As a pricing specialist, I tend to be very direct with my sellers.
I have a very agressive, comprehensive marketing plan to help my sellers get their homes under contract as fast as the market will allow.
At each listing consultation appointment, I discuss market trends, recent neighborhood sales, and the nearby homes currently on the market.
My job is to assist my sellers in determining the best possible price to list their home to sell within the 1st 30 days, as well as keep them informed regarding the sellers they are competing against.
Buyers have a wealth of information available, and easy access to view the thousands of homes currently available on the market.
They are well informed, and can spot a good deal when one presents itself.
Homes priced properly attract a lot of showings very quickly.
Over priced homes get very little activity, and will likely expire unsold after a 6 month listing contract.
In January 2010 , many home owners “resolved” to sell their homes this year.
Many priced their homes too high, and those listings will expire in July.
Those that choose to put their homes back on the market will likely reduce their prices in a more aggressive approach to selling their homes.
I have advised my sellers my opinion that in these final days of June they should be aggressive to get ahead ahead of the curve.
For many, there are certain tax advantages for capital gains, and estate taxes that are expiring at the end of 2010.
For the small group of home owners that are considering an increase in their listing price, I wish them luck, but feel they are wasting their time.
For these reasons, I believe that its a great time to sell.
Waiting may very well make a bad situation worse.