At Home With Lisa-Your house Hasn't Sold Yet, It may Be Overpriced.

I have been saying for some time now that it is a sellers market, not enough inventory for the buyers, homes are selling fast, and Sellers are getting over their asking price and multiple offers.  Yet, here you have your home on the market and it's been on the market for awhile and it hasn't sold.  What's the problem?  Buyers have fewer options than usual right now, so with limited choices and your home not selling, there is a reason.  Perhaps it's because the home is overpriced.

With today's higher mortgage rates already stretching the buyers budget, they are being a little more sensitive about price than they were a  year ago.

I understand as a Seller you want to maximize your return on investment when you sell your house.  I get that.  However, you also need to be realistic based on current market conditions, which is,  you are only going to sell your home for what the buyers are willing to pay right now, which can be hard to accept, especially when you have years tied up in the home and emotions run high.

If you want to sell your home, you don't want to have buyers dismiss your home because of the price tag.  You will need to do something to spark interest in your home again if it's been sitting.  That is where I come in.  As a local, full time Realtor®, I will balance the value of your home with those in the neighborhood, use current market trends, buyer demands, the condition of the home, and current Data from outside sources to find the right price for your home, so you can close this chapter of your life and begin the next.  

So, let's do a review of your current home situation and see what we find.

I'm Lisa Longest with Realty Navigator. I am a full time Realtor® GRI® RENE®, C2EX®, CDPE® and PSA® in Anne Arundel and Queen Anne  Counties.  I am here for all your real estate needs. If you are looking to buy, sell or question me about the market in your area, feel free to contact me. I am located in Annapolis and Kent Island. My email is LisaLongest.RE@Gmail.com and cell is 443-786-4200.  
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