Deb Tebbs Group

Cascade Sotheby's International Realty

Why Overpricing Bend Oregon Real Estate Can Have Damaging Effects

Bend Oregon Real Estate

 

 

 

 

 

 

 

 

BEND, Ore. – There’s no denying that the Bend Oregon Real Estate market has seen huge growth in recent years thanks to the demand for real estate and low mortgage interest rates but in spite of these conditions one of the worst things you can do if you’re thinking about selling your house is to overprice it.

Why You Don’t Want To Overprice Your Bend Oregon Home

In 2016 every buyer has the ability to research a home’s value thanks to the Internet and smart phones which will help them to know within seconds what your home is really worth.

Once a buyer has researched your home online and also researched comparable properties in the Bend Oregon Real Estate market they will avoid your home, and it may sit on the market for a lot longer than you expected.

What Happens When a Home Sits On the Market For A Long Time?

The longer a home sits for sale on the Bend Oregon Real Estate market buyers will avoid it because they will wonder what else may be wrong with the home even if it’s a great house with awesome views and plenty of space and you may ultimately be faced with the prospect of reducing your price to reignite the interest of buyers.

How to Price your home

Instead of overpricing your home before listing it on the Bend Oregon Real Estate market you should either price it right at market value, or just below market value, because either of these pricing strategies will attract the attention of buyers who are searching for homes in Bend,

List Your Home on the Bend Oregon Real Estate Market

To get started with listing your home on the Bend Oregon Real Estate market contact the Deb Tebbs Group today by contacting us at (541) 323-4823 or click here to connect with us online.

Share this article