To increase chances of being noticed by potential buyers, you even removed emblems and other signs of affiliation. You also agreed with your agent to have your pets be no-show when buyers want to see the house.
But despite these efforts, your house still stays in the seller’s market for some time. Some house just few blocks from yours have already sold in just a few days or a week.You start wondering and contemplating of the probable problems.
Well, it could be high time for you to check the tag you’ve labeled your house with. According to real estate reports, buyers are still considering price tags to fit their budgets first before considering other factors such as needs, functions, and appearance of the house.
Put in mind that a house is a commodity too. Like other goods which we buy from day-to-day, the price tag matters a lot. We are buying goods because we believe their prices are right. It will be the same principle that applies to houses in the seller’s market. If you were the buyer, would you go after a house that has a high price tag than what your budget can afford? Certainly not.
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