Page 9 - Laurie Quatrella Seller's Guide 2023

Understanding the Market

1. If your home is not being shown, it means that agents

think your price is too high.

Recommendation:
A significant price adjustment.

2. If your home is being shown, but we are not getting any

offers, it means that buyers are bidding on other homes
that they think offer more

Recommendation:

A moderate price adjustment.

3. If your home is in the running, but buyers buy

something else, or if the buyers view your home a
second time, but buy another home, it means we are M
most likely close to receiving an offer. UE TEA

Recommendation:

A moderate price adjustment.
RBL

• In the current market condition, price is the number one reason why
homes are not selling. Although there is low inventory, buyers will not NDE

accept homes priced too high. A
• According to the National Association of Realtors, if a house is priced
correctly, the owners should receive one offer for every 10 showings.
• In our market, the number of showings that your home should get THE V
weekly depends on the price range.

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