JOSEPH SCROFANI JD - THE FOR SALE BY OWNER GUIDE

doesn’t seem to be much interest in your listing. However, if not many people are interested in showings, it could indicate that the price was too high, regardless of what the market’s activity suggests. Also, remember that many homebuyers do not like to work with FSBOs, which might be undermining your efforts—all those sales were probably through agents, so even though your price is comparable, your FSBO status is putting off prospective buyers. When there are no offers, despite every sign, the price should be right; it is probably time to get in touch with an agent. When you have too few offers, you need to start working hard before it is too late, as you are likely to raise doubts among future buyers if the home is too long-listed without selling. They might imagine that the property has some flaws, that the price was too high, or that there are other reasons for it still being on the market. At that point, the best idea would be to contact a real estate agent and seek a way out through professional assistance. Always remember that the market sets the actual price of a property and not the seller. Therefore, any pricing strategy not based on thorough market research is bound to flop and make your listing perform poorly. Agents can do a better job, as they are bound to be a bit more objective than you are when it comes to suggesting the right price. Moreover, through a thorough, professional comparative market analysis, they will adopt more professional methods to arrive at the best price. The market has no interest in what you would gain from a deal and whether it will be enough to meet your commitments and needs; the market moves the way it wants to, and no price you set will be right unless someone is willing to pay it. So, please be realistic when dealing with low offers and take the proven help of an accomplished agent if you have trouble drawing realistic offers.

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