As we move further into our spring market, inventory is moving right along with it. What do sellers, in particular, need to know about our current conditions?
Buying a Jonesboro home? Get a Full Home Search
Buying a Jonesboro home? Get a Full Home Search
Selling your Jonesboro home? Get a Free Home Price Evaluation
Now that we’re four months into the year, the grass is beginning to green and the trees and flowers are blossoming all around, and those looking to position themselves in our market want to know its current state.
Despite all the for-sale signs that might suggest otherwise, inventory is moving right now and good listings aren’t staying on the market for long. Properties that are presented as clean, well kept, and at a price in line with the market are selling in a hurry.
Given these conditions, a home that remains on the market anywhere from six months to a year probably has an issue that’s preventing it from selling at the same speed as most of our inventory—incorrect price tends to be the main culprit.
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Ultimately, your pricing strategy will be the difference between your property moving or not.
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Ultimately, your pricing strategy will be the difference between your property moving or not.
Sellers are in a position to earn top dollar on their home sale, but if you’re looking to sell, you’ll need to price within market parameters so as to not price yourself out of the market. With that in mind, your initial list price is really just a starting point to build on.
As a case in point, we sold a few properties over list price in the past month because we came up with an aggressive pricing strategy for each, which gave rise to multiple offers. Ultimately, this indicates that your pricing strategy will be the difference between your property moving or not.
Finally, now is as good a time as any to remind you that our next client appreciation event is just days away! It’ll be on Thursday, May 16, from 11 a.m. to 2 p.m. right here at our office at 2408 Phillips Drive, and a meal will be provided. Past, present, and future clients are all welcome to attend!
Thanks to your love, support, and business, the Business Digest listed us as the No. 2 sales team in all of Arkansas for the fourth consecutive year, so we just want to extend this gesture of gratitude and appreciation to each and every one of you!
If you have any questions in the meantime, don’t hesitate to let us know. Otherwise, we hope to talk to you soon and see you at our event!
