If Your Home Hasn’t Sold Yet… Check the Price!


If Your Home Hasn’t Sold Yet… Check the Price!

The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the winter as many real estate professionals are reporting bidding wars with many homes selling above listing price. What about your house?

If your house hasn’t sold, it is probably because of the price.

If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. See chart below.


Bottom Line

The housing market is hot. If you are not seeing the results you want, sit down with your agent and revisit the pricing conversation.


LeAnn Sink

Real Estate Professional
Serving Lexington, Georgetown and surrounding cities
United Real Estate Lexington
Lexington KY
Loving what you do is crucial to being good at what you do. Being a licensed real estate agent in Georgetown & Lexington Kentucky makes it easy for me to love being a Realtor®. Whether my clients are coming or going from Georgetown or Lexington, no real estate need is too big or too small. I have high standards for my business so my clients get the best service imaginable. I offer a home buying/selling experience that is real, straightforward, honest and a lot times fun!



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