Article - Reasons To Price Your Home Realistically authored by Scott Williams

Republished by National Realtors Directory Not part of or affiliated with the National Association Of Realtors. According to the NAR only real estate brokers and agents that are members of the NAR are allowed to use the title Realtor. The following article Reasons To Price Your Home Realistically was authored by Scott Williams and is republished in this directory with the author's permission. These articles are published as an information source for real property owners, buyers, sellers, investors and brokers. Reasons To Price Your Home Realistically by: Scott Williams Reasons To Price Your Home Realistically TIME: Chances are that your home will sell at its fair market value. Pricing it realistically at the outset simply increases the likelihood for a timely sale with less inconvenience and greater monetary return. COMPETITION: Buyers educate themselves by viewing many homes. They know what a fair price is. If your home is not competitive in value with those they have seen, it will not sell. Buyers typically look at homes within 10%-15% of their desired price range. If your home is not priced within the correct range, it very likely will not be exposed to its potential or targeted buyers. REPUTATION: Overpricing causes most homes to remain on the market too long. Buyers, aware of long exposure period, are often hesitant to make an offer because they fear “something is wrong” with the house. Often homes on the market for a long time eventually sell for less that their fair market value. INCONVENIENCE: If overpricing keeps your home from selling promptly, you can end up owning two homes- the on you’ve already purchased and the one you’re trying to sell. This can prove costly and worrisome, as well as inconvenient. Scott Williams has been involved in the real estate industry since 1977. By 1981 he rocketed to become the number one Santa Barbara agent in an organization with more than 200 agents. He has achieved the annual number one status in his office 14 times. Prior to entering real estate Scott graduated from UCSB. He has two children and mentors in the “Fighting Back” program. He is a Certified Residential Specialist (CRS), a Graduate of the Realtor’s Institute (GRI), and teaches real estate courses for Santa Barbara Community College. Mr. Williams can be contacted at http://www.scottwilliams.com This article was posted on January 25, 2005 This article is the property of and published with the permission of Scott Williams. For more information regarding the author or to contact the author visit his website at http://www.scottwilliams.com For more information and articles on real estate see National Realtors Directory - Real Estate Articles or for other real property information and articles see National Realtors Directory. Realtors, real estate brokers, agents and sales people, if you would like to submit an article, please go to the submit articles link below. This link is for real estate professionals only. The opinions, statements and information contained and expressed in the foregoing article are solely those of the author. No position for or against, agreeing with or disagreeing with anything contained in said article is taken by National Realtors Directory.com We do not assume or accept any liability for the use of the information contained herein. This article is published solely as a service to real property owners, buyers, sellers, investors and real estate brokers, agents and sales people. Anyone who does not accept this disclaimer is not authorised to read or use this article in any way. submit your site   submit articles   submit news or press reports   submit testimonials    realtor directory home   report bad links   contact us    Page Set Up © Copyright 2004 National Realtors Directory, a national directory of realtors, real estate agents, brokers and sales people. All Rights Reserved Worldwide.