Is It Time to Lower the Selling Price of Your Home in Lakeland FL?

Lakeland Fl real estate broker

Lakeland FL homes for sale – Lowering the price may be the answer

Wrong pricing means overpricing since you definitely won’t hear buyers complaining if you happen to be selling your home in Lakeland FL for a dirt cheap price. In order to figure out if you have overpriced your home or there’s something else to blame, ask yourself the following questions.

How many ads or listings have you made for the home?

If you have been regularly placing your ads then that means exposure is not the problem.

Is the information posted in the ad sufficient?

Inadequate information posted in a Lakeland Florida property ad won’t be a problem if the buyer has a hard-working agent or the buyer himself is seriously motivated about finding the right home. Obviously, not all buyers would fall under that category and it could be that the ideal buyer for your home is one of the latter – the kind that will only pay attention to ads offering the kind of information he’s looking for.

But if your ads have more than enough information about your property then the problem really could be your price.

The best photos – even a whole gallery of them – are sometimes still not enough for a buyer to make an offer. In fact, many homebuyers won’t even want a private tour of your home because they feel that’s making too much of a commitment. What they want instead is an open house, and if you haven’t had one of those then that could be the reason your home is not selling.

But if you did hold open houses and regularly, too, then it all goes back to pricing.

Have you tried marketing your home in Lakeland FL on the Internet?

This is very important since a lot of people no longer browse through property sections of newspapers to find their dream home. Most of them prefer or exclusively search for online listings. If you haven’t considered this angle before then that could be your culprit. But if your home in Lakeland FL is also extensively marketed online then it boils down to finding the right price for your home.

Have you asked for feedback?

Make sure to ask those with something relevant to contribute such as agents, friends who also sold their homes in Lakeland FL, and any homebuyers you know. They can help you determine if it’s the price that’s keeping your property in the market. And if it is, then maybe it’s time to lower its price or, better yet, get the help of an agent to figure out just how much you should sell your home for.

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