Selling Your Retrofited Home

You've completed your remodel, fresh with new tile, siding, windows, etc. - everything a potential homeowner could want. It's priced high; but it's worth every penny and then some. Heck, market prices don't rise unless homes set a new market...and your house is every bit above and beyond the rest.

WAKE UP.

You must also realize that the market may NOT be ready to be increased and new pricing set. HZG believes it is OK to go and attempt to set the market by listing at a high price - you just may get it. You must also know that if you're not getting the showings or the offers, it may just be time to lower the price.

It doesn't need to be lowered dramatically (unless you were stupid high...I've seen that). A $5,000 reduction may just be the ticket. Real Estate agents, when pulling listings for their buyers, typically pull at "magical numbers". This means "up to", such as $100,000 to $180,000. Say your house is listed at $184,900. "Your house is listed at $184,900." OK, that was me being a smart ass. A $5,000 reduction brings the price to $179,900 - and into a new range of listings being pulled.

Some believe that you should set the price for a quick sale, so that your money can be turned quicker and you stop interest, utility and maintenance fees. Some believe you should hold out for top dollar, for top dollar will cover those fees and make up for the lost cash time. HZG believes in the middle ground - set it high, adjust it quickly.