Buyers, Sellers, these are very emotional times we are living in. Between COVID, lifestyle changes, the upcoming holiday season & more, 2020 has thrown a LOT our way. And while as a realtor I would love your business, be sure your decision to buy or sell is just that - YOUR decision! With all the hype around the seller's market we are in and record low interest rates, it's easy to get caught up in the "SHOULDS" aka you should sell now to maximize profits and you should buy now because of the rates. While that's of course true, just be sure you're ready and working with the right team! 

Today's episode is a spontaneous topic I was inspired to bring up because of recent conversations I've been having with sellers who want to maximize the market we are in. So today I wanted to quickly shed some light on 2 topics:

In this episode:

Pros & Cons of Pricing:

• Below Market Value

+ higher interest, faster sale

+ higher chance of receiving multiple offers

- risk selling at lower price

• At Market Value

+ low chance of appraisal issues

+ buyers & agents can recognize fair price

+ appears on more relevant buyer searches

• Above Market Value

+ still a chance of receiving more for the home

- takes longer to sell

- longer market time leads to questions from prospects

- higher chance of it not appraising

FSBO - For Sale By Owner

• Do you understand all parts of the selling process?
• Do you have a plan and budget for marketing?
• Are you prepared for showings?
• Are you able to qualify a buyer and handle negotiations?
• Do you know what to do after an offer is accepted?

If you have questions, are curious about what your home is worth or want to learn more about the selling process, I highly recommend reaching out to your local realtor! They are there to remove the risk and burned and help you see out your real estate goals! 

------------------------------------------------------

Interested in any of my FREE real estate guides? Looking to Connect? Have some topics you'd like to hear on this podcast? Feel free to reach out with any comments, questions or topics you want to hear more of! 

• Let's hang on social:
  • Instagram: @gdemac
  • Facebook: @GDemacRealEstate
• For more on Real Estate:
  • Start your search: https://gabrielle-demac.elevatesite.com/signup 
  • Email: GDemac@CollinsDemacRE.com