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Client service is a core value. Peter delivers pro-active follow-up, immaculate execution, and real field experience that comes with a boutique level of service included. Every step is considered with long term client satisfaction as a core value. The opportunity to build a lifetime of trust with someone, is greater than the value of any transaction. Repeat business is the lifeblood of a great real estate practice.
Creative marketing that makes your home stand-out from other listings competing for buyers’ attention in today’s online marketplace. Creativity is a core value. It’s where real estate agency meets advertising agency. Achieving heavy online traffic, and bring as many qualified buyers through the door as possible by design. That’s important to every seller. It leads to the highest sales price and the most solid deal.
Pricing strategically is among the most important aspects of selling your home. We will show you up-to-the-minute research, explain the recent market trends, and may present a few different approaches to setting the right go-to-market price for it. An honest assessment of your home’s value, that’s based on data, is a core value that crucially informs your pricing decision.
What’s the best pricing strategy? It’s one that brings in a stream of buyers and bona fide offers. They want the right home, but fear overpaying for it. Pricing correctly is the single most important decision every seller makes with their broker. Peak customer traffic happens at about two weeks out; and by week five, you have probably met most of the buyers interested at your price point. That’s when the most seasoned and ready buyers will show up.. Did you get any offers? Here are some thoughts about pricing strategies to consider. You can learn more about the correct asking price of your home by booking a free listing consultation.
Seller offers a fair deal: Meeting the market at a price close to recent comparable sales is a strategy based on the data, and never wrong. A seller who prices at fair value sets the stage for a fair deal, and does no harm. Buyers actively searching often have an excellent overview of the market. You’ll get offers based on a buyer’s real-time comparison with other competing listings. Overpricing is the surest way to send buyers to competing listings first. You want to be on everyone’s short list.
Seller invites negotiation: Pricing slightly above market value and leaving some room to negotiate down. No one offers asking price, right? It’s not true. Just ask the buyer who lost a deal on the home they really wanted. Serious buyers know the market, and are willing to pay fairly for your property. We want to attract buyers, not send them to competing listings first. Your price going down is the wrong direction too. Time on-market will be longer, and sellers can risk their listing going stale, and needing a more severe price reduction. That is not the experience our clients want.
Seller invites competition: Pricing at ever so slightly slightly below market value gets your home on every buyer’s checklist of must see properties. This is a high-traffic approach that endeavors to chase the market up, not down. Your selling price should be at least as good or higher than any other strategy. It creates momentum and a solid deal—especially important if you have your eye on a new home to buy, and need to sell to make that purchase.
Coop pricing: The highest price may not always be the best offer. We carefully vet all buyers, but in the case of a NYC coop, it’s best to use a strategy that generates good offers, from a choice of strong candidates. The best deals are the ones that pass the Coop Board. A turndown is a devastating event that could have consequences on your ability to close on the property you are relocating to, and certainly a disappointment for all involved.
Are you downsizing or looking for room to grow? Are you purchasing for the first time or the fifth? Do you need to buy and sell simultaneously? Client service starts with listening carefully to your goals during our listing consultation. Every home and every client is unique. Over the years, we’ve learned that there are several core values of service which all of our clients want.
Peter will…
We sell real estate, never your private data
Get an instant home value estimate, and subscribe for monthly reports which track your home’s equity in real time. This is a data driven Automated Valuation Model (AVM) . Think the AVM is off? Let us know, and we’ll help fine tune it. Thinking about selling? Request an onsite visit for a pinpoint accurate Comparative Market Analysis (CMA). It’s a free consultation. Learn more about the importance of proper pricing ▸
A good general timeframe to expect when selling your home is about six months, but can take less or longer depending upon market conditions. There are often a few moving parts to consider. How does the timeline align with selling your current place, or ending your lease? How much is your home worth? Should you fix it up before selling? It’s a complex transaction. Talk to us for the answers. Here is an idea of what it looks like step-by-step.
Peter provides a free Comparative Market Price Analysis (CMA) of your home’s value without cost or obligation—just ask. You can take the first step right now by booking a free, no-obligation consultation to have your questions answered using the button below. If appropriate, we will set-up an on-site visit to fine tune pricing, create a marketing plan, and become your partners in writing the next chapter.
Licensed Associate Real Estate Broker
Licensed Associate Real Estate Broker
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