SlideShare une entreprise Scribd logo
1  sur  9
Télécharger pour lire hors ligne
STEPS TO SUCCESS
For Selling Your Home
Introduction

1 - We are interviewing you as much as you are interviewing us.
Only if we can work together well, will we be able to guide you
throughout this extensive process to help you sell your home in the
quickest time possible and at the highest price.
2 - We are not going to simply promise marketing genius and brag about ourselves,
instead we will show you just how we will be your resourceful guide helping you
through one of the most important processes of your life.
3 - We want you to know WHAT we are doing for you, WHEN and WHY.
The Risks of Pricing Too High

Selling Your Home
In 7 Steps
Step 2
Develop Pricing Strategy

www.ab-lux.com

If you price your home at “Fair Market Value” you will see good activity and a good
amount of buyer interest. The higher you go above Fair Market Value to “Test the Market”
the less showings you will have. If you get really aggressive and price below Fair Market
Value, you will get an increase in showings, and may end up receiving multiple offers with
buyers trying to outbid each other for your home.

An asking price that is beyond market range
can adversely affect the marketing of a property.
The Excitement of a “New On Market” Listing

Selling Your Home
In 7 Steps
Step 2
Develop Pricing Strategy

www.ab-lux.com

When selling your home, time is not your friend. When a new home is listed for sale,
we market it extensively to other agents and potential buyers. Most of the local working
agents and their prospective buyers will see it come on to the market right away. Interest
will build over the first week or two, with a peak of interest usually at about 2-3 weeks out.
Then as we always see, the activity of inquiries and showings will start to decrease rapidly.
Your home becomes “old” and “stale” in the eyes of other agents and buyers. Marketing
time is prolonged and our initial marketing momentum is lost. If you are not priced right,
you may miss showing opportunities, or showings that do occur will not produce an offer.
Your home may eventually sell below market value due to these costly delays.
The Problem with “Testing the Market”

Selling Your Home
In 7 Steps
Step 2
Develop Pricing Strategy

www.ab-lux.com

A common mistake sellers make is pricing their home high in the beginning to “test the market”.
The thought is “we can always lower the price if we don’t receive any offers” or “we need to build
in a cushion for negotiation.” Unfortunately most of the showing activity occurs when the home is
first listed. Once initial pool of buyers have seen the home and it doesn’t sell, the sellers will then
have to wait for new buyers to come into the market and they will have to reduce their price to be
competitive.
Also, the longer your home remains on the market, the less interest it will generate among all
buyers. Buyers typically feel that they should pay less for a home the longer it has been on the
market. At that point you have to face the real possibility of being forced to sell it for less than if
you had priced it at fair market value from the start. It is especially important to make sure that
your home is priced correctly when the conditions are leaning towards a buyers market. In that
scenario buyers are very sensitive to price and will look harder to find homes that offer the most
value. Simply put, buyers are not making “low-ball” offers on properties, they are waiting for
properties priced correctly to come onto the market.
Why Your First Offer is Often Your Best Offer

Selling Your Home
In 7 Steps
Step 2
Develop Pricing Strategy

www.ab-lux.com

Another common mistake Sellers make is to disregard the first offer they receive.
Often, if they receive an offer quickly, they get over confident and think maybe they
could do better if they wait for another buyer. Rarely is that the case. When you first list
your home for sale, New Buyers and Buyers who are Waiting for the Right Fit will
come see your home. So it is possible, if priced at Fair Market Value, that you could get
a good offer right away. After time goes on, and pricing comes down, you then attract
the Deal Makers. Then after more time and more price reductions you attract the
Bottom Feeders.

Who would you prefer to sell your home to?
The “Selling Equation”

Selling Your Home
In 7 Steps
Step 2
Develop Pricing Strategy

www.ab-lux.com

Its really quite a simple equation. Price + Exposure = Your Home Sold.
You must first start out with the correct, accurate pricing for your home. Then once we
have the home priced right, we will heavily market the home to both potential buyers
as well as to other Realtors in the area. We have established many great avenues
and resources for marketing your home, but if we are overpriced, all of our extensive
marketing efforts will go to waste.
Lets Get Started!

There is so much thought, knowledge and preparation that
goes into a successful home-selling campaign. We will be your
resourceful guide through every step. Lets get started on
formulating our strategic plan to get your home sold.
Thank You for Your Business

Much of our business is based on referrals from satisfied clients.
If you know anyone who could benefit from our services,
please let us know how we can be of help!

