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Bill Sidner Tidbit: |
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Contact Bill: |
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Professional appraisers sum up their entire body of knowledge in three
words - "Buyers Make Value." Your home is worth as much as some
member of the buying public will come forth and pay for it.
After it's been on the market for months, you've been given a clear message
that the property may not be worth what you're asking for it. This is
particularly true if there haven't been many prospects coming to see it.
What you do at that point depends on whether you really need to sell,
and whether you're working with a time limit. If you're not really motivated
to move soon, you can always wait - years if necessary - and hope inflation
will catch up with the price you want.
The problem is that in that time, your home begins to feel shopworn.
Buyers become suspicious of a house that's been for sale for a long time.
If, however, you really do need to sell, discuss with Bill a schedule
for dropping your price gradually until you find a level that attracts
buyers. There's no point in saying, "We simply can't sell our house."
Anything will sell if the price is right.
Next>> Marketing Your Home:
Buying Another Home?
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Setting Your List Price