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Having Trouble Getting Buyers to Close Your Pricing Might Be the Problem

Nov 2, 2023 | Uncategorized

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Having Trouble Getting Buyer To Close?
Here’s Why Your Price Might Be The Problem…

Are you experiencing problems with selling your home? A slow sale is no fun, especially if you need a quick sale due to a move or for financial reasons. If you are having some trouble getting potential buyers to stick around, pricing might be the issue. Let’s explore a few reasons why.

Are You Getting Any Offers?

First, are you receiving any offers for your home? If you have, and they are coming in much lower than your listing price, then it could be a sign that you have set your price too high. Even in the hottest real estate markets, it is common to see buyers submitting ‘lowball’ bids as a starting point for future negotiations. However, if all your offers are well below your asking price, it might be time to re-evaluate it.

Who Set The Price For Your Home?

Did you set the starting price for your home, or did you rely on the help of a professional real estate agent or sales team? If you are trying to sell your home without expert guidance, it is possible that you priced your house above its actual value. Remember that a variety of factors, from the condition of your home to current interest rates, will help to determine your home’s value. It is best to rely on the guidance of an experienced real estate agent to set your price.

What Do Local Sales Trends Look Like?

Is your neighborhood considered a ‘hot’ or ‘cold’ real estate market? Are there a lot of local houses up for sale, or a few? What about in the past few months, have many nearby homes sold? At what price? Understanding regional sales trends is critical. If buyers are not buying, then you may be stuck lowering your price.

Reducing The Price? Be Careful

Finally, if you do need to lower your asking price, it is best to do so carefully. A substantial price reduction can send the wrong message to potential buyers. They may start to wonder if anything is wrong with your house, or if it needs some major repairs.

If you are having trouble closing the sale of your home, don’t get discouraged. It is possible that with a small tweak to the price, you can have the hottest listing in the local market.

If you are considering selling your home, be sure to contact us at (844) 781-0438 or email us at info@ultrahomebuyers.com so we can provide you with a Fair Cash Offer on your Baltimore house.

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Michellaine FieldsMichellaine Fields
15:54 25 May 23
With the day of signing everything went smoothly. Prior to that it often seems as if the right hand didn't know what the left hand was doing. If I had a question, I had difficulty getting in touch with the correct person. I often had to call Abode to get answers for my questions and I feel like I should not have had to call them. There should have been a person for me to call. In other words it should have made been made clear who my actual contact person was. Also I didn't feel like I had direct answers regarding the steps in the process or how this type of company works. There was confusion about when I was actually going to sign, but once we got that straightened out the actual signing part was the only smooth part and that was with the Abode company.
Kirston SchuylerKirston Schuyler
20:51 31 Mar 23
We had a very pleasant experience with Ultra Homebuyers. They worked very swiftly, got us the price that we asked for, and provided us with any information that we needed every step of the way. We would definitely recommend Ultra Homebuyers to anyone looking to sell their property.
Brendan SchreiberBrendan Schreiber
20:51 17 Mar 23
Everything went really smoothly and we were very happy with the level of communication we got from Ultra Homebuyers. We are working on another sale with them and are looking forward to seeing that process through too.
Grass FedGrass Fed
17:55 03 Mar 23
I was in a tight spot and needed to sell my house fast. Ultra bought my house, and the process couldn't have been smoother. They were super responsive and gave me a fair price for my home. I highly recommend this company to those looking to sell their home quickly
Ricky RiveraRicky Rivera
22:10 27 Feb 23
If you're looking to sell your house without the hassle of traditional home selling methods, Ultra Homebuyers is your solution. They bought my house with cash and took care of everything from start to finish. I was impressed with their professionalism and honesty throughout the entire process. I wouldn't hesitate to recommend this company to anyone!!
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