Why is it important to price accurately?

Properly pricing a home is one of the most important parts of selling. Statistics show that a home receives the most exposure during its first two weeks on the market. It’s vital that your home is priced reasonably because you can’t get that first impression back.

Many sellers and agents make the mistake of pricing their property too high. Buyers in today’s market are smart; they want a price tag that matches the home. After a home sits on the market for a few months, many times buyers will come in and make low offers. You may end up selling your property for less than you would have if you priced reasonably in the beginning.

To find out what your home should be priced at, give us a call at 805.995.2900 or send me an email dale@cayucos.com We’ll be happy to get a free market analysis for you!

Thanks for watching!

The Cayucos Real Estate Market

Welcome back to my video blog! Today, I wanted to talk to you about what’s been happening in our real estate market here on the central coast.

We have seen a lot of activity in the first half of 2013. We’ve had low inventory and we are seeing appreciating property values. In many instances there are multiple offer situations.

The increased interest rates have slowed the market a bit, but homes are still appreciating and buyers are still looking for the right home!

Fall is just around the corner and from my experience it is the busiest quarter of the year. Not only is the weather fantastic but buyers and sellers are motivated too.

Remember, the Morro Bay Avocado and Margarita Festival is coming up this Sept. 14-15th!  This is the seventh annual event and it should be a fantastic time. I hope you can join!

In my upcoming videos I will continue to bring you relevant real estate information and I will keep you up to date on events that we have forthcoming here in the greater San Luis Obispo County area.

Thanks again. I will talk to you soon!