I’ve never heard a homeowner say he wants to sell his home as slowly as possible. Yet some people make poor decisions that lead to their homes staying on the market much longer than average. In fact, there are a few homes in my neighborhood that have been for sale way longer than others nearby.
With each of those homes, my reaction was the same when I first saw the asking prices. Wow, can they really get that much?
So far, the answer has been no. In the meantime, those sellers have been paying carrying costs for their homes … month after month after month.
How do you determine an asking price that’s high enough to maximize your profit but not so unrealistically high that it will make your home harder to sell? A Texas REALTOR® can go over the numbers with you and explain how your home’s value fits in to the current sales market.
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