Contenu connexe

Dernier

Namrata 7 Plumeria Drive Pimpri Chinchwad Pune Brochure.pdf
Namrata 7 Plumeria Drive Pimpri Chinchwad Pune Brochure.pdfNamrata 7 Plumeria Drive Pimpri Chinchwad Pune Brochure.pdf
Namrata 7 Plumeria Drive Pimpri Chinchwad Pune Brochure.pdfPrachiRudram
 
Kolte Patil Universe Hinjewadi Pune Brochure.pdf
Kolte Patil Universe Hinjewadi Pune Brochure.pdfKolte Patil Universe Hinjewadi Pune Brochure.pdf
Kolte Patil Universe Hinjewadi Pune Brochure.pdfPrachiRudram
 
DLF Plots Sriperumbudur in Chennai E Brochure Pdf
DLF Plots Sriperumbudur in Chennai E Brochure PdfDLF Plots Sriperumbudur in Chennai E Brochure Pdf
DLF Plots Sriperumbudur in Chennai E Brochure Pdfashiyadav24
 
What Is Biophilic Design .pdf
What Is Biophilic Design            .pdfWhat Is Biophilic Design            .pdf
What Is Biophilic Design .pdfyamunaNMH
 
Kumar Fireworks Hadapsar Link Road Pune Brochure.pdf
Kumar Fireworks Hadapsar Link Road Pune Brochure.pdfKumar Fireworks Hadapsar Link Road Pune Brochure.pdf
Kumar Fireworks Hadapsar Link Road Pune Brochure.pdfBabyrudram
 
Mahindra Vista Kandivali East Mumbai Brochure.pdf
Mahindra Vista Kandivali East Mumbai Brochure.pdfMahindra Vista Kandivali East Mumbai Brochure.pdf
Mahindra Vista Kandivali East Mumbai Brochure.pdfPrachiRudram
 
Pride Wonderland Dhanori Pune Brochure.pdf
Pride Wonderland Dhanori Pune Brochure.pdfPride Wonderland Dhanori Pune Brochure.pdf
Pride Wonderland Dhanori Pune Brochure.pdfabbu831446
 
What-are-the-latest-modular-wardrobe-designs.pdf
What-are-the-latest-modular-wardrobe-designs.pdfWhat-are-the-latest-modular-wardrobe-designs.pdf
What-are-the-latest-modular-wardrobe-designs.pdfKams Designer Zone
 
Shapoorji Spectra Sensorium Hinjewadi Pune | E-Brochure
Shapoorji Spectra Sensorium Hinjewadi Pune | E-BrochureShapoorji Spectra Sensorium Hinjewadi Pune | E-Brochure
Shapoorji Spectra Sensorium Hinjewadi Pune | E-BrochureOmanaConsulting
 
Managed Farmland Brochures to get more in
Managed Farmland Brochures to get more inManaged Farmland Brochures to get more in
Managed Farmland Brochures to get more inknoxdigital1
 
Ryan Mahoney - How Property Technology Is Altering the Real Estate Market
Ryan Mahoney - How Property Technology Is Altering the Real Estate MarketRyan Mahoney - How Property Technology Is Altering the Real Estate Market
Ryan Mahoney - How Property Technology Is Altering the Real Estate MarketRyan Mahoney
 
Experion Elements Sector 45 Noida_Brochure.pdf.pdf
Experion Elements Sector 45 Noida_Brochure.pdf.pdfExperion Elements Sector 45 Noida_Brochure.pdf.pdf
Experion Elements Sector 45 Noida_Brochure.pdf.pdfkratirudram
 
Prestige Somerville Whitefield Bangalore E- Brochure.pdf
Prestige Somerville Whitefield Bangalore E- Brochure.pdfPrestige Somerville Whitefield Bangalore E- Brochure.pdf
Prestige Somerville Whitefield Bangalore E- Brochure.pdffaheemali990101
 
Dynamic Netsoft A leader In Property management Software
Dynamic Netsoft A leader In Property management SoftwareDynamic Netsoft A leader In Property management Software
Dynamic Netsoft A leader In Property management SoftwareDynamic Netsoft
 
Call Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCR
Call Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCRCall Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCR
Call Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCRasmaqueen5
 
Ebullient Investments Limited specializes in Building contractor
Ebullient Investments Limited specializes in Building contractorEbullient Investments Limited specializes in Building contractor
Ebullient Investments Limited specializes in Building contractorEbullient Investments Limited
 
Listing Turkey - Viva Perla Maltepe Catalog
Listing Turkey - Viva Perla Maltepe CatalogListing Turkey - Viva Perla Maltepe Catalog
Listing Turkey - Viva Perla Maltepe CatalogListing Turkey
 
Brigade Neopolis Kokapet, Hyderabad E- Brochure
Brigade Neopolis Kokapet, Hyderabad E- BrochureBrigade Neopolis Kokapet, Hyderabad E- Brochure
Brigade Neopolis Kokapet, Hyderabad E- Brochurefaheemali990101
 

