Tyler Minges Home Sellers Guide 2017 Sellers Guide Tyler Minges | Page 10

7 | 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. 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 ON 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. ON THE MARKET NOT SO GR EAT P RICE GREAT PRIC E IN THE MARKET CONDITION Tyler Minges, HUFF Realty | SELLER’S GUIDE TO REAL ESTATE OFF THE MARKET A home is OFF THE MARKET when the listing has expired, been withdrawn, or has been cancelled.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 o