Schaumburg Homes

Monday, August 15, 2005


Ask anyone and they will tell you that the real estate market is slower now than last year at this time. Last year at this time there was no question that it was a Sellers Market. Even homes that where overpriced due to agents willingness to "buy" a listing had a chance of selling. Now that the market has slowed proper pricing and marketing are needed to sell even the nicest homes.

Gone are the days of putting your home in the MLS and having it sold in 24 hours with multiple offers. Now while we are still in a Sellers Market it has become increasingly important to price the home correctly or it will sit on the market and get a reputation as a "problem house". Buyers want to see new listings, not a home that has been on the market for 3 or 4 months.

In todays market overpricing a home will not only slow the sale, it will cost a seller money. For more information about pricing your home to sell feel free to visit