Gayle's Blog

head_left_image

Underprice and Overimprove - Sold in 2 weeks with 4 offers ! Sound good ?

Thanks to Christopher and Stephanie Somers of Philadelphia, PA for the great ideas. 
To find out what's going on in the Monroe/West Monroe, LA real estate market, call or email me. I'm here to help.
Gayle Causey
318-614-5615
Keller Williams Realty
Monroe, LA USA
Find your house with your mouse: http://WestMonroeRealEstate.com

Via Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate :

Stragetize to sell your property at Full Price and to sell within 2 to 3 Weeks !

Multiple Offers

After listing a property that has been on the market for less than 2 weeks, today we met with our seller to go over 4 offers in writing. Each of the buyer agents were given a chance to come back with their highest and best offer.  The offer that was accepted ended up being a full price offer with a settlement timeframe of less than 4 weeks !

No, this was not an investment property.  All four deals were for homewoners.  All four deals had FHA mortgages. 

The two key items that lead us to this point are:

1.   Aggressive Pricing

2.   A Great Product

Aggressive pricing - In speaking with our client, we recommended pricing the property 5 percent below the other properties that are on the market.  Further, the pricing allowed for a buyer to feel good about getting a deal as the listing price was a little BELOW what the others have sold for recently !

A Great Product - The seller took the time to stage the property, had it cleaned thoroughly, and did landscaping out front.  This allowed for great photos and a great first impression as soon as the buyer's walked through the door.

So with all the doom and gloom that we hear everyday, I share this story which is not an uncomon story for us with the right strategy to get a property sold quickly at full price or greater.  

Has this happened to you recently ?

Philadelphia Real Estate

Philadelphia Real Estate Blog

Gayle Causey, GRI, ePRO
Direct: 318-614-5615
REALTOR, Relocation Specialist
Find your house with your mouse: http://WestMornoeRealEstate or http://GayleCausey.com

Keller Williams Realty Parishwide Partners
1390 Hudson Lane, Monroe, LA USA 318-812-SOLD

Each office independently owned & operated. We Support Equal Housing Opportunity.

0 commentsGayle Causey • October 06 2008 11:35AM

Comments

Participate



(optional)
What does the graphic say?