Influences On Your Home's Sale

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Influences On Your Home's Sale

Pricing Pyramid

The Pricing Pyramid

The pricing pyramid is illustrative of the overall home buying market. There are more buyers the farther down the pyramid you move, hence more people who are willing to buy your home. The key is to set a price that attracts enough buyers at an optimal price for a satisfying sale.



Pricing Slope

Market Time Slope

There are diminishing returns for homes that stay on the market too long. Some sellers set an unrealistically high price up front, assuming that they can lower their price later to find a buyer. The problem with this strategy is that they may have permanently lost the interest of qualified buyers and agents. People question homes that have been on the market for long stretches - are they overpriced, unattractive, undesirable? Sometimes desperate sellers end up lowering their price below fair market value. Dream Town helps you avoid this pitfall and find appropriate buyers at desirable prices, right from the start of the process.



Activity Curve

Activity Curve

When a new property comes on the market, it is a hot commodity. Agents are constantly looking for new homes to show their clients, and buyers are eager to find the home of their dreams. This leads to a high volume of showings in the first few weeks, with many qualified buyers showing interest. After the initial burst, interest and activity usually decrease, while new listings provide increased competition.


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