Is your home competitive or compelling? Competitive means your property is priced and shows “as well as” the other competing homes currently on the market. Competitive feedback sounds like “nice home; just started looking; wants to see other homes”, etc. However, if your property is compelling then it stands out from the rest of the crowd. Buyers don’t want to leave the driveway, and instead of receiving feedback you receive an offer! Right now about 1/3 of the homes that sell are doing so in the first 30 days (buyers are demanding homes that are priced to compel.) So… is your property priced to be competitive or compelling???
Here’s some current market stats you may find interesting. Currently there are almost 1,700 homes and condos on the market in Stark County. On average, only about 200 properties sell each month, which means that only the top 12% of the market is selling each month. In other words, your listing has to be in the top 12% of the market to be sold! If there are 50 competing properties for your listing and only the top 6 sell a month - is your home in the top 12% of homes regarding price and condition? We are in a very crucial season with a lot of buyer activity and now is the time to seize this market. Please always feel free to call us with any questions or concerns….
Your Realtor,
Jose Medina
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