More on Pricing Your Home to SELL - Not to Sit on the Market

What are the 3 most important things to consider when getting ready to sell your Palm Beach real estate?

Pricing,

Pricing

and, as you might guess-

It is true that location, condition, etc. all count - but if your real estate is over-priced you will be waiting a very long time for a closing - and that will most likely only be after several price reductions.

Any of you that follow my posts will realize that Ive said this many times already - but people continue to shoot for the stars only to be very disappointed! If you start with a realistic price you will already be one-up on your competition.

The pricing problems are not just with Palm Beach real estate - its unfortunate but MANY areas are facing this same problem.

Take Bonita Springs for instance.

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Recently a friend and associate of mine - Chris Griffith - wrote an article in her local newspaper and on her blog that went over the effects of over-pricing property.

Was she right? Absolutely.

Was she given an absolute TON of grief (I’m being polite) for publishing her views? Absolutely.

If you disagree with someone, that’s fine - but some of the dissenting comments she received were beyond asinine. Someone even took out a full-page ad to personally bash her & her opinions, I think that comes under the heading of ˜PATHETIC”.

I urge you to check her article and let me know what you think-

It comes down to a very simple point: If something is over-priced, it won’t sell.

It does not require a PhD to realize that!

http://www.palmbeachrealestateandloans.com/002CFC

Posted on April 21, 2008 13:45:37 by marcblasi

Posted in Palm Beach, Selling, Seller Tips, Good Realtors, Florida Realtors

Comment from: Ines [Visitor]

· http://www.Miamism.com

Marc - I just finished reading the 1/4 page ad last night and it reads like a defensive developer trying to find excuses. It’s amazing what lengths some people will go but in this particular case, it makes Chris look great.

We, as Realtors are always blamed for inflating prices and creating a false sense of the real estate market. When we see one Realtor being honest about current market conditions, it’s bound to raise some eyebrows. Good for Chris for telling it like it is and informing the public……and that developer sure gave her some great advertising.

Permalink April 21, 2008 23:23:55

Comment from: Sarah Cooper [Visitor]

· http://theputnamscoop.com

You are completely right and might I say, 100% fabulous. :)

Permalink April 22, 2008 08:16:28

Comment from: Bob Carney [Visitor]

· http://focusonfrederick.com

Doctor Marc…I am going to agree with your observations. Asinine

It’s OK to disagree…you don’t have to attack.

Permalink April 22, 2008 08:20:59

Comment from: Marc Blasi [Member]

Ines, Sarah, Bob - thanks for commenting - I’ve gotten nailed for my opinions on overpricing too, but nothing to the extent that Chris did. You’re right Bob, disagreeing in one thing, attacks are another story completely.

People expect and deserve the truth - a lot of them just don’t want to hear it.

Permalink April 22, 2008 11:40:40

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