Dernier (20)

young call girls in Lajpat Nagar,🔝 9953056974 🔝 escort Service
young call girls in Lajpat Nagar,🔝 9953056974 🔝 escort Serviceyoung call girls in Lajpat Nagar,🔝 9953056974 🔝 escort Service
young call girls in Lajpat Nagar,🔝 9953056974 🔝 escort Service
 
Namrata 7 Plumeria Drive Pimpri Chinchwad Pune Brochure.pdf
Namrata 7 Plumeria Drive Pimpri Chinchwad Pune Brochure.pdfNamrata 7 Plumeria Drive Pimpri Chinchwad Pune Brochure.pdf
Namrata 7 Plumeria Drive Pimpri Chinchwad Pune Brochure.pdf
 
Kolte Patil Universe Hinjewadi Pune Brochure.pdf
Kolte Patil Universe Hinjewadi Pune Brochure.pdfKolte Patil Universe Hinjewadi Pune Brochure.pdf
Kolte Patil Universe Hinjewadi Pune Brochure.pdf
 
DLF Plots Sriperumbudur in Chennai E Brochure Pdf
DLF Plots Sriperumbudur in Chennai E Brochure PdfDLF Plots Sriperumbudur in Chennai E Brochure Pdf
DLF Plots Sriperumbudur in Chennai E Brochure Pdf
 
What Is Biophilic Design .pdf
What Is Biophilic Design            .pdfWhat Is Biophilic Design            .pdf
What Is Biophilic Design .pdf
 
Kumar Fireworks Hadapsar Link Road Pune Brochure.pdf
Kumar Fireworks Hadapsar Link Road Pune Brochure.pdfKumar Fireworks Hadapsar Link Road Pune Brochure.pdf
Kumar Fireworks Hadapsar Link Road Pune Brochure.pdf
 
Mahindra Vista Kandivali East Mumbai Brochure.pdf
Mahindra Vista Kandivali East Mumbai Brochure.pdfMahindra Vista Kandivali East Mumbai Brochure.pdf
Mahindra Vista Kandivali East Mumbai Brochure.pdf
 
Pride Wonderland Dhanori Pune Brochure.pdf
Pride Wonderland Dhanori Pune Brochure.pdfPride Wonderland Dhanori Pune Brochure.pdf
Pride Wonderland Dhanori Pune Brochure.pdf
 
What-are-the-latest-modular-wardrobe-designs.pdf
What-are-the-latest-modular-wardrobe-designs.pdfWhat-are-the-latest-modular-wardrobe-designs.pdf
What-are-the-latest-modular-wardrobe-designs.pdf
 
Shapoorji Spectra Sensorium Hinjewadi Pune | E-Brochure
Shapoorji Spectra Sensorium Hinjewadi Pune | E-BrochureShapoorji Spectra Sensorium Hinjewadi Pune | E-Brochure
Shapoorji Spectra Sensorium Hinjewadi Pune | E-Brochure
 
Managed Farmland Brochures to get more in
Managed Farmland Brochures to get more inManaged Farmland Brochures to get more in
Managed Farmland Brochures to get more in
 
Ryan Mahoney - How Property Technology Is Altering the Real Estate Market
Ryan Mahoney - How Property Technology Is Altering the Real Estate MarketRyan Mahoney - How Property Technology Is Altering the Real Estate Market
Ryan Mahoney - How Property Technology Is Altering the Real Estate Market
 
Experion Elements Sector 45 Noida_Brochure.pdf.pdf
Experion Elements Sector 45 Noida_Brochure.pdf.pdfExperion Elements Sector 45 Noida_Brochure.pdf.pdf
Experion Elements Sector 45 Noida_Brochure.pdf.pdf
 
Hot call girls in Moti Bagh🔝 9953056974 🔝 escort Service
Hot call girls in Moti Bagh🔝 9953056974 🔝 escort ServiceHot call girls in Moti Bagh🔝 9953056974 🔝 escort Service
Hot call girls in Moti Bagh🔝 9953056974 🔝 escort Service
 
Prestige Somerville Whitefield Bangalore E- Brochure.pdf
Prestige Somerville Whitefield Bangalore E- Brochure.pdfPrestige Somerville Whitefield Bangalore E- Brochure.pdf
Prestige Somerville Whitefield Bangalore E- Brochure.pdf
 
Dynamic Netsoft A leader In Property management Software
Dynamic Netsoft A leader In Property management SoftwareDynamic Netsoft A leader In Property management Software
Dynamic Netsoft A leader In Property management Software
 
Call Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCR
Call Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCRCall Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCR
Call Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCR
 
Ebullient Investments Limited specializes in Building contractor
Ebullient Investments Limited specializes in Building contractorEbullient Investments Limited specializes in Building contractor
Ebullient Investments Limited specializes in Building contractor
 
Listing Turkey - Viva Perla Maltepe Catalog
Listing Turkey - Viva Perla Maltepe CatalogListing Turkey - Viva Perla Maltepe Catalog
Listing Turkey - Viva Perla Maltepe Catalog
 
