Setting the right list price is important, even in a competitive market

August 16, 2018

New listings, especially in a tight real estate market, get a lot of attention when they first become available. Showings start happening immediately, buyers are excited. This is the time to make a good first impression with a right price and a quick sale.

  • The right price may actually attract multiple offers, driving the price up FOR you.
  • If your property is overpriced, other listings look like a better deal.
  • If your property is overpriced, it may not attract offers or second showings.
  • If your property sits on the market with inactivity, eventually a price reduction should be in order.

 

Bottom line: Proper pricing as a new listing is crucial, EVEN IN A HOT MARKET. You have got to take advantage of the initial marketing momentum. Talk to a First Weber agent in your area and go over recent comparable sales for properties like yours.

Set your price with a sale in mind!  Take a look at your competition for sale at firstweber.com and you can see sold property data as well.

First Weber sells real estate throughout Wisconsin: Metro Milwaukee and Southeastern WI, South Central Wisconsin, Southwest Wisconsin, Western WI, Central Wisconsin, Northeast Wisconsin and Wisconsin’s great Northwoods. You can start searching for Wisconsin real estate and Wisconsin real estate agents at firstweber.com

Thanks for reading the First Weber Wisconsin real estate & Wisconsin living blog.

Subscribe via email for blog updates

Archives