"We're not just giving it away!"

 

Line Heard Most Frequently in the Real Estate Community -

"We're not just giving it away"

 

I have no statistics. This is completely unofficial. Just one of those, "if I had a dollar for every time I heard this"... type of thing.

 

My point is - from everything I've observed - there's really no such thing as giving away real estate.

 

If a house is very well-priced, and I mean this from the perspective of the careful analysis of a recent market, and not from the homeowner's love of everything turquoise and her extreme reluctance to part with it, then interest will be high.

 

A buzz will be created and buyers will be coming out of the woodwork to view it and to exercise their option to buy it. Multiple offers will come in; a bidding war will ensue and, before you know it, the sold price will be right back up to where it was always supposed to be.

 

The same strategy was always employed with short sales and foreclosures. A ridiculously low asking price generated a long list of prospective buyers. By the time you were instructed to deliver your "highest and best" offer, the sale price was not so far from what one could reasonable expect the house to sell for in that market minus the cost of repairs.

 

Traditionally, my family has greatly anticipated annual super sales. Only crazy, doorbuster pricing for 65" screen T.V.'s with a fancy remote or all-in-one p.c. could compel a middle-aged man with various neck/back/leg complaints to spend a frigid night sleeping outside the local electronics store except for the golden opportunity to walk away with one.

 

Consider this basic economic concept - a restricted quantity of goods, offered for a song will always amount to a horde of people lined up around the block - many still in their pajamas! At least in real estate, that crowd will push the price up.

 

Homeowners:  Have no fear! If your house is really that well-priced, you will certainly know it. Demand for your property will be great and you will definitely not have to "give it away" unless, of course, you're inclined to.

 

The real estate game is played by getting in and out of the market quickly, before hardly anyone even notices you're for sale.  That's why agents push so hard for accurate pricing. You want buyers to chase you and not the other way around!

 

No matter how you spend your day, come home to this

 

Long Beach, NY sunset

 

Long Island Real Estate Needs? 

Reach me @516.395.8376

 

Long Beach is a diverse community that is never short on entertainment. Interested in moving to Long Beach?

Don't hesitate to call me and we can begin our tour.

 

 

CHARLES RUTENBERG REALTY INC.  *****  516-575-7500  *****

ABOUT THE AUTHOR: Graduate REALTOR Institute 

Jill Sackler, NYS Real Estate Broker Associate based on Long Island's South Shore
 
 

Jill Sackler

 

 

  

     Specializing in Lifecycle Real Estate Transitions

"When your family doesn't fit your family home, I can help."
 
 
 
 
 
   
   

   

TwitterLinkedin

 


©Jill Sackler 2010
 

 

Comment balloon 23 commentsJill Sackler • March 05 2018 02:26PM
"We're not just giving it away! "
share
Line Heard Most Frequently in the Real Estate Community - "We're not just giving it away" I have no statistics. This is completely unofficial. Just one of those, "if I had a dollar for every time I heard this"… type of… more
Why "For Sale By Owner" May NOT Save you Money…
share
A terrific post! Out of every legitimate reason listed below, I always found the following to be the most compelling one when deciding whether to go For Sale by Owner: "Buyers are smarter than you think… they know you aren't paying… more
Move while you're still young enough to enjoy it!
share
Normally, when you're selling one home, you're enthusiastically planning for the purchase of another. Not always. Forty years was a very long time to live in one place. All their life cycle milestones were tied to this residence. Every displayed… more
The Empty Nesters - an animated video
share
I created an animated video for the mature homeseller or anyone seeking to better understand their concerns. It's 1 1/2 minutes in length (honestly, who's got time for anything more? ) However, it was actually a couple of years in the making as… more
Which of these states is not like the others?
share
The Property Condition Disclosure Upstate New York and throughout the country, the property condition disclosure statement is used very successfully. Downstate, where attorneys fill out the contract, (barring exact statistics)… more
You Cannot Charge Extra for the Memories
share
In response to all the homeowners who routinely overprice their homes, refusing to give weight to carefully prepared market reports and hoping to be paid extra for all the good times that transpired between their four walls, I say this: As you… more
Merrick, NY - Old Lindenmere Estates
share
$495, 000, 3Bd/2Ba Single Family House, 1523 sqft. Jill Sackler | Charles Rutenberg Realty | 516-395-8376jillasackler@gmail. com | 30 Linden Ln, Merrick, NY 11566 Merrick Old Lindenmere Estate 3Bd/2Ba Single Family House $495… more
Give millenials what they want
share
Give millenials what they want Move in ready Turnkey Drop your bags Bring your toothbrush Insert favorite HGTV catchphrase here _____________________________ If you're looking to sell quickly - just give buyers what they want! Back in the… more
Home Sellers: The Curse of the First Offer
share
The name of the real estate game is to Get In and Get Out of the market as quickly as you can. When a topic is summarized this well, there just isn't any need to rewrite it. Just in time for the upcoming Spring selling season, solid,… more
Health, Peace & Prosperity video for 2015
share
Health, Peace & Prosperity Happy New Year 2015! Svadilfari https://creativecommons. org/licenses/by-nd/2. 0/ … more