How slowly do you want to sell your home?

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A computer-generated white basic house with a red roof and red for-sale sign in front of it

09/16/2016 | Author: Marty Kramer

I've never heard a homeowner say he wants to sell his home as slowly as possible. Yet some people make poor decisions that lead to their homes staying on the market much longer than average. In fact, there are a few homes in my neighborhood that have been for sale way longer than others nearby.

With each of those homes, my reaction was the same when I first saw the asking prices. Wow, can they really get that much? 

So far, the answer has been no. In the meantime, those sellers have been paying carrying costs for their homes ... month after month after month.

How do you determine an asking price that's high enough to maximize your profit but not so unrealistically high that it will make your home harder to sell? A Texas REALTOR® can go over the numbers with you and explain how your home's value fits in to the current sales market.  

Categories: Sellers
Tags: sellers, consumers, overpriced

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The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.

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