EXIT Realty Foothills Helps Sellers Price their Home

FOR IMMEDIATE RELEASE

Contact:
Jessica Eide
Realtor
Exit Realty Foothills
909.593.0502
jessie@ourexitteam.com

EXIT Realty Foothills Helps Sellers Price their Home

Warnings Home is Overpriced

La Verne, Ca (Grassroots Newswire) October 16, 2009 -- The real estate market has been a roller coaster recently to say the least. As we are heading into the final days of the first-time home buyer’s tax credit, due to expire on November 30, 2009, sellers are becoming even more motivated to sell their home.

This is a scary sign for those that have their homes on the market. According to Amy Bell from investorpedia.com, there are four major signs that your home is overpriced. Exit Realty Foothills wants to share these signs in order to help sellers in this very aggressive and “price-driven” market.

1. There has been no interest in the property.

If the property has been on the market for over a month and only a few potential buyers have stopped by for a peek. It is a good sign the property is over priced.

2. If there have been a lot of showings but no one has written an offer.

According to Bell, she states that some experts say that if there have been 10 showings and no offers it is time to reduce the price.

3. Potential buyers have a lot of criticism.

If there have been a lot of showings and there seems to be a parade of negative comments about a bathroom or kitchen that is outdated or bad flooring. It is either time to fix the problem or lower the price.

It is always a good idea to ask your Realtor to give you the criticism from the showings because they can help you fix the problem. Remember this is a business and hurt feelings are not going help sell the property.

4. The house is the highest price on the block.

It is important to be up to date with all the properties for sale in the area. A Realtor should provide their sellers with market data. Remember the law of supply and demand. If the property is the highest priced property in the area, it will be the last to sell.

“Exit Realty Foothills strives to keep their clients well informed,” says owner Heather Brang. “It is important not just in this market, but any market to price your home appropriately.”

EXIT Realty is growing across North America and provides sales associates with the opportunity to earn residual income over and above their own transactions and an enhanced retirement and beneficiary benefit; all of which have been unheard of in the real estate industry until now.

For more information about Exit Realty Foothills, please call 909.593.0502. Exit Realty Foothills is located at 1433 Foothill Blvd, La Verne CA 91750.

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