IN THE MARKET
ON THE MARKET
OFF THE MARKET
5 | PRICE AND CONDITION
THE IMPACT OF PRICE AND CONDITION
There is a difference between putting your home on the market and putting your home in the market . It all has to do with the price and condition of your home . Your HUFF agent knows the market and what buyers are actively looking for . They can advise you on what your home needs to be in the market .
IN THE MARKET
If your home is IN THE MARKET , home buyers consider your home has an “ acceptable price ” and / or “ acceptable condition ”. A home in this category is more likely to have showings , offers , and contracts .
PRICE
GREAT
NOT SO
PRICE
IN THE MARKET
GREAT
CONDITION
PRICE
GREAT CONDITION
ON THE MARKET
OFF THE MARKET
HUFF Realty | SELLER ’ S GUIDE TO REAL ESTATE
NOT SO GREAT CONDITION
ON THE MARKET
If your home is ON THE MARKET , home buyers do not accept your price and / or condition . This means you will have few , if any , showings or offers . However , an adjustment in the price , or an improvement in condition , could enhance the attractiveness of your home to buyers .
OFF THE MARKET
A home is OFF THE MARKET when the listing has expired , been withdrawn , or has been cancelled . This is often the result of a home which did not meet market expectations . Neither the price nor condition changed enough to alter the outcome .
56 % of sellers reduced their price at least once after the home was on the market for more than the average 4 weeks .
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