold, the greater the drop in price from the listing price when it does sell. The buying public eventually sets an accurate price. An overpriced house just sits on the market, waiting for a price adjustment before it will attract a buyer.
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What famous person said this? "Real Estate is the best investment in the world because it is the only thing they're not making anymore!"
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Will Rogers, who began his career as a rope-throwing cowboy and later became a famous stage and film star. |
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R. Ashley Brunner Prudential Lancaster Real Estate 100 Foxshire Drive Lancaster PA, 17601 Office: 717-291-9212 Fax: 717-393-2336 Ashley Brunner Cell: 717-380-4212 Ron Burkhart Cell: 717-283-8356 Sharon Burkhart Cell: 717-283-8355 Email: info@BrunnerBurkhart.com Ashley: Ashley@BrunnerBurkhart.com Ron: Ron@BrunnerBurkhart.com
As established top producing agents, Ashley Brunner and Ron & Sharon Burkhart bring 19 years of real estate experience to the Brunner Burkhart Group. Each prides the Brunner Burkhart Group on continuing to work to help people achieve their Real Estate goals. 
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