How much marketing will it take to sell my overpriced house?
How many overpriced homes have sold lately in your neighborhood? Are there a many people buying houses in your home town just because the agent had stupendous marketing?
I am not going to try to over analyze a simple topic
There is a common denominator with all homes that are currently selling…. they are priced at or below market value. They are priced like the bank owned and short sale listings. They compete with the best values in the market.
No amount of marketing will sell an overpriced house. None of the gimmicks, no talking signs, no flashing lights, no open houses, not even a higher commission to the selling agent.
In today’s market, it is all about the price. If the price is wrong, you loose.
The single most important item in determining if your house sells is the price. Don’t try to build in a little cushion in the price.
If your going fishing in the Big Bear Lake housing market, you’ll want to have the best bait.
Pricing your Big Bear home over market value will net you a stale listing.
So, when do you want me to start telling you the truth Mr. Seller?
As you can see, this is not a new topic for me. I would rather hammer my toes with a sledge hammer, than loose money for a seller that is chasing the market down.
I can show you any home for sale in Big Bear.
Search the Big Bear MLS (Multiple Listing Service)
Search the Southern California MLS (Multiple Listing Service)
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
http://www.stevesellsbigbear.com
Subscribe to “Ask an Expert, Big Bear Real Estate Blog”
Previously posted on Active Rain
Sold this week in Big Bear 3/28/09
This week we have 7 closed sales to report in Big Bear.
822 W Country Club, Big Bear City
- Listed originally for $190,000 on 5/13/08
- Seller Owned
- Sold 292 days
928 Kingston, Big Bear City
- Listed by previous owner for $450,000 in 2006
- Bank Owned
- Sold in 7 days
438 Boyd Trail, Big Bear Lake
- Listed by previous owner for $330,000 8/31/07
- Bank Owned
- Sold in 123 days
203 Knoll, Big Bear Lake
- Listed originally for $450,000 on 7/31/08
- Seller Owned
- Sold in 205 days
125 Bayside, Big Bear Lake
- Listed originally for $899,950 on 6/07/07
- Seller Owned
- Sold in 606 days
42584 Cougar, Moonridge
- Listed originally for $154,900 on 9/18/08
- Bank Owned
- Sold in 140 days
1693 Columbine, Moonridge
- Listed originally for $515,000 on 10/31/07
- Short Sale
- Sold in 391 Days
I can show you any home for sale in Big Bear.
Search the Big Bear MLS (Multiple Listing Service)
Search the Southern California MLS (Multiple Listing Service)
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
Steve Sells Big Bear
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- Big Bear REO Blog
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