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What Does It Take To Sell Your
Phoenix Home in Arizona real estate?
Is your Phoenix home for sale? Why do some Phoenix Real Estate
homes get sold in such a short amount of time? Better yet, why can an Arizona
home, even in this hot Arizona Real Estate market still sitting on the market
without an offer for months? The answers are two simple reasons: either the
price is not right or and/or the marketing of your Metro Phoenix home is
insufficient for the area in which you live.
When all is said and done, after the painting, staging, open
houses, and other marketing efforts, if an Arizona home hasn't sold, it's
because of one thing- the asking price and/or the marketing of the property.
How are some Arizona homes priced poorly the Phoenix home
market? Often, real estate agents competing with one another pump the stats and
the price to get the listing, figuring they can get a series of sales price
reductions later until it sells (this is referred to as "buying a listing").
Sometimes, owners get a bit greedy and allow hope of a higher sale overcome
reason. Some sellers decide that it is O.K. to list high, thinking that prices
are rising and the market will catch up with their own Phoenix real estate.
What they do not take into account is the "attention factor".
In this booming Phoenix real estate market, new listings get
most of the attention. Meaning, if a Phoenix home does not sell in the first
few weeks, realtors no longer pay attention to it, deducing that something must
be wrong with the property. At that point, the price must sometimes be
substantially reduced to get the house sold.
There are three steps to setting the price for your Phoenix
real estate. Determine your urgency to sell- the higher the urgency, the more
competitive the pricing. Then take a hard look at recent sales in your
neighborhood. This is called a competitive market analysis, or "CMA", which
your Phoenix real estate agent can provide for you. Choose 4-6 homes most like
yours, paying particular attention to those that have offers pending and resent
sold information. The final factor in pricing your Phoenix home is its living
features as they compare to the rest of your neighborhood.
The most important consideration, for selling your Arizona Real
Estate and Phoenix home, after pricing, is the exposure it receives in the
marketplace. We utilize state-of-the-art Internet marketing trends and
technology that will get your home for sale in Arizona in front of more
potential buyers. Contact us about our programs for selling your Arizona home
quickly on the Internet by filling out the form below.
If you have any suggestions that you would like to see as part
of your community area of Phoenix Arizona Real Estate please do not hesitate to
write
Thank you,
Noah Gamer
Property Information
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