Frisco Texas Mortgage, Real Estate, Events, and more

This is Just a Test

JL has provided some really good points about listening to your Agent when selling your home. The title is called "This is Just a Test" but the point is to not TEST the market. Decide you want to sell your home, hire a reliable, professional agent, and stick it on the market ready to sell.  The media is not always your best friend and all markets are different. Do your research on a professional in the area and rely on that person to direct you.

Test Selling a homes is actually serious business, and it takes a lot of hard work and dedication on the part of you Realtor as well as yourself. So, if you're not really ready to commit to what it takes to sell a house in today's market, then you really shouldn't put your house on the market.

 If you're just planning on testing the market, then you've likely already made up your mind that you not going to listen to what your professional has to say. Chances are, you are simply planning on tossing your house on the market at some random price that has nothing to do with comparable, sold properties, and see what happens.

Blowing up in our Face Let me be the first to tell you that this type attitude can and usually does blow up in our face. The majority of activity on a home for sale will happen in the early days of it's existence on the market. That's why it's so important to price it right, advertise it right, and have it in good order and ready to show right from the start.

 Doing it right from the beginning will usually yield good results, that's why it's so important to do. So when you just test that market, by not having your house ready to show and priced right from the start, you usually blow your best opportunity to sell.

No Sale The problem becomes that fact that your house develops a reputation amongst Realtors who are showing buyers on the market. They have shown the home and they have seen that it doesn't show well and that it's over priced. They will relay this information to any potential buyer that asks about this house, and chances are it will not be shown to that buyer.

 By the time you get serious about selling the house, unfortunately that damage is done. Every Realtor that has shown it will remember it's state in the beginning and buyers will know something is wrong by the number of days it has spent on the market. Usually when you test the market, the market wins and it's not very nice about it either. So get it right from he start and take that market seriously.

 

www.JLBoney.com

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JL Boney, III - Columbia, SC Realtor - Russell and Jeffcoat Realtors

 I specialize in Columbia, SC real estateand the surrounding areas, including Blythewood, SC, Kershaw County, Fairfield County, and Lexington, SC. If you are in the market to buy or sell a home in Columbia, SC or any of the surrounding areas, I would love the opportunity to speak with to see how I can help. Thanks for reading and feel free to contact me if I can be of service to you.

Office- 803-788-1450     Cell- 803-730-9601     Email- jlboney@russellandjeffcoat.com

My Columbia SC Real Estate Website www.jlboney.com

My Columbia, SC Real Estate Blog http://www.ColumbiaSCRealEsateblog.com

www.jlboney.com/columbiascrealestateblog.html

 

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Comment balloon 6 commentsJohn Cannata • September 26 2009 04:39PM

Comments

John, Very good point If clients only want to' test' not to sell they should put the home on Zillow or Trulia over priced as they want to test and call us when they Tested it and want to Sell:))

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) over 9 years ago

Agreed Endre. Good point about listing it on zillow or trulia.

Posted by John Cannata, Texas Home Mortgage - Purchase or Refinance (214-728-0449 http://TexasLoanGuy.com) over 9 years ago

I hate when sellers want to "test".  It does no one any good!

Posted by Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator (Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com) over 9 years ago

I agree Donna.

Posted by John Cannata, Texas Home Mortgage - Purchase or Refinance (214-728-0449 http://TexasLoanGuy.com) over 9 years ago

John - You always pick great articles to reblog.  I agree with JL.  This is not the time to test the market. 

Posted by Erik Hitzelberger, Louisville - Middletown Real Estate (RE/MAX Alliance - Louisville REALTOR-Luxury Homes) over 9 years ago

I do my best when I read them. :-)  Thanks Erik.

Posted by John Cannata, Texas Home Mortgage - Purchase or Refinance (214-728-0449 http://TexasLoanGuy.com) over 9 years ago

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