Found 1 blog entry tagged as myths on pricing.

Here’s a riddle: What do homebuyers care about more than “location, location, location” in finding the house of their dreams?

Layout? No. Amenities? No. Luxury upgrades? Sorry.

The answer is…

 

Price.

Price.

Price.

Unwrap your mind from that pretzel and bear with us: The first thing buyers look at in their home search is the price. No matter how perfect the house, it’s a big “NO” if the price doesn’t line up with a buyer’s budget.

Miss the bar by a thousand dollars, and you could lose out on an entire pool of potential buyers. In August the national share of home price cuts hit 19.1%(compare that to 13.1% in 2012), meaning more sellers aren’t pricing aggressively enough from the start.

Real estate agents deal with this…

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