Home are selling in one to two weeks in most areas of the Austin market. If your home is not selling or even receiving offers below the list price it overpriced. It also needs to be in tip top shape to receive top dollar so make sure the home is spotless, clean and staged as that makes a huge difference, your competition is.
If you are working with an agent let them show you the comps and take your homeowner hat off and be realistic as to the value of your home. Pricing it too high already may have cost you thousands... homes in any market but especially a hot market get a stigma on them when their days on market number gets too high... potential buyers say... what's wrong with this house?
Also, pricing your home too high makes other homes that are currently or pending look like even better deals so you are helping them sell over yours.
Hope this all helps. Fix the error, be realistic and do what you can to make the home stand out and you will sell it fairly quickly I would think.
Don Groff | REALTORÂ® & Mortgage Broker
Austin Real Estate Pros & 360 Lending Group
o 512.669.5599 | m 512.633.4157 | firstname.lastname@example.org
websites: www.AustinListed.com | www.360LendingGroup.com... more
Home Sales in Texas? Remarkably StrongThe latest Texas Quarterly Housing Report, published by the Texas Association of REALTORSÂ®, indicates a â€œremarkably strongâ€ real estate market. Texas
Great new subdivision in the growing north east portion of San Antonio. Only minutes from down town, Fort Sam, Randolph and pleanty of shopping. Monterrey Village is a great place to buy right now.Â