Is Your House Priced To Sell Immediately (PTSI)?

In today’s real estate market, with more houses coming tomarket every day and eager buyers searching for their dream home,setting the right price for your house is one of the most importantthings you can do.

Accordingto CoreLogic’s latest Home PriceIndex, home values have risen at over 6% ayear over the past two years, but have started to slow to 4.4% overthe last 12 months. By this time nextyear, CoreLogic predicts that home values willbe 4.6% higher.

With prices slowing from their previous pace, homeowners mustrealize that pricing their homes a little OVER market value toleave room for negotiation will actually dramatically decrease thenumber of buyers who will see their listing! (see thechart below). 

Instead of the seller tryingto ‘win’ the negotiation with onebuyer, they should price their house so that demand for the home ismaximized. By doing so, the seller will not be negotiating with abuyer over the price, but will instead have multiple buyerscompeting with each other over the house.

The key to selling your house in 2019 is making sure your houseis Priced To Sell Immediately (PTSI)! Thatway, your home will be seen by the most buyers and will sell at agreat price before more competition comes to market!

Bottom Line

If you are debating listing your house for sale, let’s gettogether to discuss how to price your home appropriately for ourarea and maximize your exposure this Spring Market!