Are Buyers Telling You You Are Over Priced?

The market is a great equalizer.  Although emotions come into play during the actual sale of a home, there is very little emotion when buyers are just looking at homes.  After all, they probably have many to look at and choose from so your house is just one they are looking at.

Your home is your pride and joy and, of course, you want the most for it that you can get.  The buyers on the other hand want to pay the least, but generally buyers and sellers want fair pricing.  If your home has been on the market for several weeks or even months, the market is telling you something.

There are only so many things you can feasibly change about your home.  You can clean, paint, redecorate and have it staged.  There are some things you can't change, like location and style. Assuming you have made your home as attractive as it can be and there are still no offers, the market is telling you something.

Here is an article by G. M. Flisko from House Logic about changing your home price that explains many of these points and adds a few.  It is good reading. Click Here