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2018-03-01 23:38:52
Lake Oswego Real Estate Why Your House Is Not Selling

Lake Oswego Real Estate Why Your House Is Not Selling

While it is still a seller's market in most of our Portland metro areas, there are still many houses not selling.

Regardless if a market is 'hot' or not, there are some basics that come into play regardless of when you s

ell.  Perhaps you have heard this before, getting your house to sell is 80% price and 20% marketing.  No amount of marketing can overcome a bad price.

In addition, here are some other tenets that we as REALTORS® know to be true:

How The Real Estate Market Reacts To Your Listing Price

  • 0 Showings First 2 Weeks on the Market

This indicates a listing price is at least 3-5+% or greater than the true market value. The price should be reduced by 3-5+% no later than 2 weeks after listed, based on showings by REALTORs'® and the agent's feedback to narrow the gap between list price and market value.

  • 2-3+ Showings a week - Offer after 8-12 showings

This indicates that the listing price is pretty close to the market value.  However, a house should generate 1-2 offers every 8-10 or so showings if your home is priced correctly.

There is a lot that comes into play to getting your home sold.  Give me a call and I can discuss ways we can work together to reach your goal.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low but are increasing, and there is still a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today's real estate market, please call me at 503-804-9685.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I'd love to be your buyer's agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is 'hot' here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! 'There is no substitute for experience.'

ALL ABOUT.....Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is in violation of federal copyright laws.

 
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