I meet with a lot of home owners in the Big Bear Valley who have been unsuccessful in selling their property. The number one question asked of me is why didn't their home sell? The answer is really very simple. It's all in the price! Price overcomes everything!
Here is a great example of what I'm talking about. A couple of months ago I listed a home in Sugarloaf that I believed was priced to sell. After thirty days of the property not getting any showings, I have the price reduction conversation with the property owners. After hearing how they paid more for the property than we are trying to sell it for, they reluctantly agreed to a $10,000.00 price reduction. You would think that reducing the price of the house by $10,000.00 would help but unfortunately it was too little too late. Two weeks later, we made another price reduction, bringing the cabin down to $199,000.00 and that was all she wrote. Once the cabin hit the $199,000.00 price tag, the market took over and the seller had multiple offers to choose from within a four day time frame.
It doesn’t matter how many internet sites you market the cabin, if it isn’t priced right, it won’t sell. It doesn’t matter how nice the pictures are of the property, if it isn’t priced right, it is not going to sell. No matter what the objection is on the property, if it is priced right, it will sell.
If You Price It Right, It Will Sell.
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