Brigade Neopolis Kokapet, Hyderabad E- Brochure
Brigade Neopolis Kokapet, Hyderabad E- BrochureBrigade Neopolis Kokapet, Hyderabad E- Brochure
Brigade Neopolis Kokapet, Hyderabad E- Brochure
 

En vedette

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by HubspotMarius Sescu
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTExpeed Software
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 

En vedette (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

How to sell your property in Luxembourg

  • 1. STEPS TO SUCCESS For Selling Your Home
  • 2. Introduction 1 - We are interviewing you as much as you are interviewing us. Only if we can work together well, will we be able to guide you throughout this extensive process to help you sell your home in the quickest time possible and at the highest price. 2 - We are not going to simply promise marketing genius and brag about ourselves, instead we will show you just how we will be your resourceful guide helping you through one of the most important processes of your life. 3 - We want you to know WHAT we are doing for you, WHEN and WHY.
  • 3. The Risks of Pricing Too High Selling Your Home In 7 Steps Step 2 Develop Pricing Strategy www.ab-lux.com If you price your home at “Fair Market Value” you will see good activity and a good amount of buyer interest. The higher you go above Fair Market Value to “Test the Market” the less showings you will have. If you get really aggressive and price below Fair Market Value, you will get an increase in showings, and may end up receiving multiple offers with buyers trying to outbid each other for your home. An asking price that is beyond market range can adversely affect the marketing of a property.
  • 4. The Excitement of a “New On Market” Listing Selling Your Home In 7 Steps Step 2 Develop Pricing Strategy www.ab-lux.com When selling your home, time is not your friend. When a new home is listed for sale, we market it extensively to other agents and potential buyers. Most of the local working agents and their prospective buyers will see it come on to the market right away. Interest will build over the first week or two, with a peak of interest usually at about 2-3 weeks out. Then as we always see, the activity of inquiries and showings will start to decrease rapidly. Your home becomes “old” and “stale” in the eyes of other agents and buyers. Marketing time is prolonged and our initial marketing momentum is lost. If you are not priced right, you may miss showing opportunities, or showings that do occur will not produce an offer. Your home may eventually sell below market value due to these costly delays.
  • 5. The Problem with “Testing the Market” Selling Your Home In 7 Steps Step 2 Develop Pricing Strategy www.ab-lux.com A common mistake sellers make is pricing their home high in the beginning to “test the market”. The thought is “we can always lower the price if we don’t receive any offers” or “we need to build in a cushion for negotiation.” Unfortunately most of the showing activity occurs when the home is first listed. Once initial pool of buyers have seen the home and it doesn’t sell, the sellers will then have to wait for new buyers to come into the market and they will have to reduce their price to be competitive. Also, the longer your home remains on the market, the less interest it will generate among all buyers. Buyers typically feel that they should pay less for a home the longer it has been on the market. At that point you have to face the real possibility of being forced to sell it for less than if you had priced it at fair market value from the start. It is especially important to make sure that your home is priced correctly when the conditions are leaning towards a buyers market. In that scenario buyers are very sensitive to price and will look harder to find homes that offer the most value. Simply put, buyers are not making “low-ball” offers on properties, they are waiting for properties priced correctly to come onto the market.
  • 6. Why Your First Offer is Often Your Best Offer Selling Your Home In 7 Steps Step 2 Develop Pricing Strategy www.ab-lux.com Another common mistake Sellers make is to disregard the first offer they receive. Often, if they receive an offer quickly, they get over confident and think maybe they could do better if they wait for another buyer. Rarely is that the case. When you first list your home for sale, New Buyers and Buyers who are Waiting for the Right Fit will come see your home. So it is possible, if priced at Fair Market Value, that you could get a good offer right away. After time goes on, and pricing comes down, you then attract the Deal Makers. Then after more time and more price reductions you attract the Bottom Feeders. Who would you prefer to sell your home to?
  • 7. The “Selling Equation” Selling Your Home In 7 Steps Step 2 Develop Pricing Strategy www.ab-lux.com Its really quite a simple equation. Price + Exposure = Your Home Sold. You must first start out with the correct, accurate pricing for your home. Then once we have the home priced right, we will heavily market the home to both potential buyers as well as to other Realtors in the area. We have established many great avenues and resources for marketing your home, but if we are overpriced, all of our extensive marketing efforts will go to waste.
  • 8. Lets Get Started! There is so much thought, knowledge and preparation that goes into a successful home-selling campaign. We will be your resourceful guide through every step. Lets get started on formulating our strategic plan to get your home sold.
  • 9. Thank You for Your Business Much of our business is based on referrals from satisfied clients. If you know anyone who could benefit from our services, please let us know how we can be of help!