No Amount of Marketing can Sell an Overpriced House

I have been talking a lot about how awesome the real estate market is right now in the Wilmington, NC area and how much activity and sales we have been seeing
over the last 6 months. However, we are still in a buyer's market. Which basically means more people are selling than buying.

So, when selling your home in a buyers market you have to be top notch in 4 areas: Price, Condition, Incentives, and Marketing. There is a flow in the market right now and there is also a stagnant spot. Too many people have overpriced in the beginnning, not gotten their home in the best condition, not offered incentives, or not partnered with an excellent agent and company. Any one of these things can pull a house into the "stagnant zone" where it will sit. Once you become stagnant, you will probably sit and sit even when the price is reduced.

Remember, "No amount of marketing can sell an overpriced home."

Then there are those houses that price well, get their home "show ready" and in the best condition, they offer incentives, and they pair with a Realtor that will market their home effectively.

They get in the market, get an offer soon, and get out. Ultimately, they make more money than they guy waiting and waiting and now holding his hands in the air going "How did they do that?!?"

Contact Jessica at 910-352-1043 or email JessicaRiffle@SeaCoastRealty.com.

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333 Scottsdale Drive ~ $239,900

Do you know a buyer for my new listing?

This absolutely charming 3 bedroom, 2 and a half bath home, plus bonus room or office...is nestled on an awesome lot just down the street from the Intracoastal Waterway! Both bedrooms on first floor have direct bathroom access and huge walk in closets which means you could have 2 master suites if needed. The galley kitchen with beautiful cabinets makes cooking a breeze and entertaining enjoyable. The oversized garage features 8 ft. doors to park and store your boat! New HVAC in Jan. 09, new roof, water softener, and light fixtures. An included Home Warranty will give you extra piece of mind.

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