wanted to make in the first place. However, conditions must be ripe for this kind of arrangement to work. Well-laid-out and professional plans are also crucial to this maneuver’s success. On the other hand, when a home is priced far below market value, potential buyers are left feeling as though there’s some hidden, ominous fault with the property—even if there isn’t. That kind of mentality can leave a home hung out to dry, which wastes valuable time. The longer a property stays on the market, the less money sellers are likely to make. DANGER ZONE #2: Pricing Above Value Pricing too high, obviously, leaves your home sitting stagnant while all your neighbors’ homes are snatched off the market. Why would anyone purchase your home if one very similar is priced thousands lower nearby? Common sense says that your home isn’t going anywhere anytime soon. Now you’re playing the waiting game while your peak selling time is slowly dwindling away. These dangers are the reasons that getting an accurate price on your home from the get-go is
126
Powered by FlippingBook