Priced to Sell
There can be risks to overpricing your home that you need to consider:
- TAKING LONGER TO SELL – Houses priced above fair market value take longer to sell. Pricing your property competitively will help your property sell in the shortest time possible and avoid increasing prolonged days on market – which means a lot of lost revenue while the house sits idle on the market.
- MISSING INITIAL SELLING ACTIVITY – The best time to capture a buyer is in the first weeks when sale professionals and buyer interest is the highest. Advertising and other marketing efforts can be neutralized. Marketing time becomes prolonged and initial marketing momentum is lost.
140 N. Montezuma Street
Prescott, AZ 86301
Cell: (928) 308-5086
Why Choose HomeSmart?
To start the year, housing experts all agreed on one thing: 2017 was going to be the year we would see mortgage interest rates begin to rise. After years of historically low rates, and an improving economy, the question wasn’t if they would increase but instead how much they would increase. Some thought we could see rates hit 5-5.5% by the end of the year. However, the exact opposite has happened. Instead of higher rates as we head into the middle of 2017, we now have the lowest rates of the year (as reported by Freddie Mac).